Kesko Oyj's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 33.22.
Kesko Oyj's Days Inventory for the
three
months ended in Mar. 2026 was 43.66.
Kesko Oyj's Days Payable for the
three
months ended in Mar. 2026 was 52.36.
Therefore, Kesko Oyj's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 24.52.
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.
Kesko Oyj Cash Conversion Cycle Related Terms
Kesko Oyj Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Kesko Oyj'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.
HAM:KEK vs KR, SFM, ACI: Cash Conversion Cycle Comparison
For the Grocery Stores subindustry, Kesko Oyj'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.
Kesko Oyj Cash Conversion Cycle vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Kesko Oyj'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.
Kesko Oyj's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Kesko Oyj (HAM:KEK) has a Cash Conversion Cycle of 24.52 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Kesko Oyj and its competitors.
Is Kesko Oyj's Cash Conversion Cycle too high?
Kesko Oyj's current Cash Conversion Cycle is 24.52. The Retail - Defensive industry median Cash Conversion Cycle is 19.65. Kesko Oyj's value of 24.52 is 24.8% above this industry median. Overall, Kesko Oyj has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Kesko Oyj's Cash Conversion Cycle compare to KR and SFM?
Kesko Oyj's Cash Conversion Cycle of 24.52 can be compared against companies in the Retail - Defensive industry. The industry median Cash Conversion Cycle is 19.65. Kesko Oyj's value of 24.52 is 24.8% 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 Retail - Defensive company?
The median Cash Conversion Cycle among Retail - Defensive companies is 19.65, based on 309 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. Kesko Oyj's current Cash Conversion Cycle of 24.52 is 24.8% 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 Kesko Oyj and its competitors. For the Retail - Defensive industry, the median Cash Conversion Cycle is 19.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kesko Oyj's current Cash Conversion Cycle is 24.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kesko Oyj stock overvalued right now?
Kesko Oyj (HAM:KEK) has a current Cash Conversion Cycle of 24.52. The stock's GF Value™ is €19.25, compared to a current price of €19.39 — trading 0.7% above its estimated fair value. The current Cash Conversion Cycle is 24.52 and 24.8% above the Retail - Defensive industry median of 19.65. Kesko Oyj's overall GF Score™ is 75/100 with 8 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 Kesko Oyj (HAM:KEK), the current Cash Conversion Cycle is 24.52 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 Kesko Oyj (HAM:KEK) Overvalued in 2026?
Based on GuruFocus' analysis, Kesko Oyj stock appears to be overvalued.
The current stock price of €19.39 is trading 0.7% above its estimated GF Value™ of €19.25.
Key valuation signals for HAM:KEK:
Cash Conversion Cycle: 24.52
GF Value™: €19.25 vs. price of €19.39 (0.7% above fair value)
Industry Position: 24.8% above the Retail - Defensive median
No single metric tells the full story. See the HAM:KEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the maximum revenue.
75GF Score
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