EQIX (Equinix) Cash Conversion Cycle: -16.33 (As of Mar. 2026)


EQIX Equinix Inc EQIX
91 GF Score
Price $1,087.61
GF Value $914.08
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Equinix Cash Conversion Cycle?

Equinix EQIX -0.67% 91 Cash Conversion Cycle is -16.33 as of Mar. 2026. GuruFocus rates EQIX with a GF Score™ of 91/100 and a GF Value™ of $914.08 (Modestly Overvalued). The stock has 10 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.

Equinix's Days Sales Outstanding for the three months ended in Mar. 2026 was 39.37.
Equinix's Days Inventory for the three months ended in Mar. 2026 was 0.
Equinix's Days Payable for the three months ended in Mar. 2026 was 55.7.
Therefore, Equinix's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -16.33.


Equinix  (NAS:EQIX) 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.


Equinix Cash Conversion Cycle Related Terms


Equinix Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Equinix'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.

Equinix Cash Conversion Cycle Chart

Equinix 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 28.86 28.90 29.44 28.69 28.08

Equinix Quarterly Data
Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only -10.32 -52.54 -54.46 -12.95 -16.33

EQIX vs AMT, DLR, CCI: Cash Conversion Cycle Comparison

For the REIT - Specialty subindustry, Equinix'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.


Equinix Cash Conversion Cycle vs REITs Industry

For the REITs industry and Real Estate sector, Equinix's Cash Conversion Cycle distribution charts can be found below:

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


EQIX
91GF Score
Equinix Inc EQIX
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Equinix 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.

Equinix'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
=38.61+0-10.53
=28.08

Equinix'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
=39.37+0-55.7
=-16.33

* 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 -16.33 mean?
Equinix (EQIX) has a Cash Conversion Cycle of -16.33 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Equinix and its competitors.
Is Equinix's Cash Conversion Cycle too high?
Equinix's current Cash Conversion Cycle is -16.33. Overall, Equinix has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equinix's Cash Conversion Cycle compare to AMT and DLR?
Equinix's Cash Conversion Cycle of -16.33 can be compared against companies in the REITs industry. 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 REITs company?
A good Cash Conversion Cycle depends on the REITs industry context. 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 Equinix and its competitors. Equinix's current Cash Conversion Cycle is -16.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equinix stock overvalued right now?
Based on GuruFocus' analysis, Equinix (EQIX) is currently considered Modestly Overvalued. The stock's GF Value™ is $914.08, compared to a current price of $1,087.61 — trading 19% above its estimated fair value. The current Cash Conversion Cycle is -16.33. Equinix's overall GF Score™ is 91/100 with 10 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 Equinix (EQIX), the current Cash Conversion Cycle is -16.33 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 Equinix (EQIX) Overvalued in 2026?

Based on GuruFocus' analysis, Equinix stock appears to be overvalued. The current stock price of $1,087.61 is trading 19% above its estimated GF Value™ of $914.08. GuruFocus considers Equinix to be Modestly Overvalued.

Key valuation signals for EQIX:

  • Cash Conversion Cycle: -16.33
  • GF Value™: $914.08 vs. price of $1,087.61 (19% above fair value)
  • GF Score™: 91/100 with 10 warning signs

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


Equinix Business Description

Industry Real EstateREITs
Address One Lagoon Drive, Redwood City, CA, USA, 94065
Equinix is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and businesses. Equinix operates 270 properties in 77 metropolitan areas across 36 countries, serving over 10,000 customers. About 70% of Equinix's revenue comes from renting physical space, which allows hyperscalers and other clients to store servers, data storage, and networking equipment. The other 30% of revenue is generated primarily through interconnection services (20%) and other managed services (10%).
91GF Score

Get the complete analysis for EQIX

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

$1,087.61
Price
$914.08
GF Value