Honeywell Aerospace's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 45.32.
Honeywell Aerospace's Days Inventory for the
three
months ended in Mar. 2026 was 146.73.
Honeywell Aerospace's Days Payable for the
three
months ended in Mar. 2026 was 96.66.
Therefore, Honeywell Aerospace's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 95.39.
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.
Honeywell Aerospace Cash Conversion Cycle Related Terms
Honeywell Aerospace Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Honeywell Aerospace'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.
Honeywell Aerospace Cash Conversion Cycle Chart
Honeywell Aerospace Annual Data
Trend
Dec23
Dec24
Dec25
Cash Conversion Cycle
0.00
85.00
79.08
Honeywell Aerospace Quarterly Data
Dec24
Mar25
Dec25
Mar26
Cash Conversion Cycle
0.00
81.56
0.00
95.39
HONA vs NOC, TDG, LHX: Cash Conversion Cycle Comparison
For the Aerospace & Defense subindustry, Honeywell Aerospace'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.
Honeywell Aerospace Cash Conversion Cycle vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Honeywell Aerospace's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Honeywell Aerospace'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.
Honeywell Aerospace'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.
Honeywell Aerospace (HONA) has a Cash Conversion Cycle of 95.39 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Honeywell Aerospace and its competitors.
Is Honeywell Aerospace's Cash Conversion Cycle too high?
Honeywell Aerospace's current Cash Conversion Cycle is 95.39. The Aerospace & Defense industry median Cash Conversion Cycle is 136.96. Honeywell Aerospace's value of 95.39 is 30.4% below this industry median. Overall, Honeywell Aerospace has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Honeywell Aerospace's Cash Conversion Cycle compare to NOC and TDG?
Honeywell Aerospace's Cash Conversion Cycle of 95.39 can be compared against companies in the Aerospace & Defense industry. The industry median Cash Conversion Cycle is 136.96. Honeywell Aerospace's value of 95.39 is 30.4% 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 an Aerospace & Defense company?
The median Cash Conversion Cycle among Aerospace & Defense companies is 136.96, based on 348 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. Honeywell Aerospace's current Cash Conversion Cycle of 95.39 is 30.4% 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 Honeywell Aerospace and its competitors. For the Aerospace & Defense industry, the median Cash Conversion Cycle is 136.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Aerospace's current Cash Conversion Cycle is 95.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Aerospace stock overvalued right now?
Honeywell Aerospace (HONA) has a current Cash Conversion Cycle of 95.39. The current Cash Conversion Cycle is 95.39 and 30.4% below the Aerospace & Defense industry median of 136.96. Honeywell Aerospace's overall GF Score™ is 15/100 with 4 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 Honeywell Aerospace (HONA), the current Cash Conversion Cycle is 95.39 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.
Honeywell Aerospace Inc operates as an aerospace and defense supplier of systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its products support original equipment manufacturer (OEM), government, defense prime contractor, and aircraft operator customers across the Commercial Air Transport, Business Aviation, and Defense and Space end markets. The company has three operating segments: Electronic Solutions (ES), Engines & Power Systems (E&PS), and Control Systems (CS ). The majority of revenue is derived from the Electronic Solutions segment, which offers Avionics, Navigation and Sensors, Electromagnetic Defensive Solutions, and Space systems. Geographically, the maximum revenue is generated from the United States.
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