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.
Greenwave Technology Solutions Cash Conversion Cycle Related Terms
Greenwave Technology Solutions Cash Conversion Cycle Historical Data
* 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.
GWAV vs SENR, SNRG, DXST: Cash Conversion Cycle Comparison
For the Waste Management subindustry, Greenwave Technology Solutions'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.
Greenwave Technology Solutions Cash Conversion Cycle vs Waste Management Industry
For the Waste Management industry and Industrials sector, Greenwave Technology Solutions's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Greenwave Technology Solutions'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.
* 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.
Greenwave Technology Solutions (GWAV) has a Cash Conversion Cycle of 9.90 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Greenwave Technology Solutions and its competitors.
Is Greenwave Technology Solutions' Cash Conversion Cycle too high?
Greenwave Technology Solutions' current Cash Conversion Cycle is 9.90. The Waste Management industry median Cash Conversion Cycle is 50.09. Greenwave Technology Solutions' value of 9.90 is 80.2% below this industry median. Overall, Greenwave Technology Solutions has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Greenwave Technology Solutions' Cash Conversion Cycle compare to SENR and SNRG?
Greenwave Technology Solutions' Cash Conversion Cycle of 9.90 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 50.09. Greenwave Technology Solutions' value of 9.90 is 80.2% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 50.09, based on 240 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. Greenwave Technology Solutions's current Cash Conversion Cycle of 9.90 is 80.2% 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 Greenwave Technology Solutions and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 50.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenwave Technology Solutions's current Cash Conversion Cycle is 9.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenwave Technology Solutions stock overvalued right now?
Based on GuruFocus' analysis, Greenwave Technology Solutions (GWAV) is currently considered Possible Value Trap. The stock's GF Value™ is $5.57, compared to a current price of $3.11 — trading 44.2% below its estimated fair value. The current Cash Conversion Cycle is 9.90 and 80.2% below the Waste Management industry median of 50.09. Greenwave Technology Solutions' overall GF Score™ is 40/100 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 Greenwave Technology Solutions (GWAV), the current Cash Conversion Cycle is 9.90 as of Dec. 2025. 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 Greenwave Technology Solutions (GWAV) Overvalued in 2026?
Based on GuruFocus' analysis, Greenwave Technology Solutions stock appears to be undervalued.
The current stock price of $3.11 is trading 44.2% below its estimated GF Value™ of $5.57.
GuruFocus considers Greenwave Technology Solutions to be Possible Value Trap.
Key valuation signals for GWAV:
Cash Conversion Cycle: 9.90
GF Value™: $5.57 vs. price of $3.11 (44.2% below fair value)
Industry Position: 80.2% below the Waste Management median
No single metric tells the full story. See the GWAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenwave Technology Solutions Business Description
Greenwave Technology Solutions Inc through its subsidiary, is an operator of several metal recycling facilities in Virginia, Ohio, & North Carolina. At these facilities, the company collects, classifies, & processes appliances, construction materials, end-of-life vehicles, boats, & industrial machinery. The company processes these items by crushing, shearing, shredding, separating, & sorting into smaller pieces & categorizes these recycled ferrous, nonferrous, & mixed metal pieces based on density & metal type before sale. For scrap cars, it removes the catalytic converters, aluminum wheels, & batteries for separate processing & sale before shredding the vehicle. The company is organized into three operating segments: Scrap Metal Recycling, Hauling, & Other (comprised of rental income).
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