Deckers Outdoor (FRA:DO2) Cash Conversion Cycle: 40.03 (As of Mar. 2026)


FRA:DO2 Deckers Outdoor Corp FRA:DO2
95 GF Score
Price €88.36
GF Value €131.61
Valuation Significantly Undervalued
View Full Analysis

What is Deckers Outdoor Cash Conversion Cycle?

Deckers Outdoor FRA:DO2 -3.05% 95 Cash Conversion Cycle is 40.03 as of Mar. 2026. GuruFocus rates FRA:DO2 with a GF Score™ of 95/100 and a GF Value™ of €131.61 (Significantly Undervalued).

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Deckers Outdoor's Days Sales Outstanding for the three months ended in Mar. 2026 was 26.86.
Deckers Outdoor's Days Inventory for the three months ended in Mar. 2026 was 106.91.
Deckers Outdoor's Days Payable for the three months ended in Mar. 2026 was 93.74.
Therefore, Deckers Outdoor's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 40.03.


Deckers Outdoor  (FRA:DO2) 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.


Deckers Outdoor Cash Conversion Cycle Related Terms


Deckers Outdoor Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Deckers Outdoor'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.

Deckers Outdoor Cash Conversion Cycle Chart

Deckers Outdoor Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.41 74.70 60.87 37.98 37.11

Deckers Outdoor 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 35.78 55.89 55.87 36.78 40.03

FRA:DO2 vs ONON, BIRK, CROX: Cash Conversion Cycle Comparison

For the Footwear & Accessories subindustry, Deckers Outdoor'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.


Deckers Outdoor Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Deckers Outdoor's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Deckers Outdoor's Cash Conversion Cycle falls into.


FRA:DO2
95GF Score
Deckers Outdoor Corp FRA:DO2
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deckers Outdoor 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.

Deckers Outdoor's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=22.51+80.16-65.56
=37.11

Deckers Outdoor'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
=26.86+106.91-93.74
=40.03

* 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 40.03 mean?
Deckers Outdoor (FRA:DO2) has a Cash Conversion Cycle of 40.03 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Deckers Outdoor and its competitors.
Is Deckers Outdoor's Cash Conversion Cycle too high?
Deckers Outdoor's current Cash Conversion Cycle is 40.03. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.21. Deckers Outdoor's value of 40.03 is 67.8% below this industry median. Overall, Deckers Outdoor has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deckers Outdoor's Cash Conversion Cycle compare to ONON and BIRK?
Deckers Outdoor's Cash Conversion Cycle of 40.03 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.21. Deckers Outdoor's value of 40.03 is 67.8% below 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.21, based on 1,039 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. Deckers Outdoor's current Cash Conversion Cycle of 40.03 is 67.8% below 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 Deckers Outdoor and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deckers Outdoor's current Cash Conversion Cycle is 40.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deckers Outdoor stock overvalued right now?
Based on GuruFocus' analysis, Deckers Outdoor (FRA:DO2) is currently considered Significantly Undervalued. The stock's GF Value™ is €131.61, compared to a current price of €88.36 — trading 32.9% below its estimated fair value. The current Cash Conversion Cycle is 40.03 and 67.8% below the Manufacturing - Apparel & Accessories industry median of 124.21. Deckers Outdoor's overall GF Score™ is 95/100. 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 Deckers Outdoor (FRA:DO2), the current Cash Conversion Cycle is 40.03 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 Deckers Outdoor (FRA:DO2) Overvalued in 2026?

Based on GuruFocus' analysis, Deckers Outdoor stock appears to be undervalued. The current stock price of €88.36 is trading 32.9% below its estimated GF Value™ of €131.61. GuruFocus considers Deckers Outdoor to be Significantly Undervalued.

Key valuation signals for FRA:DO2:

  • Cash Conversion Cycle: 40.03
  • GF Value™: €131.61 vs. price of €88.36 (32.9% below fair value)
  • GF Score™: 95/100
  • Industry Position: 67.8% below the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the FRA:DO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deckers Outdoor Business Description

Address 250 Coromar Drive, Goleta, CA, USA, 93117
Founded in 1973, California-based Deckers designs and sells casual and performance footwear, apparel, and accessories. In fiscal 2026, Ugg and Hoka accounted for 50% and 47% of total sales, respectively. The firm also markets a niche sandal brand Teva. Deckers produces most of its sales through wholesale partnerships but also operates e-commerce in more than 50 countries and has more than 200 company-operated stores, about half of which are outlets. The firm generated 58% of its fiscal 2026 sales in the United States.
95GF Score

Get the complete analysis for FRA:DO2

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

€88.36
Price
€131.61
GF Value