The Lottery (ASX:TLC) Cash Conversion Cycle: 4.92 (As of Dec. 2025)


ASX:TLC The Lottery Corp Ltd ASX:TLC
65 GF Score
Price A$5.63
GF Value A$5.23
Valuation Fairly Valued
! 4 Warning Signs
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What is The Lottery Cash Conversion Cycle?

The Lottery ASX:TLC +1.08% 65 Cash Conversion Cycle is 4.92 as of Dec. 2025. GuruFocus rates ASX:TLC with a GF Score™ of 65/100 and a GF Value™ of A$5.23 (Fairly Valued). The stock has 4 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.

The Lottery's Days Sales Outstanding for the six months ended in Dec. 2025 was 4.92.
The Lottery's Days Inventory for the six months ended in Dec. 2025 was .
The Lottery's Days Payable for the six months ended in Dec. 2025 was .
Therefore, The Lottery's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 4.92.


The Lottery  (ASX:TLC) 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.


The Lottery Cash Conversion Cycle Related Terms


The Lottery Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for The Lottery'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.

The Lottery Cash Conversion Cycle Chart

The Lottery Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
2.62 1.47 0.89 1.66

The Lottery Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 5.83 5.71 2.51 2.49 4.92

ASX:TLC vs FLUT, DKNG, LNWO: Cash Conversion Cycle Comparison

For the Gambling subindustry, The Lottery'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.


The Lottery Cash Conversion Cycle vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Cash Conversion Cycle distribution charts can be found below:

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


ASX:TLC
65GF Score
The Lottery Corp Ltd ASX:TLC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Lottery 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.

The Lottery's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=1.66+-
=1.66

The Lottery'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
=4.92+-
=4.92

* 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 4.92 mean?
The Lottery (ASX:TLC) has a Cash Conversion Cycle of 4.92 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on The Lottery and its competitors.
Is The Lottery's Cash Conversion Cycle too high?
The Lottery's current Cash Conversion Cycle is 4.92. The Travel & Leisure industry median Cash Conversion Cycle is 10.23. The Lottery's value of 4.92 is 51.9% below this industry median. Overall, The Lottery has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Lottery's Cash Conversion Cycle compare to FLUT and DKNG?
The Lottery's Cash Conversion Cycle of 4.92 can be compared against companies in the Travel & Leisure industry. The industry median Cash Conversion Cycle is 10.23. The Lottery's value of 4.92 is 51.9% 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 Travel & Leisure company?
The median Cash Conversion Cycle among Travel & Leisure companies is 10.23, based on 841 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. The Lottery's current Cash Conversion Cycle of 4.92 is 51.9% 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 The Lottery and its competitors. For the Travel & Leisure industry, the median Cash Conversion Cycle is 10.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Lottery's current Cash Conversion Cycle is 4.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lottery stock overvalued right now?
Based on GuruFocus' analysis, The Lottery (ASX:TLC) is currently considered Fairly Valued. The stock's GF Value™ is A$5.23, compared to a current price of A$5.63 — trading 7.6% above its estimated fair value. The current Cash Conversion Cycle is 4.92 and 51.9% below the Travel & Leisure industry median of 10.23. The Lottery's overall GF Score™ is 65/100 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 The Lottery (ASX:TLC), the current Cash Conversion Cycle is 4.92 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 The Lottery (ASX:TLC) Overvalued in 2026?

Based on GuruFocus' analysis, The Lottery stock appears to be overvalued. The current stock price of A$5.63 is trading 7.6% above its estimated GF Value™ of A$5.23. GuruFocus considers The Lottery to be Fairly Valued.

Key valuation signals for ASX:TLC:

  • Cash Conversion Cycle: 4.92
  • GF Value™: A$5.23 vs. price of A$5.63 (7.6% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 51.9% below the Travel & Leisure median

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


The Lottery Business Description

Address 180 Ann Street, Level 8, Brisbane, QLD, AUS, 4000
The Lottery Corporation is Australia's largest provider of lottery, keno, and instant-scratch products, with long-dated and/or exclusive licenses for the lottery in all Australian states and territories except Western Australia, and in most states and territories for keno. Lottery Corp has a distribution network of more than 3,800 franchised retailers that sell instant-scratch and lottery products through vendors such as newsstands, gas stations, pharmacies, and convenience stores, as well as online sales. Keno is sold in over 3,400 bars and clubs.
65GF Score

Get the complete analysis for ASX:TLC

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

A$5.63
Price
A$5.23
GF Value