Shelly Group SE (FRA:SLYG) Cash Conversion Cycle: 264.31 (As of Mar. 2026)


FRA:SLYG Shelly Group SE FRA:SLYG
93 GF Score
Price €56.50
GF Value €66.08
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shelly Group SE Cash Conversion Cycle?

Shelly Group SE FRA:SLYG -3.09% 93 Cash Conversion Cycle is 264.31 as of Mar. 2026. GuruFocus rates FRA:SLYG with a GF Score™ of 93/100 and a GF Value™ of €66.08 (Modestly Undervalued). The stock has 4 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.

Shelly Group SE's Days Sales Outstanding for the three months ended in Mar. 2026 was 180.91.
Shelly Group SE's Days Inventory for the three months ended in Mar. 2026 was 148.15.
Shelly Group SE's Days Payable for the three months ended in Mar. 2026 was 64.75.
Therefore, Shelly Group SE's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 264.31.


Shelly Group SE  (FRA:SLYG) 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.


Shelly Group SE Cash Conversion Cycle Related Terms


Shelly Group SE Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Shelly Group SE'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.

Shelly Group SE Cash Conversion Cycle Chart

Shelly Group SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 147.16 172.69 181.58 200.46 204.56

Shelly Group SE 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 233.39 237.72 237.44 133.07 264.31

FRA:SLYG vs HON, MMM: Cash Conversion Cycle Comparison

For the Conglomerates subindustry, Shelly Group SE'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.


Shelly Group SE Cash Conversion Cycle vs Conglomerates Industry

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

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


FRA:SLYG
93GF Score
Shelly Group SE FRA:SLYG
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Shelly Group SE 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.

Shelly Group SE'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
=119.91+123.48-38.83
=204.56

Shelly Group SE'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
=180.91+148.15-64.75
=264.31

* 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 264.31 mean?
Shelly Group SE (FRA:SLYG) has a Cash Conversion Cycle of 264.31 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Shelly Group SE and its competitors.
Is Shelly Group SE's Cash Conversion Cycle too high?
Shelly Group SE's current Cash Conversion Cycle is 264.31. The Conglomerates industry median Cash Conversion Cycle is 71.11. Shelly Group SE's value of 264.31 is 271.7% above this industry median. Overall, Shelly Group SE has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shelly Group SE's Cash Conversion Cycle compare to HON and MMM?
Shelly Group SE's Cash Conversion Cycle of 264.31 can be compared against companies in the Conglomerates industry. The industry median Cash Conversion Cycle is 71.11. Shelly Group SE's value of 264.31 is 271.7% 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 a Conglomerates company?
The median Cash Conversion Cycle among Conglomerates companies is 71.11, based on 550 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. Shelly Group SE's current Cash Conversion Cycle of 264.31 is 271.7% 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 Shelly Group SE and its competitors. For the Conglomerates industry, the median Cash Conversion Cycle is 71.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shelly Group SE's current Cash Conversion Cycle is 264.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shelly Group SE stock overvalued right now?
Based on GuruFocus' analysis, Shelly Group SE (FRA:SLYG) is currently considered Modestly Undervalued. The stock's GF Value™ is €66.08, compared to a current price of €56.50 — trading 14.5% below its estimated fair value. The current Cash Conversion Cycle is 264.31 and 271.7% above the Conglomerates industry median of 71.11. Shelly Group SE's overall GF Score™ is 93/100 with 4 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 Shelly Group SE (FRA:SLYG), the current Cash Conversion Cycle is 264.31 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 Shelly Group SE (FRA:SLYG) Overvalued in 2026?

Based on GuruFocus' analysis, Shelly Group SE stock appears to be undervalued. The current stock price of €56.50 is trading 14.5% below its estimated GF Value™ of €66.08. GuruFocus considers Shelly Group SE to be Modestly Undervalued.

Key valuation signals for FRA:SLYG:

  • Cash Conversion Cycle: 264.31
  • GF Value™: €66.08 vs. price of €56.50 (14.5% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 271.7% above the Conglomerates median

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


Shelly Group SE Business Description

Address 51 Cherni Vrah Boulevard, Building 3, floor 2 and 3, Capital Municipality, Lozenets Region, Sofia, BGR, 1407
Shelly Group SE is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. The company delivers innovation through designing, producing, and distributing high-quality IoT products. The group manages the business with electronic devices as one operating segment. It derives the majority of its revenue from the sale of smart devices.
93GF Score

Get the complete analysis for FRA:SLYG

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

€56.50
Price
€66.08
GF Value