Leslies (HAM:LE30) Cash Conversion Cycle: 124.46 (As of Mar. 2026)


HAM:LE30 Leslies Inc HAM:LE30
57 GF Score
Price €7.75
GF Value €45.45
Valuation Possible Value Trap
! 9 Warning Signs
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What is Leslies Cash Conversion Cycle?

Leslies HAM:LE30 -11.43% 57 Cash Conversion Cycle is 124.46 as of Mar. 2026. GuruFocus rates HAM:LE30 with a GF Score™ of 57/100 and a GF Value™ of €45.45 (Possible Value Trap). The stock has 9 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.

Leslies's Days Sales Outstanding for the three months ended in Mar. 2026 was 9.6.
Leslies's Days Inventory for the three months ended in Mar. 2026 was 163.09.
Leslies's Days Payable for the three months ended in Mar. 2026 was 48.23.
Therefore, Leslies's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 124.46.


Leslies  (HAM:LE30) 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.


Leslies Cash Conversion Cycle Related Terms


Leslies Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Leslies'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.

Leslies Cash Conversion Cycle Chart

Leslies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cash Conversion Cycle
Get a 7-Day Free Trial 46.40 67.61 104.79 101.46 85.33

Leslies 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 166.07 69.00 71.50 133.15 124.46

HAM:LE30 vs PTLE, NPT, SPWH: Cash Conversion Cycle Comparison

For the Specialty Retail subindustry, Leslies'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.


Leslies Cash Conversion Cycle vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Leslies's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Leslies's Cash Conversion Cycle falls into.


HAM:LE30
57GF Score
Leslies Inc HAM:LE30
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leslies 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.

Leslies's Cash Conversion Cycle for the fiscal year that ended in Sep. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=9.73+103.67-28.07
=85.33

Leslies'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
=9.6+163.09-48.23
=124.46

* 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 124.46 mean?
Leslies (HAM:LE30) has a Cash Conversion Cycle of 124.46 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Leslies and its competitors.
Is Leslies' Cash Conversion Cycle too high?
Leslies' current Cash Conversion Cycle is 124.46. The Retail - Cyclical industry median Cash Conversion Cycle is 69.79. Leslies' value of 124.46 is 78.3% above this industry median. Overall, Leslies has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Leslies' Cash Conversion Cycle compare to PTLE and NPT?
Leslies' Cash Conversion Cycle of 124.46 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 69.79. Leslies' value of 124.46 is 78.3% 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 - Cyclical company?
The median Cash Conversion Cycle among Retail - Cyclical companies is 69.79, based on 1,126 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. Leslies's current Cash Conversion Cycle of 124.46 is 78.3% 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 Leslies and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 69.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leslies's current Cash Conversion Cycle is 124.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leslies stock overvalued right now?
Based on GuruFocus' analysis, Leslies (HAM:LE30) is currently considered Possible Value Trap. The stock's GF Value™ is €45.45, compared to a current price of €7.75 — trading 82.9% below its estimated fair value. The current Cash Conversion Cycle is 124.46 and 78.3% above the Retail - Cyclical industry median of 69.79. Leslies' overall GF Score™ is 57/100 with 9 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 Leslies (HAM:LE30), the current Cash Conversion Cycle is 124.46 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 Leslies (HAM:LE30) Overvalued in 2026?

Based on GuruFocus' analysis, Leslies stock appears to be undervalued. The current stock price of €7.75 is trading 82.9% below its estimated GF Value™ of €45.45. GuruFocus considers Leslies to be Possible Value Trap.

Key valuation signals for HAM:LE30:

  • Cash Conversion Cycle: 124.46
  • GF Value™: €45.45 vs. price of €7.75 (82.9% below fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 78.3% above the Retail - Cyclical median

No single metric tells the full story. See the HAM:LE30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leslies Business Description

Other Exchanges LESL:USALE30:Germany
Address 2005 East Indian School Road, Phoenix, AZ, USA, 85016
Leslies Inc is a direct-to-consumer pool and spa care brand offering a comprehensive assortment of products, including chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. The company serves residential pool, residential spa, professional pool, and commercial pool consumers and markets its products through over 1,000 company-operated locations in 39 states and e-commerce websites, operating only in the United States. It operates mainly in the pool and spa aftermarket industry and offers regularly purchased, non-discretionary maintenance items, along with installation and repair services for pool and spa equipment.
57GF Score

Get the complete analysis for HAM:LE30

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

€7.75
Price
€45.45
GF Value