Games Workshop Group's Days Sales Outstanding for the
six
months ended in Nov. 2025 was 10.96.
Games Workshop Group's Days Inventory for the
six
months ended in Nov. 2025 was 75.
Games Workshop Group's Days Payable for the
six
months ended in Nov. 2025 was 21.73.
Therefore, Games Workshop Group's Cash Conversion Cycle (CCC) for the
six
months ended in Nov. 2025 was 64.23.
Games Workshop Group (LSE:GAW) 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.
Games Workshop Group Cash Conversion Cycle Related Terms
Games Workshop Group Cash Conversion Cycle Historical Data
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The historical data trend for Games Workshop 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.
LSE:GAW vs AS, HAS, LTH: Cash Conversion Cycle Comparison
For the Leisure subindustry, Games Workshop 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.
Games Workshop Group Cash Conversion Cycle vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Games Workshop Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Games Workshop Group's Cash Conversion Cycle falls into.
Games Workshop 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.
Games Workshop Group's Cash Conversion Cycle for the fiscal year that ended in May. 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.
Games Workshop Group (LSE:GAW) has a Cash Conversion Cycle of 64.23 as of Nov. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Games Workshop Group and its competitors.
Is Games Workshop Group's Cash Conversion Cycle too high?
Games Workshop Group's current Cash Conversion Cycle is 64.23. The Travel & Leisure industry median Cash Conversion Cycle is 10.35. Games Workshop Group's value of 64.23 is 520.6% above this industry median. Overall, Games Workshop Group has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Games Workshop Group's Cash Conversion Cycle compare to AS and HAS?
Games Workshop Group's Cash Conversion Cycle of 64.23 can be compared against companies in the Travel & Leisure industry. The industry median Cash Conversion Cycle is 10.35. Games Workshop Group's value of 64.23 is 520.6% 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 Travel & Leisure company?
The median Cash Conversion Cycle among Travel & Leisure companies is 10.35, based on 838 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. Games Workshop Group's current Cash Conversion Cycle of 64.23 is 520.6% 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 Games Workshop Group and its competitors. For the Travel & Leisure industry, the median Cash Conversion Cycle is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Games Workshop Group's current Cash Conversion Cycle is 64.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Workshop Group stock overvalued right now?
Based on GuruFocus' analysis, Games Workshop Group (LSE:GAW) is currently considered Significantly Overvalued. The stock's GF Value™ is £147.43, compared to a current price of £211.40 — trading 43.4% above its estimated fair value. The current Cash Conversion Cycle is 64.23 and 520.6% above the Travel & Leisure industry median of 10.35. Games Workshop Group's overall GF Score™ is 95/100 with 5 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 Games Workshop Group (LSE:GAW), the current Cash Conversion Cycle is 64.23 as of Nov. 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 Games Workshop Group (LSE:GAW) Overvalued in 2026?
Based on GuruFocus' analysis, Games Workshop Group stock appears to be overvalued.
The current stock price of £211.40 is trading 43.4% above its estimated GF Value™ of £147.43.
GuruFocus considers Games Workshop Group to be Significantly Overvalued.
Key valuation signals for LSE:GAW:
Cash Conversion Cycle: 64.23
GF Value™: £147.43 vs. price of £211.40 (43.4% above fair value)
Industry Position: 520.6% above the Travel & Leisure median
No single metric tells the full story. See the LSE:GAW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Games Workshop Group PLC designs, manufactures and sells fantasy miniatures and games related products. It carries the manufacturing activity in the UK and sells the same in the different region of the countries such as Continental Europe, North America, and Asia Pacific. It operates through two segments Core and Licensing . The core segment includes all revenue and expenditure relating to the design, manufacture and sales of their fantasy miniatures and related products. The licensing segment includes all revenue and expenditure relating to licences granted to external partners. The company generates majority of its revenue from the core segment.
95GF Score
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