Energizer Holdings (FRA:EGG) Cash Conversion Cycle: 126.22 (As of Mar. 2026)

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FRA:EGG Energizer Holdings Inc FRA:EGG
65 GF Score
Price €18.10
GF Value €28.57
Valuation Possible Value Trap
! 5 Warning Signs
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What is Energizer Holdings Cash Conversion Cycle?

Energizer Holdings FRA:EGG +2.26% 65 Cash Conversion Cycle is 126.22 as of Mar. 2026. GuruFocus rates FRA:EGG with a GF Score™ of 65/100 and a GF Value™ of €28.57 (Possible Value Trap). 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.

Energizer Holdings's Days Sales Outstanding for the three months ended in Mar. 2026 was 48.06.
Energizer Holdings's Days Inventory for the three months ended in Mar. 2026 was 172.67.
Energizer Holdings's Days Payable for the three months ended in Mar. 2026 was 94.51.
Therefore, Energizer Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 126.22.


Energizer Holdings  (FRA:EGG) 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.


Energizer Holdings Cash Conversion Cycle Related Terms


Energizer Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Energizer Holdings'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.

Energizer Holdings Cash Conversion Cycle Chart

Energizer Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.20 103.54 134.69 114.18 119.20

Energizer Holdings 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 110.31 152.88 112.01 105.78 126.22

FRA:EGG vs FCEL, ENVX, AMPX: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, Energizer Holdings'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.


Energizer Holdings Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energizer Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Energizer Holdings's Cash Conversion Cycle falls into.


FRA:EGG
65GF Score
Energizer Holdings Inc FRA:EGG
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Energizer Holdings 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.

Energizer Holdings's Cash Conversion Cycle for the fiscal year that ended in Sep. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=53.83+156.64-91.27
=119.20

Energizer Holdings'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
=48.06+172.67-94.51
=126.22

* 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 126.22 mean?
Energizer Holdings (FRA:EGG) has a Cash Conversion Cycle of 126.22 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Energizer Holdings and its competitors.
Is Energizer Holdings' Cash Conversion Cycle too high?
Energizer Holdings' current Cash Conversion Cycle is 126.22. The Industrial Products industry median Cash Conversion Cycle is 122.23. Energizer Holdings' value of 126.22 is 3.3% above this industry median. Overall, Energizer Holdings has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energizer Holdings' Cash Conversion Cycle compare to FCEL and ENVX?
Energizer Holdings' Cash Conversion Cycle of 126.22 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.23. Energizer Holdings' value of 126.22 is 3.3% 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 Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.23, based on 3,037 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. Energizer Holdings's current Cash Conversion Cycle of 126.22 is 3.3% 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 Energizer Holdings and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energizer Holdings's current Cash Conversion Cycle is 126.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energizer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Energizer Holdings (FRA:EGG) is currently considered Possible Value Trap. The stock's GF Value™ is €28.57, compared to a current price of €18.10 — trading 36.6% below its estimated fair value. The current Cash Conversion Cycle is 126.22 and 3.3% above the Industrial Products industry median of 122.23. Energizer Holdings' overall GF Score™ is 65/100 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 Energizer Holdings (FRA:EGG), the current Cash Conversion Cycle is 126.22 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 Energizer Holdings (FRA:EGG) Overvalued in 2026?

Based on GuruFocus' analysis, Energizer Holdings stock appears to be undervalued. The current stock price of €18.10 is trading 36.6% below its estimated GF Value™ of €28.57. GuruFocus considers Energizer Holdings to be Possible Value Trap.

Key valuation signals for FRA:EGG:

  • Cash Conversion Cycle: 126.22
  • GF Value™: €28.57 vs. price of €18.10 (36.6% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 3.3% above the Industrial Products median

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


Energizer Holdings Business Description

Other Exchanges ENR:USAEGG:Germany
Address 8235 Forsyth Boulevard, Suite 100, Saint Louis, MO, USA, 63105
Energizer Holdings Inc. manufactures and distributes household batteries, specialty batteries, and lighting products. The company offers batteries using lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide technologies, sold under the Energizer, Rayovac, Varta, and Eveready brands across performance and premium price segments. It also provides auto care products in the appearance, fragrance, performance, and air conditioning recharge categories. Energizer operates through two geographical segments, the United States and International, with the majority of its revenue generated in the United States. It has two product segments: Batteries and Lights and Auto Care, with the Batteries and Lights segment contributing the majority of its revenue.
65GF Score

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

€18.10
Price
€28.57
GF Value