MITAC Holdings (TPE:3706) Cash Conversion Cycle: 76.15 (As of Dec. 2025)


TPE:3706 MITAC Holdings Corp TPE:3706
86 GF Score
Price NT$88.20
GF Value NT$130.01
Valuation Significantly Undervalued
! 3 Warning Signs
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What is MITAC Holdings Cash Conversion Cycle?

MITAC Holdings TPE:3706 +0.23% 86 Cash Conversion Cycle is 76.15 as of Dec. 2025. GuruFocus rates TPE:3706 with a GF Score™ of 86/100 and a GF Value™ of NT$130.01 (Significantly Undervalued). The stock has 3 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.

MITAC Holdings's Days Sales Outstanding for the three months ended in Dec. 2025 was 42.55.
MITAC Holdings's Days Inventory for the three months ended in Dec. 2025 was 87.83.
MITAC Holdings's Days Payable for the three months ended in Dec. 2025 was 54.23.
Therefore, MITAC Holdings's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 76.15.


MITAC Holdings  (TPE:3706) 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.


MITAC Holdings Cash Conversion Cycle Related Terms


MITAC Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for MITAC Holdings'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.

MITAC Holdings Cash Conversion Cycle Chart

MITAC Holdings 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 80.93 84.06 97.53 63.24 67.35

MITAC Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 43.33 59.91 68.67 91.51 76.15

TPE:3706 vs SNDK, DELL, STX: Cash Conversion Cycle Comparison

For the Computer Hardware subindustry, MITAC Holdings'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.


MITAC Holdings Cash Conversion Cycle vs Hardware Industry

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

* The bar in red indicates where MITAC Holdings's Cash Conversion Cycle falls into.


TPE:3706
86GF Score
MITAC Holdings Corp TPE:3706
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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MITAC Holdings 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.

MITAC Holdings'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
=51.54+102.45-86.64
=67.35

MITAC Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=42.55+87.83-54.23
=76.15

* 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 76.15 mean?
MITAC Holdings (TPE:3706) has a Cash Conversion Cycle of 76.15 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on MITAC Holdings and its competitors.
Is MITAC Holdings' Cash Conversion Cycle too high?
MITAC Holdings' current Cash Conversion Cycle is 76.15. The Hardware industry median Cash Conversion Cycle is 98.93. MITAC Holdings' value of 76.15 is 23% below this industry median. Overall, MITAC Holdings has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MITAC Holdings' Cash Conversion Cycle compare to SNDK and DELL?
MITAC Holdings' Cash Conversion Cycle of 76.15 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.93. MITAC Holdings' value of 76.15 is 23% below 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 98.93, based on 2,473 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. MITAC Holdings's current Cash Conversion Cycle of 76.15 is 23% below 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 MITAC Holdings and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MITAC Holdings's current Cash Conversion Cycle is 76.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MITAC Holdings stock overvalued right now?
Based on GuruFocus' analysis, MITAC Holdings (TPE:3706) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$130.01, compared to a current price of NT$88.20 — trading 32.2% below its estimated fair value. The current Cash Conversion Cycle is 76.15 and 23% below the Hardware industry median of 98.93. MITAC Holdings' overall GF Score™ is 86/100 with 3 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 MITAC Holdings (TPE:3706), the current Cash Conversion Cycle is 76.15 as of Dec. 2025. 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 MITAC Holdings (TPE:3706) Overvalued in 2026?

Based on GuruFocus' analysis, MITAC Holdings stock appears to be undervalued. The current stock price of NT$88.20 is trading 32.2% below its estimated GF Value™ of NT$130.01. GuruFocus considers MITAC Holdings to be Significantly Undervalued.

Key valuation signals for TPE:3706:

  • Cash Conversion Cycle: 76.15
  • GF Value™: NT$130.01 vs. price of NT$88.20 (32.2% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 23% below the Hardware median

No single metric tells the full story. See the TPE:3706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MITAC Holdings Business Description

Address No. 202, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33383
MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group builds application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.
86GF Score

Get the complete analysis for TPE:3706

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

NT$88.20
Price
NT$130.01
GF Value