MindArk PE AB (XSAT:MNDRK) Cash Conversion Cycle: -54.06 (As of Mar. 2026)


XSAT:MNDRK MindArk PE AB XSAT:MNDRK
58 GF Score
Price kr0.76
GF Value kr1.38
Valuation Possible Value Trap
! 4 Warning Signs
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What is MindArk PE AB Cash Conversion Cycle?

MindArk PE AB XSAT:MNDRK -4.43% 58 Cash Conversion Cycle is -54.06 as of Mar. 2026. GuruFocus rates XSAT:MNDRK with a GF Score™ of 58/100 and a GF Value™ of kr1.38 (Possible Value Trap). The stock has 4 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.

MindArk PE AB's Days Sales Outstanding for the three months ended in Mar. 2026 was 2.5.
MindArk PE AB's Days Inventory for the three months ended in Mar. 2026 was 1.01.
MindArk PE AB's Days Payable for the three months ended in Mar. 2026 was 57.57.
Therefore, MindArk PE AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -54.06.


MindArk PE AB  (XSAT:MNDRK) 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.


MindArk PE AB Cash Conversion Cycle Related Terms


MindArk PE AB Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for MindArk PE AB'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.

MindArk PE AB Cash Conversion Cycle Chart

MindArk PE AB Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
-48.16 -28.60 -36.46 -32.59

MindArk PE AB Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -21.26 -30.04 -26.54 -33.79 -54.06

XSAT:MNDRK vs UBER, SHOP, CRM: Cash Conversion Cycle Comparison

For the Software - Application subindustry, MindArk PE AB'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.


MindArk PE AB Cash Conversion Cycle vs Software Industry

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

* The bar in red indicates where MindArk PE AB's Cash Conversion Cycle falls into.


XSAT:MNDRK
58GF Score
MindArk PE AB XSAT:MNDRK
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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MindArk PE AB 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.

MindArk PE AB'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
=2.05+1.14-35.78
=-32.59

MindArk PE AB's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=2.5+1.01-57.57
=-54.06

* 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 -54.06 mean?
MindArk PE AB (XSAT:MNDRK) has a Cash Conversion Cycle of -54.06 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on MindArk PE AB and its competitors.
Is MindArk PE AB's Cash Conversion Cycle too high?
MindArk PE AB's current Cash Conversion Cycle is -54.06. Overall, MindArk PE AB has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MindArk PE AB's Cash Conversion Cycle compare to UBER and SHOP?
MindArk PE AB's Cash Conversion Cycle of -54.06 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.19. 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 2,797 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. 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 MindArk PE AB 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. MindArk PE AB's current Cash Conversion Cycle is -54.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MindArk PE AB stock overvalued right now?
Based on GuruFocus' analysis, MindArk PE AB (XSAT:MNDRK) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.38, compared to a current price of kr0.76 — trading 45.3% below its estimated fair value. The current Cash Conversion Cycle is -54.06. MindArk PE AB's overall GF Score™ is 58/100 with 4 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 MindArk PE AB (XSAT:MNDRK), the current Cash Conversion Cycle is -54.06 as of Mar. 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 MindArk PE AB (XSAT:MNDRK) Overvalued in 2026?

Based on GuruFocus' analysis, MindArk PE AB stock appears to be undervalued. The current stock price of kr0.76 is trading 45.3% below its estimated GF Value™ of kr1.38. GuruFocus considers MindArk PE AB to be Possible Value Trap.

Key valuation signals for XSAT:MNDRK:

  • Cash Conversion Cycle: -54.06
  • GF Value™: kr1.38 vs. price of kr0.76 (45.3% below fair value)
  • GF Score™: 58/100 with 4 warning signs

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


MindArk PE AB Business Description

Other Exchanges Z7R:Germany
Address Masthamnsgatan 5, Gothenburg, SWE, SE 413 29
MindArk PE AB develops and operates Entropia Universe and the Entropia Platform. Entropia Universe is a 3D internet virtual universe with an integrated economic system and stunning graphics. The client software is free of charge and available to anyone with internet access. The Entropia Platform is a secure entertainment and business platform, enabling companies and organizations all over the world to build content on themed planets inside the Entropia Universe.
58GF Score

Get the complete analysis for XSAT:MNDRK

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

kr0.76
Price
kr1.38
GF Value