M4B Spolka Akcyjna (WAR:M4B) Cash Conversion Cycle: 204.00 (As of Dec. 2025)

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.

WAR:M4B M4B Spolka Akcyjna WAR:M4B
82 GF Score
Price zł11.90
GF Value zł14.82
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is M4B Spolka Akcyjna Cash Conversion Cycle?

M4B Spolka Akcyjna WAR:M4B 82 Cash Conversion Cycle is 204.00 as of Dec. 2025. GuruFocus rates WAR:M4B with a GF Score™ of 82/100 and a GF Value™ of zł14.82 (Modestly Undervalued). 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.

M4B Spolka Akcyjna's Days Sales Outstanding for the three months ended in Dec. 2025 was 47.03.
M4B Spolka Akcyjna's Days Inventory for the three months ended in Dec. 2025 was 208.27.
M4B Spolka Akcyjna's Days Payable for the three months ended in Dec. 2025 was 51.3.
Therefore, M4B Spolka Akcyjna's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 204.00.


M4B Spolka Akcyjna  (WAR:M4B) 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.


M4B Spolka Akcyjna Cash Conversion Cycle Related Terms


M4B Spolka Akcyjna Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for M4B Spolka Akcyjna'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.

M4B Spolka Akcyjna Cash Conversion Cycle Chart

M4B Spolka Akcyjna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 219.95 222.49 204.06 208.37 191.69

M4B Spolka Akcyjna Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 181.80 184.58 161.37 289.10 204.00

M4B Spolka Akcyjna Cash Conversion Cycle Competitor Comparison

For the Business Equipment & Supplies subindustry, M4B Spolka Akcyjna'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.


M4B Spolka Akcyjna Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, M4B Spolka Akcyjna's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where M4B Spolka Akcyjna's Cash Conversion Cycle falls into.


WAR:M4B
82GF Score
M4B Spolka Akcyjna WAR:M4B
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M4B Spolka Akcyjna 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.

M4B Spolka Akcyjna'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
=75.05+164.42-47.78
=191.69

M4B Spolka Akcyjna's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=47.03+208.27-51.3
=204.00

* 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 204.00 mean?
M4B Spolka Akcyjna (WAR:M4B) has a Cash Conversion Cycle of 204.00 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on M4B Spolka Akcyjna and its competitors.
Is M4B Spolka Akcyjna's Cash Conversion Cycle too high?
M4B Spolka Akcyjna's current Cash Conversion Cycle is 204.00. The Industrial Products industry median Cash Conversion Cycle is 122.15. M4B Spolka Akcyjna's value of 204.00 is 67% above this industry median. Overall, M4B Spolka Akcyjna has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M4B Spolka Akcyjna's Cash Conversion Cycle compare to competitors?
M4B Spolka Akcyjna's Cash Conversion Cycle of 204.00 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.15. M4B Spolka Akcyjna's value of 204.00 is 67% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.15, based on 3,036 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. M4B Spolka Akcyjna's current Cash Conversion Cycle of 204.00 is 67% 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 M4B Spolka Akcyjna and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M4B Spolka Akcyjna's current Cash Conversion Cycle is 204.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M4B Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, M4B Spolka Akcyjna (WAR:M4B) is currently considered Modestly Undervalued. The stock's GF Value™ is zł14.82, compared to a current price of zł11.90 — trading 19.7% below its estimated fair value. The current Cash Conversion Cycle is 204.00 and 67% above the Industrial Products industry median of 122.15. M4B Spolka Akcyjna's overall GF Score™ is 82/100 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 M4B Spolka Akcyjna (WAR:M4B), the current Cash Conversion Cycle is 204.00 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 M4B Spolka Akcyjna (WAR:M4B) Overvalued in 2026?

Based on GuruFocus' analysis, M4B Spolka Akcyjna stock appears to be undervalued. The current stock price of zł11.90 is trading 19.7% below its estimated GF Value™ of zł14.82. GuruFocus considers M4B Spolka Akcyjna to be Modestly Undervalued.

Key valuation signals for WAR:M4B:

  • Cash Conversion Cycle: 204.00
  • GF Value™: zł14.82 vs. price of zł11.90 (19.7% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 67% above the Industrial Products median

No single metric tells the full story. See the WAR:M4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


M4B Spolka Akcyjna Business Description

Address Domaniewska Street 47, Warszawa, POL, 02-672
M4B Spolka Akcyjna is involved in designing and creating digital signage solutions in the data communications industry in Poland. Its principal product, WAVE Multimedia Everywhere, is a software product to manage wide screen networks online.
82GF Score

Get the complete analysis for WAR:M4B

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

zł11.90
Price
zł14.82
GF Value