Marston's (LSE:MARS) Cash Conversion Cycle: 8.53 (As of Mar. 2026)


LSE:MARS Marston's PLC LSE:MARS
52 GF Score
Price £0.50
GF Value £0.39
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Marston's Cash Conversion Cycle?

Marston's LSE:MARS -1.57% 52 Cash Conversion Cycle is 8.53 as of Mar. 2026. GuruFocus rates LSE:MARS with a GF Score™ of 52/100 and a GF Value™ of £0.39 (Modestly Overvalued). The stock has 5 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.

Marston's's Days Sales Outstanding for the six months ended in Mar. 2026 was 8.53.
Marston's's Days Inventory for the six months ended in Mar. 2026 was .
Marston's's Days Payable for the six months ended in Mar. 2026 was .
Therefore, Marston's's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 8.53.


Marston's  (LSE:MARS) 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.


Marston's Cash Conversion Cycle Related Terms


Marston's Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Marston's'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.

Marston's Cash Conversion Cycle Chart

Marston's Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -110.00 -73.08 -54.37 -40.50 -47.62

Marston's Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 8.91 8.11 7.66 6.92 8.53

LSE:MARS vs MCD, SBUX, YUM: Cash Conversion Cycle Comparison

For the Restaurants subindustry, Marston's'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.


Marston's Cash Conversion Cycle vs Restaurants Industry

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

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


LSE:MARS
52GF Score
Marston's PLC LSE:MARS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Marston's 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.

Marston's'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
=4.92+13.26-65.8
=-47.62

Marston's'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
=8.53+-
=8.53

* 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 8.53 mean?
Marston's (LSE:MARS) has a Cash Conversion Cycle of 8.53 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Marston's and its competitors.
Is Marston's' Cash Conversion Cycle too high?
Marston's' current Cash Conversion Cycle is 8.53. Overall, Marston's has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marston's' Cash Conversion Cycle compare to MCD and SBUX?
Marston's' Cash Conversion Cycle of 8.53 can be compared against companies in the Restaurants industry. 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 Restaurants company?
A good Cash Conversion Cycle depends on the Restaurants industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Marston's and its competitors. Marston's's current Cash Conversion Cycle is 8.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marston's stock overvalued right now?
Based on GuruFocus' analysis, Marston's (LSE:MARS) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.39, compared to a current price of £0.50 — trading 28.5% above its estimated fair value. The current Cash Conversion Cycle is 8.53. Marston's' overall GF Score™ is 52/100 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 Marston's (LSE:MARS), the current Cash Conversion Cycle is 8.53 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 Marston's (LSE:MARS) Overvalued in 2026?

Based on GuruFocus' analysis, Marston's stock appears to be overvalued. The current stock price of £0.50 is trading 28.5% above its estimated GF Value™ of £0.39. GuruFocus considers Marston's to be Modestly Overvalued.

Key valuation signals for LSE:MARS:

  • Cash Conversion Cycle: 8.53
  • GF Value™: £0.39 vs. price of £0.50 (28.5% above fair value)
  • GF Score™: 52/100 with 5 warning signs

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


Marston's Business Description

Other Exchanges MARZF:USAMARSl:UK
Address Saint Johns Square, Saint Johns House, Wolverhampton, GBR, WV1 4JT
Marston's PLC is a beer brewer and pub operator. It operates more than 1,500 pubs across the United Kingdom under brand names including Marston's Two For One, Milestone Rotisserie, Pitcher & Piano, and Revere. It also licenses and franchises more than 500 other taverns, and it has some locations that offer lodging. The company has five breweries that distribute its beer brands for sale to both out-of-home and at-home customers. Its key beer brands include Hobgoblin, Marston's Pedigree, Wainwright, Ringwood, Brakspear, and Banks's. Roughly 20% of the company's revenue comes from the brewing business; the rest comes from its pub businesses. Virtually all revenue is generated in the United Kingdom.
52GF Score

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

£0.50
Price
£0.39
GF Value