Caspar Asset Management (FRA:6QA) Cash Conversion Cycle: 18.17 (As of Mar. 2026)


FRA:6QA Caspar Asset Management SA FRA:6QA
69 GF Score
Price €1.17
GF Value €2.67
! 4 Warning Signs
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What is Caspar Asset Management Cash Conversion Cycle?

Caspar Asset Management FRA:6QA -3.31% 69 Cash Conversion Cycle is 18.17 as of Mar. 2026. GuruFocus rates FRA:6QA with a GF Score™ of 69/100 and a GF Value™ of €2.67. The stock has 4 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.

Caspar Asset Management's Days Sales Outstanding for the three months ended in Mar. 2026 was 40.35.
Caspar Asset Management's Days Inventory for the three months ended in Mar. 2026 was 0.
Caspar Asset Management's Days Payable for the three months ended in Mar. 2026 was 22.18.
Therefore, Caspar Asset Management's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 18.17.


Caspar Asset Management  (FRA:6QA) 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.


Caspar Asset Management Cash Conversion Cycle Related Terms


Caspar Asset Management Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Caspar Asset Management'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.

Caspar Asset Management Cash Conversion Cycle Chart

Caspar Asset Management 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 107.31 7.29 3.81 7.69 15.01

Caspar Asset Management 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 14.76 19.47 14.69 21.88 18.17

FRA:6QA vs BLK, BX, KKR: Cash Conversion Cycle Comparison

For the Asset Management subindustry, Caspar Asset Management'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.


Caspar Asset Management Cash Conversion Cycle vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Caspar Asset Management's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Caspar Asset Management's Cash Conversion Cycle falls into.


FRA:6QA
69GF Score
Caspar Asset Management SA FRA:6QA
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Caspar Asset Management 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.

Caspar Asset Management'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
=44.04+0-29.03
=15.01

Caspar Asset Management'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
=40.35+0-22.18
=18.17

* 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 18.17 mean?
Caspar Asset Management (FRA:6QA) has a Cash Conversion Cycle of 18.17 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Caspar Asset Management and its competitors.
Is Caspar Asset Management's Cash Conversion Cycle too high?
Caspar Asset Management's current Cash Conversion Cycle is 18.17. The Asset Management industry median Cash Conversion Cycle is 4.55. Caspar Asset Management's value of 18.17 is 299.3% above this industry median. Overall, Caspar Asset Management has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Caspar Asset Management's Cash Conversion Cycle compare to BLK and BX?
Caspar Asset Management's Cash Conversion Cycle of 18.17 can be compared against companies in the Asset Management industry. The industry median Cash Conversion Cycle is 4.55. Caspar Asset Management's value of 18.17 is 299.3% 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 Asset Management company?
The median Cash Conversion Cycle among Asset Management companies is 4.55, based on 603 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. Caspar Asset Management's current Cash Conversion Cycle of 18.17 is 299.3% 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 Caspar Asset Management and its competitors. For the Asset Management industry, the median Cash Conversion Cycle is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caspar Asset Management's current Cash Conversion Cycle is 18.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspar Asset Management stock overvalued right now?
Caspar Asset Management (FRA:6QA) has a current Cash Conversion Cycle of 18.17. The stock's GF Value™ is €2.67, compared to a current price of €1.17 — trading 56.2% below its estimated fair value. The current Cash Conversion Cycle is 18.17 and 299.3% above the Asset Management industry median of 4.55. Caspar Asset Management's overall GF Score™ is 69/100 with 4 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 Caspar Asset Management (FRA:6QA), the current Cash Conversion Cycle is 18.17 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 Caspar Asset Management (FRA:6QA) Overvalued in 2026?

Based on GuruFocus' analysis, Caspar Asset Management stock appears to be undervalued. The current stock price of €1.17 is trading 56.2% below its estimated GF Value™ of €2.67.

Key valuation signals for FRA:6QA:

  • Cash Conversion Cycle: 18.17
  • GF Value™: €2.67 vs. price of €1.17 (56.2% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 299.3% above the Asset Management median

No single metric tells the full story. See the FRA:6QA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caspar Asset Management Business Description

Other Exchanges CSR:Poland
Address ulica Połwiejska 32, Poznan, POL, 61-888
Caspar Asset Management SA is an asset management company. The company offers asset management services such as investment advice, asset administration to individuals and institutional investors in Poland.
69GF Score

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

€1.17
Price
€2.67
GF Value