Elkem ASA (FRA:1DP) Cash Conversion Cycle: 195.86 (As of Mar. 2026)


FRA:1DP Elkem ASA FRA:1DP
61 GF Score
Price €2.62
GF Value €1.68
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Elkem ASA Cash Conversion Cycle?

Elkem ASA FRA:1DP -7.63% 61 Cash Conversion Cycle is 195.86 as of Mar. 2026. GuruFocus rates FRA:1DP with a GF Score™ of 61/100 and a GF Value™ of €1.68 (Significantly Overvalued). The stock has 9 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.

Elkem ASA's Days Sales Outstanding for the three months ended in Mar. 2026 was 39.69.
Elkem ASA's Days Inventory for the three months ended in Mar. 2026 was 224.6.
Elkem ASA's Days Payable for the three months ended in Mar. 2026 was 68.43.
Therefore, Elkem ASA's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 195.86.


Elkem ASA  (FRA:1DP) 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.


Elkem ASA Cash Conversion Cycle Related Terms


Elkem ASA Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Elkem ASA'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.

Elkem ASA Cash Conversion Cycle Chart

Elkem ASA 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 81.87 90.74 195.99 198.46 212.86

Elkem ASA 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 232.12 231.30 256.59 259.30 195.86

FRA:1DP vs LIN, SHW, ECL: Cash Conversion Cycle Comparison

For the Specialty Chemicals subindustry, Elkem ASA'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.


Elkem ASA Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Elkem ASA's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Elkem ASA's Cash Conversion Cycle falls into.


FRA:1DP
61GF Score
Elkem ASA FRA:1DP
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elkem ASA 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.

Elkem ASA'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
=36.12+261.7-84.96
=212.86

Elkem ASA'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
=39.69+224.6-68.43
=195.86

* 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 195.86 mean?
Elkem ASA (FRA:1DP) has a Cash Conversion Cycle of 195.86 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Elkem ASA and its competitors.
Is Elkem ASA's Cash Conversion Cycle too high?
Elkem ASA's current Cash Conversion Cycle is 195.86. The Chemicals industry median Cash Conversion Cycle is 89.20. Elkem ASA's value of 195.86 is 119.6% above this industry median. Overall, Elkem ASA has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's Cash Conversion Cycle compare to LIN and SHW?
Elkem ASA's Cash Conversion Cycle of 195.86 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.20. Elkem ASA's value of 195.86 is 119.6% 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 a Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.20, based on 1,581 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. Elkem ASA's current Cash Conversion Cycle of 195.86 is 119.6% 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 Elkem ASA and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elkem ASA's current Cash Conversion Cycle is 195.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elkem ASA stock overvalued right now?
Based on GuruFocus' analysis, Elkem ASA (FRA:1DP) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.68, compared to a current price of €2.62 — trading 55.7% above its estimated fair value. The current Cash Conversion Cycle is 195.86 and 119.6% above the Chemicals industry median of 89.20. Elkem ASA's overall GF Score™ is 61/100 with 9 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 Elkem ASA (FRA:1DP), the current Cash Conversion Cycle is 195.86 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 Elkem ASA (FRA:1DP) Overvalued in 2026?

Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued. The current stock price of €2.62 is trading 55.7% above its estimated GF Value™ of €1.68. GuruFocus considers Elkem ASA to be Significantly Overvalued.

Key valuation signals for FRA:1DP:

  • Cash Conversion Cycle: 195.86
  • GF Value™: €1.68 vs. price of €2.62 (55.7% above fair value)
  • GF Score™: 61/100 with 9 warning signs
  • Industry Position: 119.6% above the Chemicals median

No single metric tells the full story. See the FRA:1DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elkem ASA Business Description

Address Drammensveien 169, Oslo, NOR, 0277
Elkem ASA offers material solutions that shape a more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations in electric mobility, digital communications, health, and personal care, as well as in smarter, more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.
61GF Score

Get the complete analysis for FRA:1DP

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

€2.62
Price
€1.68
GF Value