Nickel Industries (ASX:NIC) Cash Conversion Cycle: 53.93 (As of Dec. 2025)


ASX:NIC Nickel Industries Ltd ASX:NIC
65 GF Score
Price A$0.95
GF Value A$0.74
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Nickel Industries Cash Conversion Cycle?

Nickel Industries ASX:NIC +4.40% 65 Cash Conversion Cycle is 53.93 as of Dec. 2025. GuruFocus rates ASX:NIC with a GF Score™ of 65/100 and a GF Value™ of A$0.74 (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.

Nickel Industries's Days Sales Outstanding for the six months ended in Dec. 2025 was 50.29.
Nickel Industries's Days Inventory for the six months ended in Dec. 2025 was 52.31.
Nickel Industries's Days Payable for the six months ended in Dec. 2025 was 48.67.
Therefore, Nickel Industries's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 53.93.


Nickel Industries  (ASX:NIC) 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.


Nickel Industries Cash Conversion Cycle Related Terms


Nickel Industries Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Nickel Industries'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.

Nickel Industries Cash Conversion Cycle Chart

Nickel Industries Annual Data
Trend Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 85.87 55.36 51.73 49.58 41.03

Nickel Industries Semi-Annual Data
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 70.19 63.57 44.28 51.91 53.93

Nickel Industries Cash Conversion Cycle Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.


Nickel Industries Cash Conversion Cycle vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Cash Conversion Cycle distribution charts can be found below:

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


ASX:NIC
65GF Score
Nickel Industries Ltd ASX:NIC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Industries 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.

Nickel Industries'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
=46.45+49.48-54.9
=41.03

Nickel Industries'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
=50.29+52.31-48.67
=53.93

* 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 53.93 mean?
Nickel Industries (ASX:NIC) has a Cash Conversion Cycle of 53.93 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nickel Industries and its competitors.
Is Nickel Industries' Cash Conversion Cycle too high?
Nickel Industries' current Cash Conversion Cycle is 53.93. The Metals & Mining industry median Cash Conversion Cycle is 14.45. Nickel Industries' value of 53.93 is 273.2% above this industry median. Overall, Nickel Industries has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Cash Conversion Cycle compare to competitors?
Nickel Industries' Cash Conversion Cycle of 53.93 can be compared against companies in the Metals & Mining industry. The industry median Cash Conversion Cycle is 14.45. Nickel Industries' value of 53.93 is 273.2% 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 Metals & Mining company?
The median Cash Conversion Cycle among Metals & Mining companies is 14.45, based on 1,164 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. Nickel Industries's current Cash Conversion Cycle of 53.93 is 273.2% 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 Nickel Industries and its competitors. For the Metals & Mining industry, the median Cash Conversion Cycle is 14.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Industries's current Cash Conversion Cycle is 53.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Industries stock overvalued right now?
Based on GuruFocus' analysis, Nickel Industries (ASX:NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.74, compared to a current price of A$0.95 — trading 28.4% above its estimated fair value. The current Cash Conversion Cycle is 53.93 and 273.2% above the Metals & Mining industry median of 14.45. Nickel Industries' overall GF Score™ is 65/100 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 Nickel Industries (ASX:NIC), the current Cash Conversion Cycle is 53.93 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 Nickel Industries (ASX:NIC) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Industries stock appears to be overvalued. The current stock price of A$0.95 is trading 28.4% above its estimated GF Value™ of A$0.74. GuruFocus considers Nickel Industries to be Modestly Overvalued.

Key valuation signals for ASX:NIC:

  • Cash Conversion Cycle: 53.93
  • GF Value™: A$0.74 vs. price of A$0.95 (28.4% above fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 273.2% above the Metals & Mining median

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


Nickel Industries Business Description

Other Exchanges NICMF:USANM5:Germany
Address 66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.
65GF Score

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

A$0.95
Price
A$0.74
GF Value