BlackBerry (TSX:BB) Cash Conversion Cycle: 64.32 (As of May. 2026)


TSX:BB BlackBerry Ltd TSX:BB
60 GF Score
Price C$17.91
GF Value C$5.23
Valuation Significantly Overvalued
! 5 Warning Signs
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What is BlackBerry Cash Conversion Cycle?

BlackBerry TSX:BB +0.96% 60 Cash Conversion Cycle is 64.32 as of May. 2026. GuruFocus rates TSX:BB with a GF Score™ of 60/100 and a GF Value™ of C$5.23 (Significantly Overvalued). The stock has 5 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.

BlackBerry's Days Sales Outstanding for the three months ended in May. 2026 was 94.24.
BlackBerry's Days Inventory for the three months ended in May. 2026 was 0.
BlackBerry's Days Payable for the three months ended in May. 2026 was 29.92.
Therefore, BlackBerry's Cash Conversion Cycle (CCC) for the three months ended in May. 2026 was 64.32.


BlackBerry  (TSX:BB) 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.


BlackBerry Cash Conversion Cycle Related Terms


BlackBerry Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for BlackBerry'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.

BlackBerry Cash Conversion Cycle Chart

BlackBerry Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.76 35.64 48.83 62.05 59.23

BlackBerry Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 61.70 77.21 62.80 65.21 64.32

TSX:BB vs MSFT, ORCL, PLTR: Cash Conversion Cycle Comparison

For the Software - Infrastructure subindustry, BlackBerry'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.


BlackBerry Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, BlackBerry's Cash Conversion Cycle distribution charts can be found below:

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


TSX:BB
60GF Score
BlackBerry Ltd TSX:BB
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackBerry 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.

BlackBerry's Cash Conversion Cycle for the fiscal year that ended in Feb. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=112.33+0-53.1
=59.23

BlackBerry's Cash Conversion Cycle for the quarter that ended in May. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=94.24+0-29.92
=64.32

* 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 64.32 mean?
BlackBerry (TSX:BB) has a Cash Conversion Cycle of 64.32 as of May. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on BlackBerry and its competitors.
Is BlackBerry's Cash Conversion Cycle too high?
BlackBerry's current Cash Conversion Cycle is 64.32. The Software industry median Cash Conversion Cycle is 32.25. BlackBerry's value of 64.32 is 99.4% above this industry median. Overall, BlackBerry has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlackBerry's Cash Conversion Cycle compare to MSFT and ORCL?
BlackBerry's Cash Conversion Cycle of 64.32 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. BlackBerry's value of 64.32 is 99.4% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.25, based on 2,805 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. BlackBerry's current Cash Conversion Cycle of 64.32 is 99.4% 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 BlackBerry and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackBerry's current Cash Conversion Cycle is 64.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackBerry stock overvalued right now?
Based on GuruFocus' analysis, BlackBerry (TSX:BB) is currently considered Significantly Overvalued. The stock's GF Value™ is C$5.23, compared to a current price of C$17.91 — trading 242.4% above its estimated fair value. The current Cash Conversion Cycle is 64.32 and 99.4% above the Software industry median of 32.25. BlackBerry's overall GF Score™ is 60/100 with 5 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 BlackBerry (TSX:BB), the current Cash Conversion Cycle is 64.32 as of May. 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 BlackBerry (TSX:BB) Overvalued in 2026?

Based on GuruFocus' analysis, BlackBerry stock appears to be overvalued. The current stock price of C$17.91 is trading 242.4% above its estimated GF Value™ of C$5.23. GuruFocus considers BlackBerry to be Significantly Overvalued.

Key valuation signals for TSX:BB:

  • Cash Conversion Cycle: 64.32
  • GF Value™: C$5.23 vs. price of C$17.91 (242.4% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 99.4% above the Software median

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


BlackBerry Business Description

Address 2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market.
60GF Score

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

C$17.91
Price
C$5.23
GF Value