BenQ Materials's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 71.49.
BenQ Materials's Days Inventory for the
three
months ended in Dec. 2025 was 96.49.
BenQ Materials's Days Payable for the
three
months ended in Dec. 2025 was 65.91.
Therefore, BenQ Materials's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 102.07.
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.
BenQ Materials Cash Conversion Cycle Related Terms
BenQ Materials Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for BenQ Materials'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.
TPE:8215 vs APH, GLW: Cash Conversion Cycle Comparison
For the Electronic Components subindustry, BenQ Materials'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.
BenQ Materials Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, BenQ Materials's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where BenQ Materials's Cash Conversion Cycle falls into.
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.
BenQ Materials'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.
BenQ Materials (TPE:8215) has a Cash Conversion Cycle of 102.07 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on BenQ Materials and its competitors.
Is BenQ Materials' Cash Conversion Cycle too high?
BenQ Materials' current Cash Conversion Cycle is 102.07. The Hardware industry median Cash Conversion Cycle is 98.93. BenQ Materials' value of 102.07 is 3.2% above this industry median. Overall, BenQ Materials has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BenQ Materials' Cash Conversion Cycle compare to APH and GLW?
BenQ Materials' Cash Conversion Cycle of 102.07 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.93. BenQ Materials' value of 102.07 is 3.2% 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 98.93, 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. BenQ Materials's current Cash Conversion Cycle of 102.07 is 3.2% 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 BenQ Materials 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. BenQ Materials's current Cash Conversion Cycle is 102.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BenQ Materials stock overvalued right now?
Based on GuruFocus' analysis, BenQ Materials (TPE:8215) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.84, compared to a current price of NT$29.50 — trading 12.8% below its estimated fair value. The current Cash Conversion Cycle is 102.07 and 3.2% above the Hardware industry median of 98.93. BenQ Materials' overall GF Score™ is 72/100 with 11 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 BenQ Materials (TPE:8215), the current Cash Conversion Cycle is 102.07 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 BenQ Materials (TPE:8215) Overvalued in 2026?
Based on GuruFocus' analysis, BenQ Materials stock appears to be undervalued.
The current stock price of NT$29.50 is trading 12.8% below its estimated GF Value™ of NT$33.84.
GuruFocus considers BenQ Materials to be Modestly Undervalued.
Key valuation signals for TPE:8215:
Cash Conversion Cycle: 102.07
GF Value™: NT$33.84 vs. price of NT$29.50 (12.8% below fair value)
No single metric tells the full story. See the TPE:8215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BenQ Materials Corp is engaged in the manufacturing and sales of film sheet products and medical equipment. Its products include polarizer films; optical films for touch panels; E-paper, industrial tapes; and smart optical films, healthcare products, including hydrocolloid dressings for moist wound management and silicone gels. The company's segments include: The film sheet segment is mainly engaged in the sales, manufacturing and research, and development of various electronic chemical membrane products; and The medical segment is involved in the sales, manufacturing, and research and development of various medical-related products. Geographically, it operates in China, which derives maximum revenue; Taiwan; Japan; United States; and Others.
72GF Score
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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