Wizz Air Holdings (FRA:WI2) Cash Conversion Cycle: 2.97 (As of Mar. 2026)


FRA:WI2 Wizz Air Holdings PLC FRA:WI2
75 GF Score
Price €14.18
GF Value €20.73
Valuation Possible Value Trap
! 7 Warning Signs
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What is Wizz Air Holdings Cash Conversion Cycle?

Wizz Air Holdings FRA:WI2 -2.61% 75 Cash Conversion Cycle is 2.97 as of Mar. 2026. GuruFocus rates FRA:WI2 with a GF Score™ of 75/100 and a GF Value™ of €20.73 (Possible Value Trap). The stock has 7 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.

Wizz Air Holdings's Days Sales Outstanding for the six months ended in Mar. 2026 was 37.09.
Wizz Air Holdings's Days Inventory for the six months ended in Mar. 2026 was 20.69.
Wizz Air Holdings's Days Payable for the six months ended in Mar. 2026 was 54.81.
Therefore, Wizz Air Holdings's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 2.97.


Wizz Air Holdings  (FRA:WI2) 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.


Wizz Air Holdings Cash Conversion Cycle Related Terms


Wizz Air Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Wizz Air 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.

Wizz Air Holdings Cash Conversion Cycle Chart

Wizz Air Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.14 14.79 20.43 13.04 -6.70

Wizz Air Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 19.48 15.94 15.92 11.30 2.97

FRA:WI2 vs DAL, UAL, LUV: Cash Conversion Cycle Comparison

For the Airlines subindustry, Wizz Air 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.


Wizz Air Holdings Cash Conversion Cycle vs Transportation Industry

For the Transportation industry and Industrials sector, Wizz Air Holdings's Cash Conversion Cycle distribution charts can be found below:

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


FRA:WI2
75GF Score
Wizz Air Holdings PLC FRA:WI2
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Wizz Air 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.

Wizz Air Holdings's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=24.46+18.86-50.02
=-6.70

Wizz Air 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
=37.09+20.69-54.81
=2.97

* 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 2.97 mean?
Wizz Air Holdings (FRA:WI2) has a Cash Conversion Cycle of 2.97 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Wizz Air Holdings and its competitors.
Is Wizz Air Holdings' Cash Conversion Cycle too high?
Wizz Air Holdings' current Cash Conversion Cycle is 2.97. The Transportation industry median Cash Conversion Cycle is 20.26. Wizz Air Holdings' value of 2.97 is 85.3% below this industry median. Overall, Wizz Air Holdings has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wizz Air Holdings' Cash Conversion Cycle compare to DAL and UAL?
Wizz Air Holdings' Cash Conversion Cycle of 2.97 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.26. Wizz Air Holdings' value of 2.97 is 85.3% 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 Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.26, based on 1,000 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. Wizz Air Holdings's current Cash Conversion Cycle of 2.97 is 85.3% 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 Wizz Air Holdings and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wizz Air Holdings's current Cash Conversion Cycle is 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wizz Air Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wizz Air Holdings (FRA:WI2) is currently considered Possible Value Trap. The stock's GF Value™ is €20.73, compared to a current price of €14.18 — trading 31.6% below its estimated fair value. The current Cash Conversion Cycle is 2.97 and 85.3% below the Transportation industry median of 20.26. Wizz Air Holdings' overall GF Score™ is 75/100 with 7 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 Wizz Air Holdings (FRA:WI2), the current Cash Conversion Cycle is 2.97 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 Wizz Air Holdings (FRA:WI2) Overvalued in 2026?

Based on GuruFocus' analysis, Wizz Air Holdings stock appears to be undervalued. The current stock price of €14.18 is trading 31.6% below its estimated GF Value™ of €20.73. GuruFocus considers Wizz Air Holdings to be Possible Value Trap.

Key valuation signals for FRA:WI2:

  • Cash Conversion Cycle: 2.97
  • GF Value™: €20.73 vs. price of €14.18 (31.6% below fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 85.3% below the Transportation median

No single metric tells the full story. See the FRA:WI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wizz Air Holdings Business Description

Address 44 The Esplanade, Saint Helier, JEY, JE4 9WG
Wizz Air is a leading ultra-low-cost airline group operating primarily across Europe, the Middle East, North Africa, and parts of Central and Western Asia. Founded in 2003, the company provides scheduled short- and medium-haul point-to-point services under the Wizz Air brand. As of March 2025, Wizz operated a fleet of 257 aircraft, serving around 185 destinations in over 46 countries. The fleet is primarily composed of Airbus A320neo aircraft, with an ongoing transition toward higher-capacity A321neo planes to support long-term unit cost efficiency.
75GF Score

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

€14.18
Price
€20.73
GF Value