Gamings AB (FRA:5WF) Cash Conversion Cycle: 32.96 (As of Mar. 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.

FRA:5WF Gaming Corps AB FRA:5WF
24 GF Score
Price €0.05
GF Value €0.07
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Gamings AB Cash Conversion Cycle?

Gamings AB FRA:5WF -0.43% 24 Cash Conversion Cycle is 32.96 as of Mar. 2026. GuruFocus rates FRA:5WF with a GF Score™ of 24/100 and a GF Value™ of €0.07 (Possible Value Trap). 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.

Gamings AB's Days Sales Outstanding for the three months ended in Mar. 2026 was 32.96.
Gamings AB's Days Inventory for the three months ended in Mar. 2026 was 0.
Gamings AB's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, Gamings AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 32.96.


Gamings AB  (FRA:5WF) 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.


Gamings AB Cash Conversion Cycle Related Terms


Gamings AB Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Gamings AB'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.

Gamings AB Cash Conversion Cycle Chart

Gamings AB 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 30.15 14.22 11.55 -2,182.06 -121.96

Gamings AB 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 27.07 40.33 45.66 -44.54 32.96

FRA:5WF vs FLUT, DKNG, SGHC: Cash Conversion Cycle Comparison

For the Gambling subindustry, Gamings AB'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.


Gamings AB Cash Conversion Cycle vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gamings AB's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Gamings AB's Cash Conversion Cycle falls into.


FRA:5WF
24GF Score
Gaming Corps AB FRA:5WF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gamings AB 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.

Gamings AB'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
=28.85+0-150.81
=-121.96

Gamings AB'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
=32.96+0-0
=32.96

* 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 32.96 mean?
Gamings AB (FRA:5WF) has a Cash Conversion Cycle of 32.96 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Gamings AB and its competitors.
Is Gamings AB's Cash Conversion Cycle too high?
Gamings AB's current Cash Conversion Cycle is 32.96. The Travel & Leisure industry median Cash Conversion Cycle is 9.93. Gamings AB's value of 32.96 is 232.1% above this industry median. Overall, Gamings AB has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gamings AB's Cash Conversion Cycle compare to FLUT and DKNG?
Gamings AB's Cash Conversion Cycle of 32.96 can be compared against companies in the Travel & Leisure industry. The industry median Cash Conversion Cycle is 9.93. Gamings AB's value of 32.96 is 232.1% 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 Travel & Leisure company?
The median Cash Conversion Cycle among Travel & Leisure companies is 9.93, based on 840 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. Gamings AB's current Cash Conversion Cycle of 32.96 is 232.1% 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 Gamings AB and its competitors. For the Travel & Leisure industry, the median Cash Conversion Cycle is 9.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gamings AB's current Cash Conversion Cycle is 32.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gamings AB stock overvalued right now?
Based on GuruFocus' analysis, Gamings AB (FRA:5WF) is currently considered Possible Value Trap. The stock's GF Value™ is €0.07, compared to a current price of €0.05 — trading 34.3% below its estimated fair value. The current Cash Conversion Cycle is 32.96 and 232.1% above the Travel & Leisure industry median of 9.93. Gamings AB's overall GF Score™ is 24/100 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 Gamings AB (FRA:5WF), the current Cash Conversion Cycle is 32.96 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 Gamings AB (FRA:5WF) Overvalued in 2026?

Based on GuruFocus' analysis, Gamings AB stock appears to be undervalued. The current stock price of €0.05 is trading 34.3% below its estimated GF Value™ of €0.07. GuruFocus considers Gamings AB to be Possible Value Trap.

Key valuation signals for FRA:5WF:

  • Cash Conversion Cycle: 32.96
  • GF Value™: €0.07 vs. price of €0.05 (34.3% below fair value)
  • GF Score™: 24/100 with 7 warning signs
  • Industry Position: 232.1% above the Travel & Leisure median

No single metric tells the full story. See the FRA:5WF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gamings AB Business Description

Other Exchanges GCOR:Sweden
Address Dragarbrunnsgatan 46, Van 5, Uppsala, SWE, 753 20
Gaming Corps AB is a digital game developer focusing on traditional and non-traditional premium games for online casinos. The business is focused on several areas, in addition to an established global distribution network of casinos, the company also develops Casino Slots, Table Games, Multiplier Games, Mine Games, Plinko Games and the game series Smash4Cash.
24GF Score

Get the complete analysis for FRA:5WF

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

€0.05
Price
€0.07
GF Value