CMC Markets's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 125.14.
CMC Markets's Days Inventory for the
six
months ended in Mar. 2026 was 0.
CMC Markets's Days Payable for the
six
months ended in Mar. 2026 was 662.83.
Therefore, CMC Markets's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was -537.69.
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.
CMC Markets Cash Conversion Cycle Related Terms
CMC Markets Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for CMC Markets'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.
CCMMF vs MS, GS, SCHW: Cash Conversion Cycle Comparison
For the Capital Markets subindustry, CMC Markets'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.
CMC Markets Cash Conversion Cycle vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CMC Markets's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where CMC Markets'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.
CMC Markets's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
What does a Cash Conversion Cycle of -537.69 mean?
CMC Markets (CCMMF) has a Cash Conversion Cycle of -537.69 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on CMC Markets and its competitors.
Is CMC Markets' Cash Conversion Cycle too high?
CMC Markets' current Cash Conversion Cycle is -537.69. Overall, CMC Markets has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does CMC Markets' Cash Conversion Cycle compare to MS and GS?
CMC Markets' Cash Conversion Cycle of -537.69 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 CMC Markets 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. CMC Markets's current Cash Conversion Cycle is -537.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Markets stock overvalued right now?
CMC Markets (CCMMF) has a current Cash Conversion Cycle of -537.69. The stock's GF Value™ is $1.56, compared to a current price of $2.50 — trading 60.3% above its estimated fair value. The current Cash Conversion Cycle is -537.69. CMC Markets' overall GF Score™ is 76/100 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 CMC Markets (CCMMF), the current Cash Conversion Cycle is -537.69 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 CMC Markets (CCMMF) Overvalued in 2026?
Based on GuruFocus' analysis, CMC Markets stock appears to be overvalued.
The current stock price of $2.50 is trading 60.3% above its estimated GF Value™ of $1.56.
Key valuation signals for CCMMF:
Cash Conversion Cycle: -537.69
GF Value™: $1.56 vs. price of $2.50 (60.3% above fair value)
No single metric tells the full story. See the CCMMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMC Markets PLC is a United Kingdom-based company that provides an online platform for trading and investing, with a comprehensive retail, professional, and institutional offering. The Group's business consists of two segments, Trading and Investing. The majority of its revenue is generated from the Trading segment, whose core business involves online trading, enabling clients to trade a broad array of financial instruments for short-term investment and hedging purposes. Additionally, the trading segment includes the Treasury Management and Capital Markets Division that invests surplus liquidity to enhance yield. The Investing segment supports clients longer-term investment goals. The group offers online stockbroking services in Australia, the UK, the USA, and Singapore.
76GF Score
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