BSM (Black Stone Minerals LP) Cash Conversion Cycle: -9.75 (As of Mar. 2026)


BSM Black Stone Minerals LP BSM
78 GF Score
Price $14.07
GF Value $13.87
Valuation Fairly Valued
! 6 Warning Signs
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What is Black Stone Minerals LP Cash Conversion Cycle?

Black Stone Minerals LP BSM -0.25% 78 Cash Conversion Cycle is -9.75 as of Mar. 2026. GuruFocus rates BSM with a GF Score™ of 78/100 and a GF Value™ of $13.87 (Fairly Valued). The stock has 6 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.

Black Stone Minerals LP's Days Sales Outstanding for the three months ended in Mar. 2026 was 2.45.
Black Stone Minerals LP's Days Inventory for the three months ended in Mar. 2026 was 0.
Black Stone Minerals LP's Days Payable for the three months ended in Mar. 2026 was 12.2.
Therefore, Black Stone Minerals LP's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -9.75.


Black Stone Minerals LP  (NYSE:BSM) 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.


Black Stone Minerals LP Cash Conversion Cycle Related Terms


Black Stone Minerals LP Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Black Stone Minerals LP'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.

Black Stone Minerals LP Cash Conversion Cycle Chart

Black Stone Minerals LP 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 40.78 33.32 54.39 12.55 -15.60

Black Stone Minerals LP 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 -19.98 -21.46 -13.78 -8.72 -9.75

BSM vs GPOR, BKV, CRGY: Cash Conversion Cycle Comparison

For the Oil & Gas E&P subindustry, Black Stone Minerals LP'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.


Black Stone Minerals LP Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Black Stone Minerals LP's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Black Stone Minerals LP's Cash Conversion Cycle falls into.


BSM
78GF Score
Black Stone Minerals LP BSM
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Stone Minerals LP 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.

Black Stone Minerals LP'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
=3+0-18.6
=-15.60

Black Stone Minerals LP'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
=2.45+0-12.2
=-9.75

* 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 -9.75 mean?
Black Stone Minerals LP (BSM) has a Cash Conversion Cycle of -9.75 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Black Stone Minerals LP and its competitors.
Is Black Stone Minerals LP's Cash Conversion Cycle too high?
Black Stone Minerals LP's current Cash Conversion Cycle is -9.75. Overall, Black Stone Minerals LP has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Black Stone Minerals LP's Cash Conversion Cycle compare to GPOR and BKV?
Black Stone Minerals LP's Cash Conversion Cycle of -9.75 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.37. 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.37, based on 920 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 Black Stone Minerals LP and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Stone Minerals LP's current Cash Conversion Cycle is -9.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Stone Minerals LP stock overvalued right now?
Based on GuruFocus' analysis, Black Stone Minerals LP (BSM) is currently considered Fairly Valued. The stock's GF Value™ is $13.87, compared to a current price of $14.07 — trading 1.4% above its estimated fair value. The current Cash Conversion Cycle is -9.75. Black Stone Minerals LP's overall GF Score™ is 78/100 with 6 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 Black Stone Minerals LP (BSM), the current Cash Conversion Cycle is -9.75 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 Black Stone Minerals LP (BSM) Overvalued in 2026?

Based on GuruFocus' analysis, Black Stone Minerals LP stock appears to be overvalued. The current stock price of $14.07 is trading 1.4% above its estimated GF Value™ of $13.87. GuruFocus considers Black Stone Minerals LP to be Fairly Valued.

Key valuation signals for BSM:

  • Cash Conversion Cycle: -9.75
  • GF Value™: $13.87 vs. price of $14.07 (1.4% above fair value)
  • GF Score™: 78/100 with 6 warning signs

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


Black Stone Minerals LP Business Description

Industry EnergyOil & Gas
Address 1001 Fannin Street, Suite 2020, Houston, TX, USA, 77002
Black Stone Minerals LP is an oil and natural gas mineral company. It owns oil and natural gas mineral interests, which makes up the majority of its asset base. Its business is actively managing an existing portfolio of mineral and royalty assets to maximize its value and expanding asset base through acquisitions of additional mineral and royalty interests. The company owns mineral interests in approximately 16.9 million gross acres.
78GF Score

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

$14.07
Price
$13.87
GF Value