Qatar Navigation QSC (DSMD:QNNS) Cash Conversion Cycle: -65.47 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DSMD:QNNS Qatar Navigation QSC DSMD:QNNS
100 GF Score
Price ر.ق10.22
GF Value ر.ق12.78
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Qatar Navigation QSC Cash Conversion Cycle?

Qatar Navigation QSC DSMD:QNNS +0.79% 100 Cash Conversion Cycle is -65.47 as of Jun. 2026. GuruFocus rates DSMD:QNNS with a GF Score™ of 100/100 and a GF Value™ of ر.ق12.78 (Modestly Undervalued). 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.

Qatar Navigation QSC's Days Sales Outstanding for the three months ended in Jun. 2026 was 116.73.
Qatar Navigation QSC's Days Inventory for the three months ended in Jun. 2026 was 8.76.
Qatar Navigation QSC's Days Payable for the three months ended in Jun. 2026 was 190.96.
Therefore, Qatar Navigation QSC's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was -65.47.


Qatar Navigation QSC  (DSMD:QNNS) 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.


Qatar Navigation QSC Cash Conversion Cycle Related Terms


Qatar Navigation QSC Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Qatar Navigation QSC'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.

Qatar Navigation QSC Cash Conversion Cycle Chart

Qatar Navigation QSC 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 39.17 36.55 36.43 34.99 25.12

Qatar Navigation QSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -44.21 -61.12 -20.98 -22.14 -65.47

DSMD:QNNS vs KEX: Cash Conversion Cycle Comparison

For the Marine Shipping subindustry, Qatar Navigation QSC'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.


Qatar Navigation QSC Cash Conversion Cycle vs Transportation Industry

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

* The bar in red indicates where Qatar Navigation QSC's Cash Conversion Cycle falls into.


DSMD:QNNS
100GF Score
Qatar Navigation QSC DSMD:QNNS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qatar Navigation QSC 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.

Qatar Navigation QSC'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
=37.44+9.04-21.36
=25.12

Qatar Navigation QSC's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=116.73+8.76-190.96
=-65.47

* 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 -65.47 mean?
Qatar Navigation QSC (DSMD:QNNS) has a Cash Conversion Cycle of -65.47 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Qatar Navigation QSC and its competitors.
Is Qatar Navigation QSC's Cash Conversion Cycle too high?
Qatar Navigation QSC's current Cash Conversion Cycle is -65.47. Overall, Qatar Navigation QSC has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qatar Navigation QSC's Cash Conversion Cycle compare to KEX?
Qatar Navigation QSC's Cash Conversion Cycle of -65.47 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 19.97. 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 19.97, based on 1,002 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 Qatar Navigation QSC and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 19.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qatar Navigation QSC's current Cash Conversion Cycle is -65.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qatar Navigation QSC stock overvalued right now?
Based on GuruFocus' analysis, Qatar Navigation QSC (DSMD:QNNS) is currently considered Modestly Undervalued. The stock's GF Value™ is ر.ق12.78, compared to a current price of ر.ق10.22 — trading 20% below its estimated fair value. The current Cash Conversion Cycle is -65.47. Qatar Navigation QSC's overall GF Score™ is 100/100 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 Qatar Navigation QSC (DSMD:QNNS), the current Cash Conversion Cycle is -65.47 as of Jun. 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 Qatar Navigation QSC (DSMD:QNNS) Overvalued in 2026?

Based on GuruFocus' analysis, Qatar Navigation QSC stock appears to be undervalued. The current stock price of ر.ق10.22 is trading 20% below its estimated GF Value™ of ر.ق12.78. GuruFocus considers Qatar Navigation QSC to be Modestly Undervalued.

Key valuation signals for DSMD:QNNS:

  • Cash Conversion Cycle: -65.47
  • GF Value™: ر.ق12.78 vs. price of ر.ق10.22 (20% below fair value)
  • GF Score™: 100/100 with 2 warning signs

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


Qatar Navigation QSC Business Description

Address East Industrial Road, Street No. 523, Umm Al Saneem Area, P.O. Box 153, Zone 56, Doha, QAT
Qatar Navigation QSC company provides diversified maritime and logistics companies in the Middle East with a focus on providing integrated transport and supply chain solutions. Milaha's current activities include Maritime and Logistics; Gas and Petrochem; Offshore Marine; Marine and Technical Services; and Capital. The Segment includes Milaha Capital, Milaha Maritime and Logistics, Milaha Offshore, Milaha Tradings, Milaha Gas and Petrochem, Milaha Corporate. Maximum of revenue is from Milaha Gas and Petrochem segment. Geographically operates in Qatar, Singapore, UAE, Germany, India, with maximum revenue from Qatar.
100GF Score

Get the complete analysis for DSMD:QNNS

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

ر.ق10.22
Price
ر.ق12.78
GF Value