Premium Snacks Nordic AB (FRA:N3K) Cash Conversion Cycle: 30.37 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:N3K Premium Snacks Nordic AB FRA:N3K
78 GF Score
Price €2.97
GF Value €2.28
Valuation Modestly Overvalued
View Full Analysis

What is Premium Snacks Nordic AB Cash Conversion Cycle?

Premium Snacks Nordic AB FRA:N3K -0.17% 78 Cash Conversion Cycle is 30.37 as of Mar. 2026. GuruFocus rates FRA:N3K with a GF Score™ of 78/100 and a GF Value™ of €2.28 (Modestly Overvalued).

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

Premium Snacks Nordic AB's Days Sales Outstanding for the three months ended in Mar. 2026 was 36.01.
Premium Snacks Nordic AB's Days Inventory for the three months ended in Mar. 2026 was 51.4.
Premium Snacks Nordic AB's Days Payable for the three months ended in Mar. 2026 was 57.04.
Therefore, Premium Snacks Nordic AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 30.37.


Premium Snacks Nordic AB  (FRA:N3K) 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.


Premium Snacks Nordic AB Cash Conversion Cycle Related Terms


Premium Snacks Nordic AB Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Premium Snacks Nordic AB'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.

Premium Snacks Nordic AB Cash Conversion Cycle Chart

Premium Snacks Nordic AB 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 12.22 20.12 25.74 21.84 24.29

Premium Snacks Nordic AB 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 22.15 21.09 23.39 28.31 30.37

FRA:N3K vs KHC, GIS, HRL: Cash Conversion Cycle Comparison

For the Packaged Foods subindustry, Premium Snacks Nordic AB'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.


Premium Snacks Nordic AB Cash Conversion Cycle vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Premium Snacks Nordic AB's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Premium Snacks Nordic AB's Cash Conversion Cycle falls into.


FRA:N3K
78GF Score
Premium Snacks Nordic AB FRA:N3K
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premium Snacks Nordic AB 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.

Premium Snacks Nordic AB'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
=31+44.71-51.42
=24.29

Premium Snacks Nordic AB'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
=36.01+51.4-57.04
=30.37

* 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 30.37 mean?
Premium Snacks Nordic AB (FRA:N3K) has a Cash Conversion Cycle of 30.37 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Premium Snacks Nordic AB and its competitors.
Is Premium Snacks Nordic AB's Cash Conversion Cycle too high?
Premium Snacks Nordic AB's current Cash Conversion Cycle is 30.37. The Consumer Packaged Goods industry median Cash Conversion Cycle is 75.52. Premium Snacks Nordic AB's value of 30.37 is 59.8% below this industry median. Overall, Premium Snacks Nordic AB has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premium Snacks Nordic AB's Cash Conversion Cycle compare to KHC and GIS?
Premium Snacks Nordic AB's Cash Conversion Cycle of 30.37 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 75.52. Premium Snacks Nordic AB's value of 30.37 is 59.8% 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 Consumer Packaged Goods company?
The median Cash Conversion Cycle among Consumer Packaged Goods companies is 75.52, based on 1,949 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. Premium Snacks Nordic AB's current Cash Conversion Cycle of 30.37 is 59.8% 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 Premium Snacks Nordic AB and its competitors. For the Consumer Packaged Goods industry, the median Cash Conversion Cycle is 75.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premium Snacks Nordic AB's current Cash Conversion Cycle is 30.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premium Snacks Nordic AB stock overvalued right now?
Based on GuruFocus' analysis, Premium Snacks Nordic AB (FRA:N3K) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.28, compared to a current price of €2.97 — trading 30% above its estimated fair value. The current Cash Conversion Cycle is 30.37 and 59.8% below the Consumer Packaged Goods industry median of 75.52. Premium Snacks Nordic AB's overall GF Score™ is 78/100. 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 Premium Snacks Nordic AB (FRA:N3K), the current Cash Conversion Cycle is 30.37 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 Premium Snacks Nordic AB (FRA:N3K) Overvalued in 2026?

Based on GuruFocus' analysis, Premium Snacks Nordic AB stock appears to be overvalued. The current stock price of €2.97 is trading 30% above its estimated GF Value™ of €2.28. GuruFocus considers Premium Snacks Nordic AB to be Modestly Overvalued.

Key valuation signals for FRA:N3K:

  • Cash Conversion Cycle: 30.37
  • GF Value™: €2.28 vs. price of €2.97 (30% above fair value)
  • GF Score™: 78/100
  • Industry Position: 59.8% below the Consumer Packaged Goods median

No single metric tells the full story. See the FRA:N3K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Premium Snacks Nordic AB Business Description

Other Exchanges SNX:Sweden
Address Kullsgardsvagen 18, Laholm, SWE, 312 34
Premium Snacks Nordic AB develops, manufactures and sells high-quality snacks under the brands Gardschips and Exotic Snacks. Under the Exotic Snacks brand, consumers are offered a wide range of high-quality snack products that include everything from natural and spiced nuts, to chocolate dragees, licorice, Asian rice snacks and exotic dried fruits.
78GF Score

Get the complete analysis for FRA:N3K

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

€2.97
Price
€2.28
GF Value