FPI (Farmland Partners) Cash Conversion Cycle: 185.48 (As of Mar. 2026)


FPI Farmland Partners Inc FPI
71 GF Score
Price $9.91
GF Value $10.91
Valuation Fairly Valued
! 5 Warning Signs
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What is Farmland Partners Cash Conversion Cycle?

Farmland Partners FPI +3.23% 71 Cash Conversion Cycle is 185.48 as of Mar. 2026. GuruFocus rates FPI with a GF Score™ of 71/100 and a GF Value™ of $10.91 (Fairly Valued). 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.

Farmland Partners's Days Sales Outstanding for the three months ended in Mar. 2026 was 30.3.
Farmland Partners's Days Inventory for the three months ended in Mar. 2026 was 155.18.
Farmland Partners's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, Farmland Partners's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 185.48.


Farmland Partners  (NYSE:FPI) 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.


Farmland Partners Cash Conversion Cycle Related Terms


Farmland Partners Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Farmland Partners'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.

Farmland Partners Cash Conversion Cycle Chart

Farmland Partners 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 117.88 111.28 116.97 118.33 118.88

Farmland Partners 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 149.03 95.96 92.81 137.51 185.48

FPI vs LAND, NLCP, SELF: Cash Conversion Cycle Comparison

For the REIT - Specialty subindustry, Farmland Partners'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.


Farmland Partners Cash Conversion Cycle vs REITs Industry

For the REITs industry and Real Estate sector, Farmland Partners's Cash Conversion Cycle distribution charts can be found below:

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


FPI
71GF Score
Farmland Partners Inc FPI
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Farmland Partners 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.

Farmland Partners'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
=30.41+88.47-0
=118.88

Farmland Partners'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
=30.3+155.18-0
=185.48

* 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 185.48 mean?
Farmland Partners (FPI) has a Cash Conversion Cycle of 185.48 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Farmland Partners and its competitors.
Is Farmland Partners' Cash Conversion Cycle too high?
Farmland Partners' current Cash Conversion Cycle is 185.48. Overall, Farmland Partners has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' Cash Conversion Cycle compare to LAND and NLCP?
Farmland Partners' Cash Conversion Cycle of 185.48 can be compared against companies in the REITs industry. 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 REITs company?
A good Cash Conversion Cycle depends on the REITs industry context. 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 Farmland Partners and its competitors. Farmland Partners's current Cash Conversion Cycle is 185.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmland Partners stock overvalued right now?
Based on GuruFocus' analysis, Farmland Partners (FPI) is currently considered Fairly Valued. The stock's GF Value™ is $10.91, compared to a current price of $9.91 — trading 9.2% below its estimated fair value. The current Cash Conversion Cycle is 185.48. Farmland Partners' overall GF Score™ is 71/100 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 Farmland Partners (FPI), the current Cash Conversion Cycle is 185.48 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 Farmland Partners (FPI) Overvalued in 2026?

Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued. The current stock price of $9.91 is trading 9.2% below its estimated GF Value™ of $10.91. GuruFocus considers Farmland Partners to be Fairly Valued.

Key valuation signals for FPI:

  • Cash Conversion Cycle: 185.48
  • GF Value™: $10.91 vs. price of $9.91 (9.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Farmland Partners Business Description

Industry Real EstateREITs
Other Exchanges 0FA:Germany
Address 4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
71GF Score

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

$9.91
Price
$10.91
GF Value