Bursa De Valori Bucuresti (BSE:BVB) Cash Conversion Cycle: -161.84 (As of Mar. 2026)


BSE:BVB Bursa De Valori Bucuresti SA BSE:BVB
100 GF Score
Price lei58.60
GF Value lei48.62
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Bursa De Valori Bucuresti Cash Conversion Cycle?

Bursa De Valori Bucuresti BSE:BVB +2.45% 100 Cash Conversion Cycle is -161.84 as of Mar. 2026. GuruFocus rates BSE:BVB with a GF Score™ of 100/100 and a GF Value™ of lei48.62 (Modestly Overvalued). 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.

Bursa De Valori Bucuresti's Days Sales Outstanding for the three months ended in Mar. 2026 was 33.09.
Bursa De Valori Bucuresti's Days Inventory for the three months ended in Mar. 2026 was 0.
Bursa De Valori Bucuresti's Days Payable for the three months ended in Mar. 2026 was 194.93.
Therefore, Bursa De Valori Bucuresti's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -161.84.


Bursa De Valori Bucuresti  (BSE:BVB) 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.


Bursa De Valori Bucuresti Cash Conversion Cycle Related Terms


Bursa De Valori Bucuresti Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Bursa De Valori Bucuresti'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.

Bursa De Valori Bucuresti Cash Conversion Cycle Chart

Bursa De Valori Bucuresti Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.82 -56.28 -35.81 -0.82 8.45

Bursa De Valori Bucuresti Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only -114.87 -287.85 -277.80 -109.20 -161.84

BSE:BVB vs SPGI, CME, MCO: Cash Conversion Cycle Comparison

For the Financial Data & Stock Exchanges subindustry, Bursa De Valori Bucuresti'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.


Bursa De Valori Bucuresti Cash Conversion Cycle vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bursa De Valori Bucuresti's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bursa De Valori Bucuresti's Cash Conversion Cycle falls into.


BSE:BVB
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Bursa De Valori Bucuresti SA BSE:BVB
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Bursa De Valori Bucuresti 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.

Bursa De Valori Bucuresti'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
=36.87+0-28.42
=8.45

Bursa De Valori Bucuresti's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=33.09+0-194.93
=-161.84

* 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 -161.84 mean?
Bursa De Valori Bucuresti (BSE:BVB) has a Cash Conversion Cycle of -161.84 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bursa De Valori Bucuresti and its competitors.
Is Bursa De Valori Bucuresti's Cash Conversion Cycle too high?
Bursa De Valori Bucuresti's current Cash Conversion Cycle is -161.84. Overall, Bursa De Valori Bucuresti has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bursa De Valori Bucuresti's Cash Conversion Cycle compare to SPGI and CME?
Bursa De Valori Bucuresti's Cash Conversion Cycle of -161.84 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.64. 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 1.64, based on 640 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. 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 Bursa De Valori Bucuresti and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bursa De Valori Bucuresti's current Cash Conversion Cycle is -161.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa De Valori Bucuresti stock overvalued right now?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti (BSE:BVB) is currently considered Modestly Overvalued. The stock's GF Value™ is lei48.62, compared to a current price of lei58.60 — trading 20.5% above its estimated fair value. The current Cash Conversion Cycle is -161.84. Bursa De Valori Bucuresti's overall GF Score™ is 100/100 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 Bursa De Valori Bucuresti (BSE:BVB), the current Cash Conversion Cycle is -161.84 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 Bursa De Valori Bucuresti (BSE:BVB) Overvalued in 2026?

Based on GuruFocus' analysis, Bursa De Valori Bucuresti stock appears to be overvalued. The current stock price of lei58.60 is trading 20.5% above its estimated GF Value™ of lei48.62. GuruFocus considers Bursa De Valori Bucuresti to be Modestly Overvalued.

Key valuation signals for BSE:BVB:

  • Cash Conversion Cycle: -161.84
  • GF Value™: lei48.62 vs. price of lei58.60 (20.5% above fair value)
  • GF Score™: 100/100 with 4 warning signs

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


Bursa De Valori Bucuresti Business Description

Other Exchanges N0N:Germany
Address 4-8 Nicolae Titulescu Avenue, 1st Floor, East Wing, America House Building, District 1, Bucharest, ROU, 011141
Bursa De Valori Bucuresti SA is engaged in the management and operation of financial markets. The company operates through four business segments, including Capital Markets, Post-trading Services, Registry Services, and CCP.RO Services. The Capital Markets segment involves trading in securities and financial instruments on regulated markets. Post-trading Services include services provided after the completion of transactions until funds are received and securities are transferred to portfolios. Registry Services involve maintaining and updating shareholder registers for listed companies. CCP.RO Services relate to the implementation and operation of central counterparty activities. The majority of the company's revenue is generated from Capital Markets trading services.
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