DHT (DHT Holdings) Cash Conversion Cycle: 54.39 (As of Mar. 2026)


DHT DHT Holdings Inc DHT
55 GF Score
Price $19.39
GF Value $11.97
Valuation Significantly Overvalued
! 5 Warning Signs
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What is DHT Holdings Cash Conversion Cycle?

DHT Holdings DHT -2.86% 55 Cash Conversion Cycle is 54.39 as of Mar. 2026. GuruFocus rates DHT with a GF Score™ of 55/100 and a GF Value™ of $11.97 (Significantly Overvalued). The stock has 5 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.

DHT Holdings's Days Sales Outstanding for the three months ended in Mar. 2026 was 33.92.
DHT Holdings's Days Inventory for the three months ended in Mar. 2026 was 33.93.
DHT Holdings's Days Payable for the three months ended in Mar. 2026 was 13.46.
Therefore, DHT Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 54.39.


DHT Holdings  (NYSE:DHT) 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.


DHT Holdings Cash Conversion Cycle Related Terms


DHT Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for DHT Holdings'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.

DHT Holdings Cash Conversion Cycle Chart

DHT Holdings 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 56.40 55.55 66.52 67.13 63.81

DHT Holdings 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 67.69 68.14 65.57 44.77 54.39

DHT vs TNK, NGL, SUNC: Cash Conversion Cycle Comparison

For the Oil & Gas Midstream subindustry, DHT Holdings'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.


DHT Holdings Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DHT Holdings's Cash Conversion Cycle distribution charts can be found below:

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


DHT
55GF Score
DHT Holdings Inc DHT
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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DHT Holdings 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.

DHT Holdings'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
=39.2+37.02-12.41
=63.81

DHT Holdings'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
=33.92+33.93-13.46
=54.39

* 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 54.39 mean?
DHT Holdings (DHT) has a Cash Conversion Cycle of 54.39 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on DHT Holdings and its competitors.
Is DHT Holdings' Cash Conversion Cycle too high?
DHT Holdings' current Cash Conversion Cycle is 54.39. The Oil & Gas industry median Cash Conversion Cycle is 18.48. DHT Holdings' value of 54.39 is 194.3% above this industry median. Overall, DHT Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Cash Conversion Cycle compare to TNK and NGL?
DHT Holdings' Cash Conversion Cycle of 54.39 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.48. DHT Holdings' value of 54.39 is 194.3% above 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 Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.48, based on 915 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. DHT Holdings's current Cash Conversion Cycle of 54.39 is 194.3% above 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 DHT Holdings and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current Cash Conversion Cycle is 54.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (DHT) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.97, compared to a current price of $19.39 — trading 62% above its estimated fair value. The current Cash Conversion Cycle is 54.39 and 194.3% above the Oil & Gas industry median of 18.48. DHT Holdings' overall GF Score™ is 55/100 with 5 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 DHT Holdings (DHT), the current Cash Conversion Cycle is 54.39 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 DHT Holdings (DHT) Overvalued in 2026?

Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued. The current stock price of $19.39 is trading 62% above its estimated GF Value™ of $11.97. GuruFocus considers DHT Holdings to be Significantly Overvalued.

Key valuation signals for DHT:

  • Cash Conversion Cycle: 54.39
  • GF Value™: $11.97 vs. price of $19.39 (62% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 194.3% above the Oil & Gas median

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


DHT Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges DHTN:MexicoD8EN:Germany
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
55GF Score

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

$19.39
Price
$11.97
GF Value