C3is (CISS) Cash Conversion Cycle: 14.50 (As of Mar. 2026)


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What is C3is Cash Conversion Cycle?

C3is CISS -1.48% 35 Cash Conversion Cycle is 14.50 as of Mar. 2026. GuruFocus rates CISS with a GF Score™ of 35/100. The stock has 2 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.

C3is's Days Sales Outstanding for the three months ended in Mar. 2026 was 27.11.
C3is's Days Inventory for the three months ended in Mar. 2026 was 18.88.
C3is's Days Payable for the three months ended in Mar. 2026 was 31.49.
Therefore, C3is's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 14.50.


C3is  (NAS:CISS) 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.


C3is Cash Conversion Cycle Related Terms


C3is Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for C3is'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.

C3is Cash Conversion Cycle Chart

C3is Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
0.00 -5.54 65.32 57.96 34.07

C3is Quarterly Data
Jun21 Dec21 Mar22 Jun22 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 29.23 34.94 78.51 22.74 14.50

CISS vs ICON, RUBI, NCT: Cash Conversion Cycle Comparison

For the Marine Shipping subindustry, C3is'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.


C3is Cash Conversion Cycle vs Transportation Industry

For the Transportation industry and Industrials sector, C3is's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where C3is's Cash Conversion Cycle falls into.


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Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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C3is 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.

C3is'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
=37.17+13.22-16.32
=34.07

C3is'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
=27.11+18.88-31.49
=14.50

* 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 14.50 mean?
C3is (CISS) has a Cash Conversion Cycle of 14.50 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on C3is and its competitors.
Is C3is' Cash Conversion Cycle too high?
C3is' current Cash Conversion Cycle is 14.50. The Transportation industry median Cash Conversion Cycle is 20.26. C3is' value of 14.50 is 28.4% below this industry median. Overall, C3is has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does C3is' Cash Conversion Cycle compare to ICON and RUBI?
C3is' Cash Conversion Cycle of 14.50 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.26. C3is' value of 14.50 is 28.4% 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. C3is's current Cash Conversion Cycle of 14.50 is 28.4% 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 C3is 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. C3is's current Cash Conversion Cycle is 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C3is stock overvalued right now?
C3is (CISS) has a current Cash Conversion Cycle of 14.50. The current Cash Conversion Cycle is 14.50 and 28.4% below the Transportation industry median of 20.26. C3is' overall GF Score™ is 35/100 with 2 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 C3is (CISS), the current Cash Conversion Cycle is 14.50 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.

C3is Business Description

Address 331 Kifissias Avenue, Kifissia, Athens, GRC, 14561
C3is Inc is a provider of international seaborne transportation services to dry bulk charterers, including national and private industrial users, commodity producers, and traders. The company owns and operates a fleet of two dry bulk carriers that transport bulk commodities such as iron ore, coal, and grains, and minor bulks such as bauxite, phosphate, and fertilizers.
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