Badger Meter's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 50.22.
Badger Meter's Days Inventory for the
three
months ended in Mar. 2026 was 126.54.
Badger Meter's Days Payable for the
three
months ended in Mar. 2026 was 69.16.
Therefore, Badger Meter's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 107.60.
Badger Meter (NYSE:BMI) 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.
Badger Meter Cash Conversion Cycle Related Terms
Badger Meter Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Badger Meter'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.
BMI vs VNT, ITRI, NOVT: Cash Conversion Cycle Comparison
For the Scientific & Technical Instruments subindustry, Badger Meter'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.
Badger Meter Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Badger Meter'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.
Badger Meter's Cash Conversion Cycle for the fiscal year that ended in Dec. 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.
Badger Meter (BMI) has a Cash Conversion Cycle of 107.60 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Badger Meter and its competitors.
Is Badger Meter's Cash Conversion Cycle too high?
Badger Meter's current Cash Conversion Cycle is 107.60. The Hardware industry median Cash Conversion Cycle is 98.94. Badger Meter's value of 107.60 is 8.8% above this industry median. Overall, Badger Meter has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Badger Meter's Cash Conversion Cycle compare to VNT and ITRI?
Badger Meter's Cash Conversion Cycle of 107.60 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.94. Badger Meter's value of 107.60 is 8.8% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.94, based on 2,478 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. Badger Meter's current Cash Conversion Cycle of 107.60 is 8.8% 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 Badger Meter and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current Cash Conversion Cycle is 107.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Meter stock overvalued right now?
Based on GuruFocus' analysis, Badger Meter (BMI) is currently considered Significantly Undervalued. The stock's GF Value™ is $216.40, compared to a current price of $140.88 — trading 34.9% below its estimated fair value. The current Cash Conversion Cycle is 107.60 and 8.8% above the Hardware industry median of 98.94. Badger Meter's overall GF Score™ is 78/100 with 1 warning sign 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 Badger Meter (BMI), the current Cash Conversion Cycle is 107.60 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 Badger Meter (BMI) Overvalued in 2026?
Based on GuruFocus' analysis, Badger Meter stock appears to be undervalued.
The current stock price of $140.88 is trading 34.9% below its estimated GF Value™ of $216.40.
GuruFocus considers Badger Meter to be Significantly Undervalued.
Key valuation signals for BMI:
Cash Conversion Cycle: 107.60
GF Value™: $216.40 vs. price of $140.88 (34.9% below fair value)
No single metric tells the full story. See the BMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Badger Meter is a provider of water management solutions. The company's solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.
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