Fiera Milano SpA's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 47.21.
Fiera Milano SpA's Days Inventory for the
three
months ended in Mar. 2026 was 262.37.
Fiera Milano SpA's Days Payable for the
three
months ended in Mar. 2026 was 4362.09.
Therefore, Fiera Milano SpA's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was -4,052.51.
Fiera Milano SpA (CHIX:FMm) 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.
Fiera Milano SpA Cash Conversion Cycle Related Terms
Fiera Milano SpA Cash Conversion Cycle Historical Data
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The historical data trend for Fiera Milano SpA'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:FMM vs CTAS, CPRT, GPN: Cash Conversion Cycle Comparison
For the Specialty Business Services subindustry, Fiera Milano SpA'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.
Fiera Milano SpA Cash Conversion Cycle vs Business Services Industry
For the Business Services industry and Industrials sector, Fiera Milano SpA's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Fiera Milano SpA's Cash Conversion Cycle falls into.
Fiera Milano SpA 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.
Fiera Milano SpA'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.
What does a Cash Conversion Cycle of -4,052.51 mean?
Fiera Milano SpA (CHIX:FMM) has a Cash Conversion Cycle of -4,052.51 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Fiera Milano SpA and its competitors.
Is Fiera Milano SpA's Cash Conversion Cycle too high?
Fiera Milano SpA's current Cash Conversion Cycle is -4,052.51. Overall, Fiera Milano SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Milano SpA's Cash Conversion Cycle compare to CTAS and CPRT?
Fiera Milano SpA's Cash Conversion Cycle of -4,052.51 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.66. 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 Business Services company?
The median Cash Conversion Cycle among Business Services companies is 38.66, based on 1,069 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 Fiera Milano SpA and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Milano SpA's current Cash Conversion Cycle is -4,052.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Milano SpA stock overvalued right now?
Fiera Milano SpA (CHIX:FMM) has a current Cash Conversion Cycle of -4,052.51. The stock's GF Value™ is €2.26, compared to a current price of €3.13 — trading 38.5% above its estimated fair value. The current Cash Conversion Cycle is -4,052.51. Fiera Milano SpA's overall GF Score™ is 75/100 with 3 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 Fiera Milano SpA (CHIX:FMM), the current Cash Conversion Cycle is -4,052.51 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 Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued.
The current stock price of €3.13 is trading 38.5% above its estimated GF Value™ of €2.26.
Key valuation signals for CHIX:FMM:
Cash Conversion Cycle: -4,052.51
GF Value™: €2.26 vs. price of €3.13 (38.5% above fair value)
No single metric tells the full story. See the CHIX:FMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.
75GF Score
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