Haivision Systems's Days Sales Outstanding for the
three
months ended in Apr. 2026 was 66.62.
Haivision Systems's Days Inventory for the
three
months ended in Apr. 2026 was 121.93.
Haivision Systems's Days Payable for the
three
months ended in Apr. 2026 was 75.97.
Therefore, Haivision Systems's Cash Conversion Cycle (CCC) for the
three
months ended in Apr. 2026 was 112.58.
Haivision Systems (TSX:HAI) 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.
Haivision Systems Cash Conversion Cycle Related Terms
Haivision Systems Cash Conversion Cycle Historical Data
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The historical data trend for Haivision Systems'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.
TSX:HAI vs MSFT, ORCL, PLTR: Cash Conversion Cycle Comparison
For the Software - Infrastructure subindustry, Haivision Systems'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.
Haivision Systems Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, Haivision Systems's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Haivision Systems's Cash Conversion Cycle falls into.
Haivision Systems 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.
Haivision Systems's Cash Conversion Cycle for the fiscal year that ended in Oct. 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.
Haivision Systems (TSX:HAI) has a Cash Conversion Cycle of 112.58 as of Apr. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Haivision Systems and its competitors.
Is Haivision Systems' Cash Conversion Cycle too high?
Haivision Systems' current Cash Conversion Cycle is 112.58. The Software industry median Cash Conversion Cycle is 32.19. Haivision Systems' value of 112.58 is 249.7% above this industry median. Overall, Haivision Systems has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haivision Systems' Cash Conversion Cycle compare to MSFT and ORCL?
Haivision Systems' Cash Conversion Cycle of 112.58 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.19. Haivision Systems' value of 112.58 is 249.7% 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 32.19, based on 2,799 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. Haivision Systems's current Cash Conversion Cycle of 112.58 is 249.7% 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 Haivision Systems and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haivision Systems's current Cash Conversion Cycle is 112.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haivision Systems stock overvalued right now?
Based on GuruFocus' analysis, Haivision Systems (TSX:HAI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$5.18, compared to a current price of C$4.60 — trading 11.2% below its estimated fair value. The current Cash Conversion Cycle is 112.58 and 249.7% above the Software industry median of 32.19. Haivision Systems' overall GF Score™ is 85/100 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 Haivision Systems (TSX:HAI), the current Cash Conversion Cycle is 112.58 as of Apr. 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 Haivision Systems (TSX:HAI) Overvalued in 2026?
Based on GuruFocus' analysis, Haivision Systems stock appears to be undervalued.
The current stock price of C$4.60 is trading 11.2% below its estimated GF Value™ of C$5.18.
GuruFocus considers Haivision Systems to be Modestly Undervalued.
Key valuation signals for TSX:HAI:
Cash Conversion Cycle: 112.58
GF Value™: C$5.18 vs. price of C$4.60 (11.2% below fair value)
Industry Position: 249.7% above the Software median
No single metric tells the full story. See the TSX:HAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.
85GF Score
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