Ferronordic AB (CHIX:FNMS) Cash Conversion Cycle: 72.46 (As of Mar. 2026)


CHIX:FNMS Ferronordic AB CHIX:FNMS
83 GF Score
Price kr45.90
GF Value kr47.51
! 7 Warning Signs
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What is Ferronordic AB Cash Conversion Cycle?

Ferronordic AB CHIX:FNMS 83 Cash Conversion Cycle is 72.46 as of Mar. 2026. GuruFocus rates CHIX:FNMS with a GF Score™ of 83/100 and a GF Value™ of kr47.51. The stock has 7 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.

Ferronordic AB's Days Sales Outstanding for the three months ended in Mar. 2026 was 37.74.
Ferronordic AB's Days Inventory for the three months ended in Mar. 2026 was 101.07.
Ferronordic AB's Days Payable for the three months ended in Mar. 2026 was 66.35.
Therefore, Ferronordic AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 72.46.


Ferronordic AB  (CHIX:FNMs) 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.


Ferronordic AB Cash Conversion Cycle Related Terms


Ferronordic AB Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Ferronordic 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.

Ferronordic AB Cash Conversion Cycle Chart

Ferronordic 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 93.34 65.27 99.13 95.14 86.67

Ferronordic 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 81.97 64.38 52.97 53.86 72.46

CHIX:FNMS vs GWW, FAST, FERG: Cash Conversion Cycle Comparison

For the Industrial Distribution subindustry, Ferronordic 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.


Ferronordic AB Cash Conversion Cycle vs Industrial Distribution Industry

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

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


CHIX:FNMS
83GF Score
Ferronordic AB CHIX:FNMS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferronordic 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.

Ferronordic 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
=37.01+103.05-53.39
=86.67

Ferronordic 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
=37.74+101.07-66.35
=72.46

* 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 72.46 mean?
Ferronordic AB (CHIX:FNMS) has a Cash Conversion Cycle of 72.46 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ferronordic AB and its competitors.
Is Ferronordic AB's Cash Conversion Cycle too high?
Ferronordic AB's current Cash Conversion Cycle is 72.46. The Industrial Distribution industry median Cash Conversion Cycle is 99.15. Ferronordic AB's value of 72.46 is 26.9% below this industry median. Overall, Ferronordic AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's Cash Conversion Cycle compare to GWW and FAST?
Ferronordic AB's Cash Conversion Cycle of 72.46 can be compared against companies in the Industrial Distribution industry. The industry median Cash Conversion Cycle is 99.15. Ferronordic AB's value of 72.46 is 26.9% 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 an Industrial Distribution company?
The median Cash Conversion Cycle among Industrial Distribution companies is 99.15, based on 156 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. Ferronordic AB's current Cash Conversion Cycle of 72.46 is 26.9% 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 Ferronordic AB and its competitors. For the Industrial Distribution industry, the median Cash Conversion Cycle is 99.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current Cash Conversion Cycle is 72.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current Cash Conversion Cycle of 72.46. The stock's GF Value™ is kr47.51, compared to a current price of kr45.90 — trading 3.4% below its estimated fair value. The current Cash Conversion Cycle is 72.46 and 26.9% below the Industrial Distribution industry median of 99.15. Ferronordic AB's overall GF Score™ is 83/100 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 Ferronordic AB (CHIX:FNMS), the current Cash Conversion Cycle is 72.46 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 Ferronordic AB (CHIX:FNMS) Overvalued in 2026?

Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued. The current stock price of kr45.90 is trading 3.4% below its estimated GF Value™ of kr47.51.

Key valuation signals for CHIX:FNMS:

  • Cash Conversion Cycle: 72.46
  • GF Value™: kr47.51 vs. price of kr45.90 (3.4% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 26.9% below the Industrial Distribution median

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


Ferronordic AB Business Description

Other Exchanges FNM:SwedenAA4:Germany
Address Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
83GF Score

Get the complete analysis for CHIX:FNMS

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

kr45.90
Price
kr47.51
GF Value