ETS (Elite Express Holding) Cash Conversion Cycle: 4.38 (As of May. 2026)

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ETS Elite Express Holding Inc ETS
13 GF Score
Price $0.88
! 2 Warning Signs
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What is Elite Express Holding Cash Conversion Cycle?

Elite Express Holding ETS -12.19% 13 Cash Conversion Cycle is 4.38 as of May. 2026. GuruFocus rates ETS with a GF Score™ of 13/100. 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.

Elite Express Holding's Days Sales Outstanding for the three months ended in May. 2026 was 8.97.
Elite Express Holding's Days Inventory for the three months ended in May. 2026 was 0.
Elite Express Holding's Days Payable for the three months ended in May. 2026 was 4.59.
Therefore, Elite Express Holding's Cash Conversion Cycle (CCC) for the three months ended in May. 2026 was 4.38.


Elite Express Holding  (NAS:ETS) 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.


Elite Express Holding Cash Conversion Cycle Related Terms


Elite Express Holding Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Elite Express Holding'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.

Elite Express Holding Cash Conversion Cycle Chart

Elite Express Holding Annual Data
Trend Nov23 Nov24 Nov25
Cash Conversion Cycle
14.74 0.00 5.94

Elite Express Holding Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.11 4.57 5.56 4.68 4.38

ETS vs TOPP, TLSS, YGMZF: Cash Conversion Cycle Comparison

For the Trucking subindustry, Elite Express Holding'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.


Elite Express Holding Cash Conversion Cycle vs Transportation Industry

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

* The bar in red indicates where Elite Express Holding's Cash Conversion Cycle falls into.


ETS
13GF Score
Elite Express Holding Inc ETS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Express Holding 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.

Elite Express Holding's Cash Conversion Cycle for the fiscal year that ended in Nov. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=8.83+0-2.89
=5.94

Elite Express Holding's Cash Conversion Cycle for the quarter that ended in May. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=8.97+0-4.59
=4.38

* 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 4.38 mean?
Elite Express Holding (ETS) has a Cash Conversion Cycle of 4.38 as of May. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Elite Express Holding and its competitors.
Is Elite Express Holding's Cash Conversion Cycle too high?
Elite Express Holding's current Cash Conversion Cycle is 4.38. The Transportation industry median Cash Conversion Cycle is 19.54. Elite Express Holding's value of 4.38 is 77.6% below this industry median. Overall, Elite Express Holding has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Elite Express Holding's Cash Conversion Cycle compare to TOPP and TLSS?
Elite Express Holding's Cash Conversion Cycle of 4.38 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 19.54. Elite Express Holding's value of 4.38 is 77.6% 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 19.54, based on 1,003 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. Elite Express Holding's current Cash Conversion Cycle of 4.38 is 77.6% 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 Elite Express Holding and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 19.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Express Holding's current Cash Conversion Cycle is 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Express Holding stock overvalued right now?
Elite Express Holding (ETS) has a current Cash Conversion Cycle of 4.38. The current Cash Conversion Cycle is 4.38 and 77.6% below the Transportation industry median of 19.54. Elite Express Holding's overall GF Score™ is 13/100 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 Elite Express Holding (ETS), the current Cash Conversion Cycle is 4.38 as of May. 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.

Elite Express Holding Business Description

Address 23046 Avenida De La Carlota, Suite 600, Laguna Hills, CA, USA, 92653
Elite Express Holding Inc is a holding company that operates through its wholly owned subsidiary and specializes in last-mile delivery services within California. Its core business focuses on retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients doorsteps. Committed to innovation and efficiency, its mission is to optimize last-mile logistics by providing efficient, reliable delivery solutions. The company mainly competes in the route delivery industry, which has several material barriers of entry, including: Substantial time and capital investment, Technological proficiency, Regulatory barriers, Balancing service quality and cost efficiency, and Effective Management.
13GF Score

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