Ashmore Group (LSE:ASHM) Cash Conversion Cycle: 21.85 (As of Dec. 2025)


LSE:ASHM Ashmore Group PLC LSE:ASHM
79 GF Score
Price £1.95
GF Value £1.44
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ashmore Group Cash Conversion Cycle?

Ashmore Group LSE:ASHM +0.46% 79 Cash Conversion Cycle is 21.85 as of Dec. 2025. GuruFocus rates LSE:ASHM with a GF Score™ of 79/100 and a GF Value™ of £1.44 (Significantly Overvalued). The stock has 6 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.

Ashmore Group's Days Sales Outstanding for the six months ended in Dec. 2025 was 121.23.
Ashmore Group's Days Inventory for the six months ended in Dec. 2025 was 0.
Ashmore Group's Days Payable for the six months ended in Dec. 2025 was 99.38.
Therefore, Ashmore Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 21.85.


Ashmore Group  (LSE:ASHM) 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.


Ashmore Group Cash Conversion Cycle Related Terms


Ashmore Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Ashmore Group'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.

Ashmore Group Cash Conversion Cycle Chart

Ashmore Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -231.07 -186.55 -101.50 -104.60 -136.10

Ashmore Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 40.55 110.15 28.61 137.36 21.85

LSE:ASHM vs BLK, BX, KKR: Cash Conversion Cycle Comparison

For the Asset Management subindustry, Ashmore Group'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.


Ashmore Group Cash Conversion Cycle vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ashmore Group's Cash Conversion Cycle distribution charts can be found below:

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


LSE:ASHM
79GF Score
Ashmore Group PLC LSE:ASHM
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashmore Group 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.

Ashmore Group's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=113.11+0-249.21
=-136.10

Ashmore Group's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=121.23+0-99.38
=21.85

* 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 21.85 mean?
Ashmore Group (LSE:ASHM) has a Cash Conversion Cycle of 21.85 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ashmore Group and its competitors.
Is Ashmore Group's Cash Conversion Cycle too high?
Ashmore Group's current Cash Conversion Cycle is 21.85. The Asset Management industry median Cash Conversion Cycle is 4.78. Ashmore Group's value of 21.85 is 357.1% above this industry median. Overall, Ashmore Group has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashmore Group's Cash Conversion Cycle compare to BLK and BX?
Ashmore Group's Cash Conversion Cycle of 21.85 can be compared against companies in the Asset Management industry. The industry median Cash Conversion Cycle is 4.78. Ashmore Group's value of 21.85 is 357.1% 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 an Asset Management company?
The median Cash Conversion Cycle among Asset Management companies is 4.78, based on 603 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. Ashmore Group's current Cash Conversion Cycle of 21.85 is 357.1% 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 Ashmore Group and its competitors. For the Asset Management industry, the median Cash Conversion Cycle is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current Cash Conversion Cycle is 21.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashmore Group stock overvalued right now?
Based on GuruFocus' analysis, Ashmore Group (LSE:ASHM) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.44, compared to a current price of £1.95 — trading 35.6% above its estimated fair value. The current Cash Conversion Cycle is 21.85 and 357.1% above the Asset Management industry median of 4.78. Ashmore Group's overall GF Score™ is 79/100 with 6 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 Ashmore Group (LSE:ASHM), the current Cash Conversion Cycle is 21.85 as of Dec. 2025. 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 Ashmore Group (LSE:ASHM) Overvalued in 2026?

Based on GuruFocus' analysis, Ashmore Group stock appears to be overvalued. The current stock price of £1.95 is trading 35.6% above its estimated GF Value™ of £1.44. GuruFocus considers Ashmore Group to be Significantly Overvalued.

Key valuation signals for LSE:ASHM:

  • Cash Conversion Cycle: 21.85
  • GF Value™: £1.44 vs. price of £1.95 (35.6% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 357.1% above the Asset Management median

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


Ashmore Group Business Description

Address 61 Aldwych, 5th Floor, London, GBR, WC2B 4AE
Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to its client base globally, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments. Geographically, the group derives maximum revenue from the United Kingdom and Ireland, followed by the Americas, and Asia and the Middle East.
79GF Score

Get the complete analysis for LSE:ASHM

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

£1.95
Price
£1.44
GF Value