FGPR (Ferrellgas Partners LP) Cash Conversion Cycle: 45.57 (As of Apr. 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.

FGPR Ferrellgas Partners LP FGPR
39 GF Score
Price $22.11
GF Value $9.33
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ferrellgas Partners LP Cash Conversion Cycle?

Ferrellgas Partners LP FGPR -3.91% 39 Cash Conversion Cycle is 45.57 as of Apr. 2026. GuruFocus rates FGPR with a GF Score™ of 39/100 and a GF Value™ of $9.33 (Significantly Overvalued). 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.

Ferrellgas Partners LP's Days Sales Outstanding for the three months ended in Apr. 2026 was 36.3.
Ferrellgas Partners LP's Days Inventory for the three months ended in Apr. 2026 was 32.28.
Ferrellgas Partners LP's Days Payable for the three months ended in Apr. 2026 was 23.01.
Therefore, Ferrellgas Partners LP's Cash Conversion Cycle (CCC) for the three months ended in Apr. 2026 was 45.57.


Ferrellgas Partners LP  (OTCPK:FGPR) 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.


Ferrellgas Partners LP Cash Conversion Cycle Related Terms


Ferrellgas Partners LP Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Ferrellgas Partners LP'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.

Ferrellgas Partners LP Cash Conversion Cycle Chart

Ferrellgas Partners LP Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.92 40.09 50.24 55.32 47.79

Ferrellgas Partners LP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 46.93 70.29 60.69 33.93 45.57

FGPR vs SGU, CLNE, BDCO: Cash Conversion Cycle Comparison

For the Oil & Gas Refining & Marketing subindustry, Ferrellgas Partners LP'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.


Ferrellgas Partners LP Cash Conversion Cycle vs Oil & Gas Industry

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

* The bar in red indicates where Ferrellgas Partners LP's Cash Conversion Cycle falls into.


FGPR
39GF Score
Ferrellgas Partners LP FGPR
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferrellgas Partners LP 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.

Ferrellgas Partners LP's Cash Conversion Cycle for the fiscal year that ended in Jul. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=24.08+36.65-12.94
=47.79

Ferrellgas Partners LP's Cash Conversion Cycle for the quarter that ended in Apr. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=36.3+32.28-23.01
=45.57

* 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 45.57 mean?
Ferrellgas Partners LP (FGPR) has a Cash Conversion Cycle of 45.57 as of Apr. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ferrellgas Partners LP and its competitors.
Is Ferrellgas Partners LP's Cash Conversion Cycle too high?
Ferrellgas Partners LP's current Cash Conversion Cycle is 45.57. The Oil & Gas industry median Cash Conversion Cycle is 17.48. Ferrellgas Partners LP's value of 45.57 is 160.7% above this industry median. Overall, Ferrellgas Partners LP has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferrellgas Partners LP's Cash Conversion Cycle compare to SGU and CLNE?
Ferrellgas Partners LP's Cash Conversion Cycle of 45.57 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 17.48. Ferrellgas Partners LP's value of 45.57 is 160.7% 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 17.48, based on 925 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. Ferrellgas Partners LP's current Cash Conversion Cycle of 45.57 is 160.7% 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 Ferrellgas Partners LP and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 17.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrellgas Partners LP's current Cash Conversion Cycle is 45.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrellgas Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Ferrellgas Partners LP (FGPR) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.33, compared to a current price of $22.11 — trading 137% above its estimated fair value. The current Cash Conversion Cycle is 45.57 and 160.7% above the Oil & Gas industry median of 17.48. Ferrellgas Partners LP's overall GF Score™ is 39/100 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 Ferrellgas Partners LP (FGPR), the current Cash Conversion Cycle is 45.57 as of Apr. 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 Ferrellgas Partners LP (FGPR) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrellgas Partners LP stock appears to be overvalued. The current stock price of $22.11 is trading 137% above its estimated GF Value™ of $9.33. GuruFocus considers Ferrellgas Partners LP to be Significantly Overvalued.

Key valuation signals for FGPR:

  • Cash Conversion Cycle: 45.57
  • GF Value™: $9.33 vs. price of $22.11 (137% above fair value)
  • GF Score™: 39/100 with 7 warning signs
  • Industry Position: 160.7% above the Oil & Gas median

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


Ferrellgas Partners LP Business Description

Industry EnergyOil & Gas
Address One Liberty Plaza, Liberty, MO, USA, 64068
Ferrellgas Partners LP distributes propane and related equipment to a wide mix of customers, including residential, commercial, agricultural, wholesale, and portable tank exchange segments. The company provides propane delivery and tank exchange services under several brands and sells related appliances, parts, and fittings. Ferrellgas operates all over the United States, the District of Columbia, and Puerto Rico, with sales concentrated in various regions across the United States. The majority of its revenue comes from the sales of Propane and other gas liquids to End Users and Resellers.
39GF Score

Get the complete analysis for FGPR

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

$22.11
Price
$9.33
GF Value