Sao Martinho (BSP:SMTO3) Cash Conversion Cycle: 110.86 (As of Mar. 2026)

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BSP:SMTO3 Sao Martinho SA BSP:SMTO3
83 GF Score
Price R$16.12
GF Value R$25.49
Valuation Possible Value Trap
! 8 Warning Signs
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What is Sao Martinho Cash Conversion Cycle?

Sao Martinho BSP:SMTO3 -1.53% 83 Cash Conversion Cycle is 110.86 as of Mar. 2026. GuruFocus rates BSP:SMTO3 with a GF Score™ of 83/100 and a GF Value™ of R$25.49 (Possible Value Trap). The stock has 8 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.

Sao Martinho's Days Sales Outstanding for the three months ended in Mar. 2026 was 15.9.
Sao Martinho's Days Inventory for the three months ended in Mar. 2026 was 129.3.
Sao Martinho's Days Payable for the three months ended in Mar. 2026 was 34.34.
Therefore, Sao Martinho's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 110.86.


Sao Martinho  (BSP:SMTO3) 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.


Sao Martinho Cash Conversion Cycle Related Terms


Sao Martinho Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Sao Martinho'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.

Sao Martinho Cash Conversion Cycle Chart

Sao Martinho Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.12 123.54 125.43 131.61 113.42

Sao Martinho 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 162.71 125.95 178.72 221.92 110.86

BSP:SMTO3 vs LIN, SHW, ECL: Cash Conversion Cycle Comparison

For the Specialty Chemicals subindustry, Sao Martinho'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.


Sao Martinho Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sao Martinho's Cash Conversion Cycle distribution charts can be found below:

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


BSP:SMTO3
83GF Score
Sao Martinho SA BSP:SMTO3
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sao Martinho 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.

Sao Martinho's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=20.72+126.28-33.58
=113.42

Sao Martinho'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
=15.9+129.3-34.34
=110.86

* 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 110.86 mean?
Sao Martinho (BSP:SMTO3) has a Cash Conversion Cycle of 110.86 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Sao Martinho and its competitors.
Is Sao Martinho's Cash Conversion Cycle too high?
Sao Martinho's current Cash Conversion Cycle is 110.86. The Chemicals industry median Cash Conversion Cycle is 89.36. Sao Martinho's value of 110.86 is 24.1% above this industry median. Overall, Sao Martinho has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sao Martinho's Cash Conversion Cycle compare to LIN and SHW?
Sao Martinho's Cash Conversion Cycle of 110.86 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.36. Sao Martinho's value of 110.86 is 24.1% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.36, based on 1,579 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. Sao Martinho's current Cash Conversion Cycle of 110.86 is 24.1% 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 Sao Martinho and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Martinho's current Cash Conversion Cycle is 110.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Possible Value Trap. The stock's GF Value™ is R$25.49, compared to a current price of R$16.12 — trading 36.8% below its estimated fair value. The current Cash Conversion Cycle is 110.86 and 24.1% above the Chemicals industry median of 89.36. Sao Martinho's overall GF Score™ is 83/100 with 8 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 Sao Martinho (BSP:SMTO3), the current Cash Conversion Cycle is 110.86 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 Sao Martinho (BSP:SMTO3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued. The current stock price of R$16.12 is trading 36.8% below its estimated GF Value™ of R$25.49. GuruFocus considers Sao Martinho to be Possible Value Trap.

Key valuation signals for BSP:SMTO3:

  • Cash Conversion Cycle: 110.86
  • GF Value™: R$25.49 vs. price of R$16.12 (36.8% below fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 24.1% above the Chemicals median

No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sao Martinho Business Description

Address Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
83GF Score

Get the complete analysis for BSP:SMTO3

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

R$16.12
Price
R$25.49
GF Value