Thirdeye Systems (XTAE:THES) Cash Conversion Cycle: 261.32 (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.

XTAE:THES Thirdeye Systems Ltd XTAE:THES
55 GF Score
Price ₪4.63
GF Value ₪4.70
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Thirdeye Systems Cash Conversion Cycle?

Thirdeye Systems XTAE:THES -0.13% 55 Cash Conversion Cycle is 261.32 as of Dec. 2025. GuruFocus rates XTAE:THES with a GF Score™ of 55/100 and a GF Value™ of ₪4.70 (Fairly Valued). The stock has 7 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.

Thirdeye Systems's Days Sales Outstanding for the six months ended in Dec. 2025 was 199.29.
Thirdeye Systems's Days Inventory for the six months ended in Dec. 2025 was 177.34.
Thirdeye Systems's Days Payable for the six months ended in Dec. 2025 was 115.31.
Therefore, Thirdeye Systems's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 261.32.


Thirdeye Systems  (XTAE:THES) 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.


Thirdeye Systems Cash Conversion Cycle Related Terms


Thirdeye Systems Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Thirdeye 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.

Thirdeye Systems Cash Conversion Cycle Chart

Thirdeye Systems 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 156.03 156.04 172.82 203.66 146.08

Thirdeye Systems Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 189.23 195.73 240.71 265.14 261.32

XTAE:THES vs ALLE, MSA, ADT: Cash Conversion Cycle Comparison

For the Security & Protection Services subindustry, Thirdeye 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.


Thirdeye Systems Cash Conversion Cycle vs Business Services Industry

For the Business Services industry and Industrials sector, Thirdeye Systems's Cash Conversion Cycle distribution charts can be found below:

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


XTAE:THES
55GF Score
Thirdeye Systems Ltd XTAE:THES
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thirdeye 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.

Thirdeye Systems'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
=96.73+159.39-110.04
=146.08

Thirdeye Systems'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
=199.29+177.34-115.31
=261.32

* 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 261.32 mean?
Thirdeye Systems (XTAE:THES) has a Cash Conversion Cycle of 261.32 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Thirdeye Systems and its competitors.
Is Thirdeye Systems' Cash Conversion Cycle too high?
Thirdeye Systems' current Cash Conversion Cycle is 261.32. The Business Services industry median Cash Conversion Cycle is 38.41. Thirdeye Systems' value of 261.32 is 580.3% above this industry median. Overall, Thirdeye Systems has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thirdeye Systems' Cash Conversion Cycle compare to ALLE and MSA?
Thirdeye Systems' Cash Conversion Cycle of 261.32 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.41. Thirdeye Systems' value of 261.32 is 580.3% 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 Business Services company?
The median Cash Conversion Cycle among Business Services companies is 38.41, based on 1,069 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. Thirdeye Systems's current Cash Conversion Cycle of 261.32 is 580.3% 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 Thirdeye Systems and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thirdeye Systems's current Cash Conversion Cycle is 261.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thirdeye Systems stock overvalued right now?
Based on GuruFocus' analysis, Thirdeye Systems (XTAE:THES) is currently considered Fairly Valued. The stock's GF Value™ is ₪4.70, compared to a current price of ₪4.63 — trading 1.6% below its estimated fair value. The current Cash Conversion Cycle is 261.32 and 580.3% above the Business Services industry median of 38.41. Thirdeye Systems' overall GF Score™ is 55/100 with 7 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 Thirdeye Systems (XTAE:THES), the current Cash Conversion Cycle is 261.32 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 Thirdeye Systems (XTAE:THES) Overvalued in 2026?

Based on GuruFocus' analysis, Thirdeye Systems stock appears to be undervalued. The current stock price of ₪4.63 is trading 1.6% below its estimated GF Value™ of ₪4.70. GuruFocus considers Thirdeye Systems to be Fairly Valued.

Key valuation signals for XTAE:THES:

  • Cash Conversion Cycle: 261.32
  • GF Value™: ₪4.70 vs. price of ₪4.63 (1.6% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 580.3% above the Business Services median

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


Thirdeye Systems Business Description

Address 12 Beni Gaon Street, Netanya, ISR
Thirdeye Systems Ltd is involved in the manufacturing and marketing of electro-optical object recognition systems for skimmers and vehicles. The product portfolio of the company includes Chimera, Meduza, Tesseract, aEYE, and Goir among others.
55GF Score

Get the complete analysis for XTAE:THES

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

₪4.63
Price
₪4.70
GF Value