Dyno Nobel's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 72.9.
Dyno Nobel's Days Inventory for the
six
months ended in Mar. 2026 was 140.05.
Dyno Nobel's Days Payable for the
six
months ended in Mar. 2026 was 200.42.
Therefore, Dyno Nobel's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 12.53.
Dyno Nobel (ASX:DNL) 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.
Dyno Nobel Cash Conversion Cycle Related Terms
Dyno Nobel Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Dyno Nobel'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.
ASX:DNL vs LIN, SHW, ECL: Cash Conversion Cycle Comparison
For the Specialty Chemicals subindustry, Dyno Nobel'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.
Dyno Nobel Cash Conversion Cycle vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Dyno Nobel's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Dyno Nobel'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.
Dyno Nobel's Cash Conversion Cycle for the fiscal year that ended in Sep. 2025 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.
Dyno Nobel (ASX:DNL) has a Cash Conversion Cycle of 12.53 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Dyno Nobel and its competitors.
Is Dyno Nobel's Cash Conversion Cycle too high?
Dyno Nobel's current Cash Conversion Cycle is 12.53. The Chemicals industry median Cash Conversion Cycle is 89.27. Dyno Nobel's value of 12.53 is 86% below this industry median. Overall, Dyno Nobel has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dyno Nobel's Cash Conversion Cycle compare to LIN and SHW?
Dyno Nobel's Cash Conversion Cycle of 12.53 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.27. Dyno Nobel's value of 12.53 is 86% below 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.27, based on 1,580 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. Dyno Nobel's current Cash Conversion Cycle of 12.53 is 86% below 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 Dyno Nobel and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dyno Nobel's current Cash Conversion Cycle is 12.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dyno Nobel stock overvalued right now?
Based on GuruFocus' analysis, Dyno Nobel (ASX:DNL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.22, compared to a current price of A$3.93 — trading 77% above its estimated fair value. The current Cash Conversion Cycle is 12.53 and 86% below the Chemicals industry median of 89.27. Dyno Nobel's overall GF Score™ is 61/100 with 8 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 Dyno Nobel (ASX:DNL), the current Cash Conversion Cycle is 12.53 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 Dyno Nobel (ASX:DNL) Overvalued in 2026?
Based on GuruFocus' analysis, Dyno Nobel stock appears to be overvalued.
The current stock price of A$3.93 is trading 77% above its estimated GF Value™ of A$2.22.
GuruFocus considers Dyno Nobel to be Significantly Overvalued.
Key valuation signals for ASX:DNL:
Cash Conversion Cycle: 12.53
GF Value™: A$2.22 vs. price of A$3.93 (77% above fair value)
No single metric tells the full story. See the ASX:DNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dyno Nobel is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives traditionally contributed around 80% of EBIT, but with the sale of the fertilizers business, this moves to 100%.
61GF Score
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