Afry AB (CHIX:AFRYS) Cash Conversion Cycle: 11.78 (As of Mar. 2026)


CHIX:AFRYS Afry AB CHIX:AFRYS
70 GF Score
Price kr112.50
GF Value kr150.95
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Afry AB Cash Conversion Cycle?

Afry AB CHIX:AFRYS 70 Cash Conversion Cycle is 11.78 as of Mar. 2026. GuruFocus rates CHIX:AFRYS with a GF Score™ of 70/100 and a GF Value™ of kr150.95 (Modestly Undervalued). The stock has 4 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.

Afry AB's Days Sales Outstanding for the three months ended in Mar. 2026 was 63.49.
Afry AB's Days Inventory for the three months ended in Mar. 2026 was 0.
Afry AB's Days Payable for the three months ended in Mar. 2026 was 51.71.
Therefore, Afry AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 11.78.


Afry AB  (CHIX:AFRYs) 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.


Afry AB Cash Conversion Cycle Related Terms


Afry AB Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Afry AB'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.

Afry AB Cash Conversion Cycle Chart

Afry AB 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 -21.32 -15.89 -8.71 5.67 13.20

Afry AB 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 10.08 5.10 -1.81 8.27 11.78

CHIX:AFRYS vs PWR, FIX, EME: Cash Conversion Cycle Comparison

For the Engineering & Construction subindustry, Afry AB'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.


Afry AB Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Afry AB's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Afry AB's Cash Conversion Cycle falls into.


CHIX:AFRYS
70GF Score
Afry AB CHIX:AFRYS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afry AB 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.

Afry AB'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
=70.82+0-57.62
=13.20

Afry AB'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
=63.49+0-51.71
=11.78

* 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 11.78 mean?
Afry AB (CHIX:AFRYS) has a Cash Conversion Cycle of 11.78 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Afry AB and its competitors.
Is Afry AB's Cash Conversion Cycle too high?
Afry AB's current Cash Conversion Cycle is 11.78. The Construction industry median Cash Conversion Cycle is 55.82. Afry AB's value of 11.78 is 78.9% below this industry median. Overall, Afry AB has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afry AB's Cash Conversion Cycle compare to PWR and FIX?
Afry AB's Cash Conversion Cycle of 11.78 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. Afry AB's value of 11.78 is 78.9% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, based on 1,762 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. Afry AB's current Cash Conversion Cycle of 11.78 is 78.9% 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 Afry AB and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afry AB's current Cash Conversion Cycle is 11.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afry AB stock overvalued right now?
Based on GuruFocus' analysis, Afry AB (CHIX:AFRYS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr150.95, compared to a current price of kr112.50 — trading 25.5% below its estimated fair value. The current Cash Conversion Cycle is 11.78 and 78.9% below the Construction industry median of 55.82. Afry AB's overall GF Score™ is 70/100 with 4 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 Afry AB (CHIX:AFRYS), the current Cash Conversion Cycle is 11.78 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 Afry AB (CHIX:AFRYS) Overvalued in 2026?

Based on GuruFocus' analysis, Afry AB stock appears to be undervalued. The current stock price of kr112.50 is trading 25.5% below its estimated GF Value™ of kr150.95. GuruFocus considers Afry AB to be Modestly Undervalued.

Key valuation signals for CHIX:AFRYS:

  • Cash Conversion Cycle: 11.78
  • GF Value™: kr150.95 vs. price of kr112.50 (25.5% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 78.9% below the Construction median

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


Afry AB Business Description

Address Frosundaleden 2, Solna, Stockholm, SWE, SE-169 99
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. The business divisions of the company includes Hydro, Nuclear, Thermal, Transmission & Distribution, Renewables & Energy Storage, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals.
70GF Score

Get the complete analysis for CHIX:AFRYS

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

kr112.50
Price
kr150.95
GF Value