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High Tide's Days Sales Outstanding for the
three
months ended in Apr. 2026 was 4.17.
High Tide's Days Inventory for the
three
months ended in Apr. 2026 was 48.22.
High Tide's Days Payable for the
three
months ended in Apr. 2026 was 23.1.
Therefore, High Tide's Cash Conversion Cycle (CCC) for the
three
months ended in Apr. 2026 was 29.29.
High Tide (TSXV:HITI) 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.
High Tide Cash Conversion Cycle Related Terms
High Tide Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for High Tide'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.
High Tide Cash Conversion Cycle Competitor Comparison
For the Pharmaceutical Retailers subindustry, High Tide'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.
High Tide Cash Conversion Cycle vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, High Tide's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where High Tide'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.
High Tide'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.
High Tide (TSXV:HITI) has a Cash Conversion Cycle of 29.29 as of Apr. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on High Tide and its competitors.
Is High Tide's Cash Conversion Cycle too high?
High Tide's current Cash Conversion Cycle is 29.29. The Healthcare Providers & Services industry median Cash Conversion Cycle is 17.75. High Tide's value of 29.29 is 65% above this industry median. Overall, High Tide has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's Cash Conversion Cycle compare to competitors?
High Tide's Cash Conversion Cycle of 29.29 can be compared against companies in the Healthcare Providers & Services industry. The industry median Cash Conversion Cycle is 17.75. High Tide's value of 29.29 is 65% 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 Healthcare Providers & Services company?
The median Cash Conversion Cycle among Healthcare Providers & Services companies is 17.75, based on 661 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. High Tide's current Cash Conversion Cycle of 29.29 is 65% 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 High Tide and its competitors. For the Healthcare Providers & Services industry, the median Cash Conversion Cycle is 17.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Tide's current Cash Conversion Cycle is 29.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Tide stock overvalued right now?
Based on GuruFocus' analysis, High Tide (TSXV:HITI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$3.71, compared to a current price of C$2.97 — trading 19.9% below its estimated fair value. The current Cash Conversion Cycle is 29.29 and 65% above the Healthcare Providers & Services industry median of 17.75. High Tide's overall GF Score™ is 75/100 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 High Tide (TSXV:HITI), the current Cash Conversion Cycle is 29.29 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 High Tide (TSXV:HITI) Overvalued in 2026?
Based on GuruFocus' analysis, High Tide stock appears to be undervalued.
The current stock price of C$2.97 is trading 19.9% below its estimated GF Value™ of C$3.71.
GuruFocus considers High Tide to be Modestly Undervalued.
Key valuation signals for TSXV:HITI:
Cash Conversion Cycle: 29.29
GF Value™: C$3.71 vs. price of C$2.97 (19.9% below fair value)
Industry Position: 65% above the Healthcare Providers & Services median
No single metric tells the full story. See the TSXV:HITI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.
75GF Score
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