Mitac Digital Technology (TPE:7821) Cash Conversion Cycle: 11.33 (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:7821 Mitac Digital Technology Corp TPE:7821
17 GF Score
Price NT$40.60
! 2 Warning Signs
View Full Analysis

What is Mitac Digital Technology Cash Conversion Cycle?

Mitac Digital Technology TPE:7821 +1.12% 17 Cash Conversion Cycle is 11.33 as of Mar. 2026. GuruFocus rates TPE:7821 with a GF Score™ of 17/100. The stock has 2 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 Digital Technology's Days Sales Outstanding for the three months ended in Mar. 2026 was 57.5.
Mitac Digital Technology's Days Inventory for the three months ended in Mar. 2026 was 94.98.
Mitac Digital Technology's Days Payable for the three months ended in Mar. 2026 was 141.15.
Therefore, Mitac Digital Technology's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 11.33.


Mitac Digital Technology  (TPE:7821) 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 Digital Technology Cash Conversion Cycle Related Terms


Mitac Digital Technology Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Mitac Digital Technology'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 Digital Technology Cash Conversion Cycle Chart

Mitac Digital Technology Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
92.42 41.16 -19.16 -1.61

Mitac Digital Technology Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only -9.41 -10.76 -4.56 3.80 11.33

TPE:7821 vs CSCO, MSI, HPE: Cash Conversion Cycle Comparison

For the Communication Equipment subindustry, Mitac Digital Technology'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 Digital Technology Cash Conversion Cycle vs Hardware Industry

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

* The bar in red indicates where Mitac Digital Technology's Cash Conversion Cycle falls into.


TPE:7821
17GF Score
Mitac Digital Technology Corp TPE:7821
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitac Digital Technology 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 Digital Technology'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
=67.64+107.13-176.38
=-1.61

Mitac Digital Technology'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
=57.5+94.98-141.15
=11.33

* 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 11.33 mean?
Mitac Digital Technology (TPE:7821) has a Cash Conversion Cycle of 11.33 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Mitac Digital Technology and its competitors.
Is Mitac Digital Technology's Cash Conversion Cycle too high?
Mitac Digital Technology's current Cash Conversion Cycle is 11.33. The Hardware industry median Cash Conversion Cycle is 98.60. Mitac Digital Technology's value of 11.33 is 88.5% below this industry median. Overall, Mitac Digital Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mitac Digital Technology's Cash Conversion Cycle compare to CSCO and MSI?
Mitac Digital Technology's Cash Conversion Cycle of 11.33 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.60. Mitac Digital Technology's value of 11.33 is 88.5% 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 98.60, based on 2,475 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 Digital Technology's current Cash Conversion Cycle of 11.33 is 88.5% 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 Digital Technology and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitac Digital Technology's current Cash Conversion Cycle is 11.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitac Digital Technology stock overvalued right now?
Mitac Digital Technology (TPE:7821) has a current Cash Conversion Cycle of 11.33. The current Cash Conversion Cycle is 11.33 and 88.5% below the Hardware industry median of 98.60. Mitac Digital Technology's overall GF Score™ is 17/100 with 2 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 Digital Technology (TPE:7821), the current Cash Conversion Cycle is 11.33 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.

Mitac Digital Technology Business Description

Address No.200, Wen Hwa 2nd Road, Kuei Shan District, Taoyuan, TWN, 33383
Mitac Digital Technology Corp is a holding company that is engaged in the development, design, manufacturing, and sales of automotive electronics, smart IoT, and industrial computer products. Geographically, the company generates maximum revenue from USA, while it also has its presence in Taiwan, Europe and Others.
17GF Score

Get the complete analysis for TPE:7821

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

NT$40.60
Price