Adecco Group AG (HAM:ADIA) Cash Conversion Cycle: 50.71 (As of Mar. 2026)


HAM:ADIA Adecco Group AG HAM:ADIA
52 GF Score
Price €8.15
GF Value €12.97
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Adecco Group AG Cash Conversion Cycle?

Adecco Group AG HAM:ADIA +7.95% 52 Cash Conversion Cycle is 50.71 as of Mar. 2026. GuruFocus rates HAM:ADIA with a GF Score™ of 52/100 and a GF Value™ of €12.97 (Significantly Undervalued). The stock has 3 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.

Adecco Group AG's Days Sales Outstanding for the three months ended in Mar. 2026 was 69.32.
Adecco Group AG's Days Inventory for the three months ended in Mar. 2026 was 0.
Adecco Group AG's Days Payable for the three months ended in Mar. 2026 was 18.61.
Therefore, Adecco Group AG's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 50.71.


Adecco Group AG  (HAM:ADIA) 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.


Adecco Group AG Cash Conversion Cycle Related Terms


Adecco Group AG Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Adecco Group AG'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.

Adecco Group AG Cash Conversion Cycle Chart

Adecco Group AG 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 51.21 48.24 51.23 52.15 49.21

Adecco Group AG 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 51.98 66.30 67.17 46.77 50.71

HAM:ADIA vs KFY, RHI, TNET: Cash Conversion Cycle Comparison

For the Staffing & Employment Services subindustry, Adecco Group AG'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.


Adecco Group AG Cash Conversion Cycle vs Business Services Industry

For the Business Services industry and Industrials sector, Adecco Group AG's Cash Conversion Cycle distribution charts can be found below:

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


HAM:ADIA
52GF Score
Adecco Group AG HAM:ADIA
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Adecco Group AG 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.

Adecco Group AG'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
=65.78+0-16.57
=49.21

Adecco Group AG'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
=69.32+0-18.61
=50.71

* 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 50.71 mean?
Adecco Group AG (HAM:ADIA) has a Cash Conversion Cycle of 50.71 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Adecco Group AG and its competitors.
Is Adecco Group AG's Cash Conversion Cycle too high?
Adecco Group AG's current Cash Conversion Cycle is 50.71. The Business Services industry median Cash Conversion Cycle is 38.74. Adecco Group AG's value of 50.71 is 30.9% above this industry median. Overall, Adecco Group AG has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adecco Group AG's Cash Conversion Cycle compare to KFY and RHI?
Adecco Group AG's Cash Conversion Cycle of 50.71 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.74. Adecco Group AG's value of 50.71 is 30.9% 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 Business Services company?
The median Cash Conversion Cycle among Business Services companies is 38.74, based on 1,069 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. Adecco Group AG's current Cash Conversion Cycle of 50.71 is 30.9% 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 Adecco Group AG and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adecco Group AG's current Cash Conversion Cycle is 50.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adecco Group AG stock overvalued right now?
Based on GuruFocus' analysis, Adecco Group AG (HAM:ADIA) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.97, compared to a current price of €8.15 — trading 37.2% below its estimated fair value. The current Cash Conversion Cycle is 50.71 and 30.9% above the Business Services industry median of 38.74. Adecco Group AG's overall GF Score™ is 52/100 with 3 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 Adecco Group AG (HAM:ADIA), the current Cash Conversion Cycle is 50.71 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 Adecco Group AG (HAM:ADIA) Overvalued in 2026?

Based on GuruFocus' analysis, Adecco Group AG stock appears to be undervalued. The current stock price of €8.15 is trading 37.2% below its estimated GF Value™ of €12.97. GuruFocus considers Adecco Group AG to be Significantly Undervalued.

Key valuation signals for HAM:ADIA:

  • Cash Conversion Cycle: 50.71
  • GF Value™: €12.97 vs. price of €8.15 (37.2% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 30.9% above the Business Services median

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


Adecco Group AG Business Description

Address Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group provides human capital solutions. The majority of its revenue comes from flexible placement, but the company also offers permanent placement, career transition, outsourcing, and consulting services in engineering, digital, and IT. The company is organized into three business units—Adecco, Akkodis, and LHH—and operates in over 60 countries.
52GF Score

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

€8.15
Price
€12.97
GF Value