Sunbelt Rentals Holdings's Days Sales Outstanding for the
three
months ended in Apr. 2026 was 55.53.
Sunbelt Rentals Holdings's Days Inventory for the
three
months ended in Apr. 2026 was 8.71.
Sunbelt Rentals Holdings's Days Payable for the
three
months ended in Apr. 2026 was 21.96.
Therefore, Sunbelt Rentals Holdings's Cash Conversion Cycle (CCC) for the
three
months ended in Apr. 2026 was 42.28.
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.
Sunbelt Rentals Holdings Cash Conversion Cycle Related Terms
Sunbelt Rentals Holdings Cash Conversion Cycle Historical Data
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The historical data trend for Sunbelt Rentals Holdings'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.
ASHGY vs AER, UHAL, R: Cash Conversion Cycle Comparison
For the Rental & Leasing Services subindustry, Sunbelt Rentals Holdings'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.
Sunbelt Rentals Holdings Cash Conversion Cycle vs Business Services Industry
For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Sunbelt Rentals Holdings'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.
Sunbelt Rentals Holdings's Cash Conversion Cycle for the fiscal year that ended in Apr. 2026 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.
Sunbelt Rentals Holdings (ASHGY) has a Cash Conversion Cycle of 42.28 as of Apr. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Sunbelt Rentals Holdings and its competitors.
Is Sunbelt Rentals Holdings' Cash Conversion Cycle too high?
Sunbelt Rentals Holdings' current Cash Conversion Cycle is 42.28. The Business Services industry median Cash Conversion Cycle is 38.74. Sunbelt Rentals Holdings' value of 42.28 is 9.1% above this industry median. Overall, Sunbelt Rentals Holdings has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Sunbelt Rentals Holdings' Cash Conversion Cycle compare to AER and UHAL?
Sunbelt Rentals Holdings' Cash Conversion Cycle of 42.28 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.74. Sunbelt Rentals Holdings' value of 42.28 is 9.1% 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 38.74, 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. Sunbelt Rentals Holdings's current Cash Conversion Cycle of 42.28 is 9.1% 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 Sunbelt Rentals Holdings and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunbelt Rentals Holdings's current Cash Conversion Cycle is 42.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunbelt Rentals Holdings stock overvalued right now?
Sunbelt Rentals Holdings (ASHGY) has a current Cash Conversion Cycle of 42.28. The current Cash Conversion Cycle is 42.28 and 9.1% above the Business Services industry median of 38.74. Sunbelt Rentals Holdings' overall GF Score™ is 49/100 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 Sunbelt Rentals Holdings (ASHGY), the current Cash Conversion Cycle is 42.28 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.
Sunbelt Rentals (formerly UK-based Ashtead Group) is the number two equipment rental company in the US (11% market share), with a smaller presence in Canada and the UK. Sunbelt operates a rental fleet of just over $15 billion across a network of 1,200 stores in the US, nearly CAD 2 billion of fleet and 135 stores in Canada, and GBP 1.1 billion and 190 stores in the UK. The company has experienced rapid growth over the past decade as its customers increasingly turn to rental versus owning equipment outright. The general tool business has been augmented by the Specialty Rental business, which has grown to 30% of the mix. Revenue is now greater than 50% nonconstruction, with the remainder focused more directly on commercial construction.
49GF Score
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