The Middleby's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 63.76.
The Middleby's Days Inventory for the
three
months ended in Mar. 2026 was 124.69.
The Middleby's Days Payable for the
three
months ended in Mar. 2026 was 37.03.
Therefore, The Middleby's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 151.42.
The Middleby (FRA:MBY) 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.
The Middleby Cash Conversion Cycle Related Terms
The Middleby Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for The Middleby'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.
FRA:MBY vs NPO, GTES, JBTM: Cash Conversion Cycle Comparison
For the Specialty Industrial Machinery subindustry, The Middleby'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.
The Middleby Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Middleby's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where The Middleby's Cash Conversion Cycle falls into.
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.
The Middleby's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
The Middleby (FRA:MBY) has a Cash Conversion Cycle of 151.42 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on The Middleby and its competitors.
Is The Middleby's Cash Conversion Cycle too high?
The Middleby's current Cash Conversion Cycle is 151.42. The Industrial Products industry median Cash Conversion Cycle is 122.29. The Middleby's value of 151.42 is 23.8% above this industry median. Overall, The Middleby has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Middleby's Cash Conversion Cycle compare to NPO and GTES?
The Middleby's Cash Conversion Cycle of 151.42 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. The Middleby's value of 151.42 is 23.8% 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 122.29, based on 3,032 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. The Middleby's current Cash Conversion Cycle of 151.42 is 23.8% 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 The Middleby and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Middleby's current Cash Conversion Cycle is 151.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Middleby stock overvalued right now?
Based on GuruFocus' analysis, The Middleby (FRA:MBY) is currently considered Modestly Overvalued. The stock's GF Value™ is €132.94, compared to a current price of €150.00 — trading 12.8% above its estimated fair value. The current Cash Conversion Cycle is 151.42 and 23.8% above the Industrial Products industry median of 122.29. The Middleby's overall GF Score™ is 83/100 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 The Middleby (FRA:MBY), the current Cash Conversion Cycle is 151.42 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 The Middleby (FRA:MBY) Overvalued in 2026?
Based on GuruFocus' analysis, The Middleby stock appears to be overvalued.
The current stock price of €150.00 is trading 12.8% above its estimated GF Value™ of €132.94.
GuruFocus considers The Middleby to be Modestly Overvalued.
Key valuation signals for FRA:MBY:
Cash Conversion Cycle: 151.42
GF Value™: €132.94 vs. price of €150.00 (12.8% above fair value)
Industry Position: 23.8% above the Industrial Products median
No single metric tells the full story. See the FRA:MBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
83GF Score
Get the complete analysis for FRA:MBY
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MBY has been successfully added to your 
