Air Astana JSC (LSE:AIRA) Cash Conversion Cycle: 15.30 (As of Mar. 2026)


LSE:AIRA Air Astana JSC LSE:AIRA
46 GF Score
Price $5.32
! 7 Warning Signs
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What is Air Astana JSC Cash Conversion Cycle?

Air Astana JSC LSE:AIRA 46 Cash Conversion Cycle is 15.30 as of Mar. 2026. GuruFocus rates LSE:AIRA with a GF Score™ of 46/100. The stock has 7 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.

Air Astana JSC's Days Sales Outstanding for the three months ended in Mar. 2026 was 10.69.
Air Astana JSC's Days Inventory for the three months ended in Mar. 2026 was 28.54.
Air Astana JSC's Days Payable for the three months ended in Mar. 2026 was 23.93.
Therefore, Air Astana JSC's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 15.30.


Air Astana JSC  (LSE:AIRA) 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.


Air Astana JSC Cash Conversion Cycle Related Terms


Air Astana JSC Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Air Astana JSC'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.

Air Astana JSC Cash Conversion Cycle Chart

Air Astana JSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 18.77 10.36 8.01 6.66 8.15

Air Astana JSC Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 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 6.51 3.03 1.97 8.21 15.30

LSE:AIRA vs DAL, UAL, LUV: Cash Conversion Cycle Comparison

For the Airlines subindustry, Air Astana JSC'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.


Air Astana JSC Cash Conversion Cycle vs Transportation Industry

For the Transportation industry and Industrials sector, Air Astana JSC's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Air Astana JSC's Cash Conversion Cycle falls into.


LSE:AIRA
46GF Score
Air Astana JSC LSE:AIRA
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Astana JSC 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.

Air Astana JSC'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
=5.72+22.62-20.19
=8.15

Air Astana JSC'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
=10.69+28.54-23.93
=15.30

* 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 15.30 mean?
Air Astana JSC (LSE:AIRA) has a Cash Conversion Cycle of 15.30 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Air Astana JSC and its competitors.
Is Air Astana JSC's Cash Conversion Cycle too high?
Air Astana JSC's current Cash Conversion Cycle is 15.30. The Transportation industry median Cash Conversion Cycle is 20.26. Air Astana JSC's value of 15.30 is 24.5% below this industry median. Overall, Air Astana JSC has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Air Astana JSC's Cash Conversion Cycle compare to DAL and UAL?
Air Astana JSC's Cash Conversion Cycle of 15.30 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.26. Air Astana JSC's value of 15.30 is 24.5% 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 Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.26, based on 1,000 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. Air Astana JSC's current Cash Conversion Cycle of 15.30 is 24.5% 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 Air Astana JSC and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Astana JSC's current Cash Conversion Cycle is 15.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Astana JSC stock overvalued right now?
Air Astana JSC (LSE:AIRA) has a current Cash Conversion Cycle of 15.30. The current Cash Conversion Cycle is 15.30 and 24.5% below the Transportation industry median of 20.26. Air Astana JSC's overall GF Score™ is 46/100 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 Air Astana JSC (LSE:AIRA), the current Cash Conversion Cycle is 15.30 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.

Air Astana JSC Business Description

Address 4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 050039
Air Astana JSC is an airline company engaged in providing scheduled and charter, point-to-point and transit, short-haul and long-haul passenger air transportation and cargo services on domestic, regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East, and Asia (including India and China). The group has two reportable segments. The Air Astana segment operates as a full-service airline brand providing domestic and international passenger and cargo transportation services. The FlyArystan segment operates as a low-cost airline brand providing scheduled short-haul and medium-haul passenger air transportation services across Kazakhstan and neighboring regions, including the Caucasus, Central Asia, Turkey, and the Middle East.
46GF Score

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