Action Electronics Co (TPE:3024) Cash Conversion Cycle: 466.32 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3024 Action Electronics Co Ltd TPE:3024
84 GF Score
Price NT$12.10
GF Value NT$13.78
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Action Electronics Co Cash Conversion Cycle?

Action Electronics Co TPE:3024 +2.11% 84 Cash Conversion Cycle is 466.32 as of Mar. 2026. GuruFocus rates TPE:3024 with a GF Score™ of 84/100 and a GF Value™ of NT$13.78 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Action Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 32.76.
Action Electronics Co's Days Inventory for the three months ended in Mar. 2026 was 476.06.
Action Electronics Co's Days Payable for the three months ended in Mar. 2026 was 42.5.
Therefore, Action Electronics Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 466.32.


Action Electronics Co  (TPE:3024) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Action Electronics Co Cash Conversion Cycle Related Terms


Action Electronics Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Action Electronics Co's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Action Electronics Co Cash Conversion Cycle Chart

Action Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.81 301.58 403.71 232.42 280.34

Action Electronics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 175.99 176.15 282.28 402.06 466.32

TPE:3024 vs AAPL: Cash Conversion Cycle Comparison

For the Consumer Electronics subindustry, Action Electronics Co's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Action Electronics Co Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, Action Electronics Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Action Electronics Co's Cash Conversion Cycle falls into.


TPE:3024
84GF Score
Action Electronics Co Ltd TPE:3024
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Action Electronics Co Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Action Electronics Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=26.61+286.33-32.6
=280.34

Action Electronics Co's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=32.76+476.06-42.5
=466.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 466.32 mean?
Action Electronics Co (TPE:3024) has a Cash Conversion Cycle of 466.32 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Action Electronics Co and its competitors.
Is Action Electronics Co's Cash Conversion Cycle too high?
Action Electronics Co's current Cash Conversion Cycle is 466.32. The Hardware industry median Cash Conversion Cycle is 98.95. Action Electronics Co's value of 466.32 is 371.3% above this industry median. Overall, Action Electronics Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Action Electronics Co's Cash Conversion Cycle compare to AAPL?
Action Electronics Co's Cash Conversion Cycle of 466.32 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Action Electronics Co's value of 466.32 is 371.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.95, based on 2,476 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Action Electronics Co's current Cash Conversion Cycle of 466.32 is 371.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Action Electronics Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Action Electronics Co's current Cash Conversion Cycle is 466.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Action Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Action Electronics Co (TPE:3024) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$13.78, compared to a current price of NT$12.10 — trading 12.2% below its estimated fair value. The current Cash Conversion Cycle is 466.32 and 371.3% above the Hardware industry median of 98.95. Action Electronics Co's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Action Electronics Co (TPE:3024), the current Cash Conversion Cycle is 466.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Action Electronics Co (TPE:3024) Overvalued in 2026?

Based on GuruFocus' analysis, Action Electronics Co stock appears to be undervalued. The current stock price of NT$12.10 is trading 12.2% below its estimated GF Value™ of NT$13.78. GuruFocus considers Action Electronics Co to be Modestly Undervalued.

Key valuation signals for TPE:3024:

  • Cash Conversion Cycle: 466.32
  • GF Value™: NT$13.78 vs. price of NT$12.10 (12.2% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 371.3% above the Hardware median

No single metric tells the full story. See the TPE:3024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Action Electronics Co Business Description

Address No. 423-7 Zhengguang Road, 4th Floor, Taoyuan District, Taoyuan, TWN, 330
Action Electronics Co Ltd is engaged in the trade of audio-visual electronic products, various home appliances, and other related products, housing and building development and rental, etc. The company's products include portable multimedia players, LCD digital TVs, mobile entertainment devices, mobile internet devices, and solar applications. Its operating segments include ACTION ASIA LTD. group (AAL), ALMOND GARDEN CORP. group (AGC) , and Taiwan segment. The company generates a majority of its revenue from the Taiwan segment. Geographically, the company derives maximum revenue from Taiwan, Mainland China, the United States, and other regions.
84GF Score

Get the complete analysis for TPE:3024

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$12.10
Price
NT$13.78
GF Value