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Para Light Electronics Co's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 115.24.
Para Light Electronics Co's Days Inventory for the
three
months ended in Dec. 2025 was 107.84.
Para Light Electronics Co's Days Payable for the
three
months ended in Dec. 2025 was 128.73.
Therefore, Para Light Electronics Co's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 94.35.
Para Light Electronics Co (TPE:6226) 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.
Para Light Electronics Co Cash Conversion Cycle Related Terms
Para Light Electronics Co Cash Conversion Cycle Historical Data
* 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.
Para Light Electronics Co Cash Conversion Cycle Chart
TPE:6226 vs APH, GLW, TEL: Cash Conversion Cycle Comparison
For the Electronic Components subindustry, Para Light 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.
Para Light Electronics Co Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Para Light Electronics Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Para Light Electronics Co's Cash Conversion Cycle falls into.
Para Light 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.
Para Light Electronics Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Para Light Electronics Co (TPE:6226) has a Cash Conversion Cycle of 94.35 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Para Light Electronics Co and its competitors.
Is Para Light Electronics Co's Cash Conversion Cycle too high?
Para Light Electronics Co's current Cash Conversion Cycle is 94.35. The Hardware industry median Cash Conversion Cycle is 99.01. Para Light Electronics Co's value of 94.35 is 4.7% below this industry median. Overall, Para Light Electronics Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Para Light Electronics Co's Cash Conversion Cycle compare to APH and GLW?
Para Light Electronics Co's Cash Conversion Cycle of 94.35 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.01. Para Light Electronics Co's value of 94.35 is 4.7% 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 99.01, based on 2,477 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. Para Light Electronics Co's current Cash Conversion Cycle of 94.35 is 4.7% 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 Para Light Electronics Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Para Light Electronics Co's current Cash Conversion Cycle is 94.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Para Light Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Para Light Electronics Co (TPE:6226) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$7.55, compared to a current price of NT$20.30 — trading 168.9% above its estimated fair value. The current Cash Conversion Cycle is 94.35 and 4.7% below the Hardware industry median of 99.01. Para Light Electronics Co's overall GF Score™ is 50/100 with 4 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 Para Light Electronics Co (TPE:6226), the current Cash Conversion Cycle is 94.35 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 Para Light Electronics Co (TPE:6226) Overvalued in 2026?
Based on GuruFocus' analysis, Para Light Electronics Co stock appears to be overvalued.
The current stock price of NT$20.30 is trading 168.9% above its estimated GF Value™ of NT$7.55.
GuruFocus considers Para Light Electronics Co to be Significantly Overvalued.
Key valuation signals for TPE:6226:
Cash Conversion Cycle: 94.35
GF Value™: NT$7.55 vs. price of NT$20.30 (168.9% above fair value)
No single metric tells the full story. See the TPE:6226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Para Light Electronics Co Ltd mainly engage in the manufacture, processing and sale of various LEDs and LED displays. The company's products are Visible LED, SMD LED, UV LED, PLCC LED, IR LED, Display LED, Optical Sensor, Lamp LED, Power Semiconductor, Circuit Board Indicator, Automotive LED, Infrared. The company has three segments: Segment A produces and sells LEDs, materials, and LED-related optoelectronic products; Segment B develops and manages real estate; and Segment C engages in general investment. The company generates majority of revenue from Segment A. It has presence in Asia, America, Europe, and others.
50GF Score
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