MYR Group (FRA:MYP) Cash Conversion Cycle: 22.11 (As of Mar. 2026)


FRA:MYP MYR Group Inc FRA:MYP
83 GF Score
Price €439.70
GF Value €159.55
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MYR Group Cash Conversion Cycle?

MYR Group FRA:MYP +5.93% 83 Cash Conversion Cycle is 22.11 as of Mar. 2026. GuruFocus rates FRA:MYP with a GF Score™ of 83/100 and a GF Value™ of €159.55 (Significantly Overvalued). The stock has 8 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.

MYR Group's Days Sales Outstanding for the three months ended in Mar. 2026 was 56.
MYR Group's Days Inventory for the three months ended in Mar. 2026 was 0.
MYR Group's Days Payable for the three months ended in Mar. 2026 was 33.89.
Therefore, MYR Group's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 22.11.


MYR Group  (FRA:MYP) 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.


MYR Group Cash Conversion Cycle Related Terms


MYR Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for MYR Group'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.

MYR Group Cash Conversion Cycle Chart

MYR Group 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 23.77 15.44 12.11 24.23 29.88

MYR Group 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 31.36 26.02 24.84 23.80 22.11

FRA:MYP vs FLR, TTEK, ACA: Cash Conversion Cycle Comparison

For the Engineering & Construction subindustry, MYR Group'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.


MYR Group Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, MYR Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where MYR Group's Cash Conversion Cycle falls into.


FRA:MYP
83GF Score
MYR Group Inc FRA:MYP
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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MYR Group 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.

MYR Group'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
=66.29+0-36.41
=29.88

MYR Group'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
=56+0-33.89
=22.11

* 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 22.11 mean?
MYR Group (FRA:MYP) has a Cash Conversion Cycle of 22.11 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on MYR Group and its competitors.
Is MYR Group's Cash Conversion Cycle too high?
MYR Group's current Cash Conversion Cycle is 22.11. The Construction industry median Cash Conversion Cycle is 55.82. MYR Group's value of 22.11 is 60.4% below this industry median. Overall, MYR Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MYR Group's Cash Conversion Cycle compare to FLR and TTEK?
MYR Group's Cash Conversion Cycle of 22.11 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. MYR Group's value of 22.11 is 60.4% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, based on 1,762 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. MYR Group's current Cash Conversion Cycle of 22.11 is 60.4% 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 MYR Group and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MYR Group's current Cash Conversion Cycle is 22.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MYR Group stock overvalued right now?
Based on GuruFocus' analysis, MYR Group (FRA:MYP) is currently considered Significantly Overvalued. The stock's GF Value™ is €159.55, compared to a current price of €439.70 — trading 175.6% above its estimated fair value. The current Cash Conversion Cycle is 22.11 and 60.4% below the Construction industry median of 55.82. MYR Group's overall GF Score™ is 83/100 with 8 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 MYR Group (FRA:MYP), the current Cash Conversion Cycle is 22.11 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 MYR Group (FRA:MYP) Overvalued in 2026?

Based on GuruFocus' analysis, MYR Group stock appears to be overvalued. The current stock price of €439.70 is trading 175.6% above its estimated GF Value™ of €159.55. GuruFocus considers MYR Group to be Significantly Overvalued.

Key valuation signals for FRA:MYP:

  • Cash Conversion Cycle: 22.11
  • GF Value™: €159.55 vs. price of €439.70 (175.6% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 60.4% below the Construction median

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


MYR Group Business Description

Other Exchanges MYRG:USAMYP:Germany
Address 12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
MYR Group Inc is a U.S. based holding company of specialty electrical construction service providers. Through its subsidiaries, it serves electric utility, commercial, and industrial construction markets in the United States and Canada, offering services such as design, engineering, procurement, construction, upgrades, maintenance, and repair, with a focus on construction, maintenance, and repair work. The company operates through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The majority of revenue is derived from the T&D segment, which provides a range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services.
83GF Score

Get the complete analysis for FRA:MYP

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

€439.70
Price
€159.55
GF Value