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Azzas 2154's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 93.69.
Azzas 2154's Days Inventory for the
three
months ended in Mar. 2026 was 175.04.
Azzas 2154's Days Payable for the
three
months ended in Mar. 2026 was 128.5.
Therefore, Azzas 2154's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 140.23.
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.
Azzas 2154 Cash Conversion Cycle Related Terms
Azzas 2154 Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Azzas 2154'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.
BSP:AZZA3 vs NKE, DECK, ONON: Cash Conversion Cycle Comparison
For the Footwear & Accessories subindustry, Azzas 2154'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.
Azzas 2154 Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Azzas 2154's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Azzas 2154'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.
Azzas 2154'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.
Azzas 2154 (BSP:AZZA3) has a Cash Conversion Cycle of 140.23 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Azzas 2154 and its competitors.
Is Azzas 2154's Cash Conversion Cycle too high?
Azzas 2154's current Cash Conversion Cycle is 140.23. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.38. Azzas 2154's value of 140.23 is 12.7% above this industry median. Overall, Azzas 2154 has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Azzas 2154's Cash Conversion Cycle compare to NKE and DECK?
Azzas 2154's Cash Conversion Cycle of 140.23 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.38. Azzas 2154's value of 140.23 is 12.7% 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.38, based on 1,037 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. Azzas 2154's current Cash Conversion Cycle of 140.23 is 12.7% 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 Azzas 2154 and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azzas 2154's current Cash Conversion Cycle is 140.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azzas 2154 stock overvalued right now?
Based on GuruFocus' analysis, Azzas 2154 (BSP:AZZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$50.96, compared to a current price of R$18.59 — trading 63.5% below its estimated fair value. The current Cash Conversion Cycle is 140.23 and 12.7% above the Manufacturing - Apparel & Accessories industry median of 124.38. Azzas 2154's overall GF Score™ is 79/100 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 Azzas 2154 (BSP:AZZA3), the current Cash Conversion Cycle is 140.23 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 Azzas 2154 (BSP:AZZA3) Overvalued in 2026?
Based on GuruFocus' analysis, Azzas 2154 stock appears to be undervalued.
The current stock price of R$18.59 is trading 63.5% below its estimated GF Value™ of R$50.96.
GuruFocus considers Azzas 2154 to be Possible Value Trap.
Key valuation signals for BSP:AZZA3:
Cash Conversion Cycle: 140.23
GF Value™: R$50.96 vs. price of R$18.59 (63.5% below fair value)
Industry Position: 12.7% above the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the BSP:AZZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azzas 2154 SA, along with its subsidiaries, is engaged in the manufacturing, development, modeling and retail and wholesale trade of footwear, handbags, accessories and clothing for the women's, men's and democratic markets, particularly the women's market. The company also operates an online sales channel that makes available products of the brands Arezzo, Schutz, Anacapri, Alexandre Birman, Vans, Vicenza, Farm Rio, Animale, NV, Cris Barros, Maria Filó, Carol Bassi, Fábula, Off Premium, Reserva, Oficina, Foxton, Reserva Mini, Reserva Go, Reserva Ink, Hering, Hering Kids, Hering Sports, Hering Shoes and Hering Intimates. The majority of the company's revenue is derived from the sales of its products.
79GF Score
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