Air France-KLM's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 31.38.
Air France-KLM's Days Inventory for the
three
months ended in Mar. 2026 was 15.42.
Air France-KLM's Days Payable for the
three
months ended in Mar. 2026 was 43.5.
Therefore, Air France-KLM's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 3.30.
Air France-KLM (CHIX:AFp) 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.
Air France-KLM Cash Conversion Cycle Related Terms
Air France-KLM Cash Conversion Cycle Historical Data
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The historical data trend for Air France-KLM'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.
CHIX:AFP vs DAL, UAL, LUV: Cash Conversion Cycle Comparison
For the Airlines subindustry, Air France-KLM'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.
Air France-KLM Cash Conversion Cycle vs Transportation Industry
For the Transportation industry and Industrials sector, Air France-KLM's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Air France-KLM'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.
Air France-KLM'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.
Air France-KLM (CHIX:AFP) has a Cash Conversion Cycle of 3.30 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Air France-KLM and its competitors.
Is Air France-KLM's Cash Conversion Cycle too high?
Air France-KLM's current Cash Conversion Cycle is 3.30. The Transportation industry median Cash Conversion Cycle is 20.26. Air France-KLM's value of 3.30 is 83.7% below this industry median. Overall, Air France-KLM has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air France-KLM's Cash Conversion Cycle compare to DAL and UAL?
Air France-KLM's Cash Conversion Cycle of 3.30 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.26. Air France-KLM's value of 3.30 is 83.7% below 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 Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.26, based on 1,000 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. Air France-KLM's current Cash Conversion Cycle of 3.30 is 83.7% below 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 Air France-KLM and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air France-KLM's current Cash Conversion Cycle is 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air France-KLM stock overvalued right now?
Based on GuruFocus' analysis, Air France-KLM (CHIX:AFP) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.63, compared to a current price of €12.32 — trading 27.9% above its estimated fair value. The current Cash Conversion Cycle is 3.30 and 83.7% below the Transportation industry median of 20.26. Air France-KLM's overall GF Score™ is 68/100 with 7 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 Air France-KLM (CHIX:AFP), the current Cash Conversion Cycle is 3.30 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 Air France-KLM (CHIX:AFP) Overvalued in 2026?
Based on GuruFocus' analysis, Air France-KLM stock appears to be overvalued.
The current stock price of €12.32 is trading 27.9% above its estimated GF Value™ of €9.63.
GuruFocus considers Air France-KLM to be Modestly Overvalued.
Key valuation signals for CHIX:AFP:
Cash Conversion Cycle: 3.30
GF Value™: €9.63 vs. price of €12.32 (27.9% above fair value)
Industry Position: 83.7% below the Transportation median
No single metric tells the full story. See the CHIX:AFP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The group has four segments: network, maintenance, Transavia, and other. The network segment derives key revenue for the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. The company's geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.
68GF Score
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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