Mercia Asset Management (LSE:MERC) Cash Conversion Cycle: -65.91 (As of Mar. 2026)


LSE:MERC Mercia Asset Management PLC LSE:MERC
56 GF Score
Price £0.27
GF Value £0.32
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Mercia Asset Management Cash Conversion Cycle?

Mercia Asset Management LSE:MERC 56 Cash Conversion Cycle is -65.91 as of Mar. 2026. GuruFocus rates LSE:MERC with a GF Score™ of 56/100 and a GF Value™ of £0.32 (Modestly Undervalued). 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.

Mercia Asset Management's Days Sales Outstanding for the six months ended in Mar. 2026 was 41.68.
Mercia Asset Management's Days Inventory for the six months ended in Mar. 2026 was 0.
Mercia Asset Management's Days Payable for the six months ended in Mar. 2026 was 107.59.
Therefore, Mercia Asset Management's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was -65.91.


Mercia Asset Management  (LSE:MERC) 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.


Mercia Asset Management Cash Conversion Cycle Related Terms


Mercia Asset Management Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Mercia Asset Management'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.

Mercia Asset Management Cash Conversion Cycle Chart

Mercia Asset Management Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.07 3.42 8.29 4.04 -75.82

Mercia Asset Management 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 -127.76 -94.23 -136.96 17.04 -65.91

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

For the Asset Management subindustry, Mercia Asset Management'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.


Mercia Asset Management Cash Conversion Cycle vs Asset Management Industry

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

* The bar in red indicates where Mercia Asset Management's Cash Conversion Cycle falls into.


LSE:MERC
56GF Score
Mercia Asset Management PLC LSE:MERC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercia Asset Management 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.

Mercia Asset Management's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=30.09+0-105.91
=-75.82

Mercia Asset Management'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
=41.68+0-107.59
=-65.91

* 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 -65.91 mean?
Mercia Asset Management (LSE:MERC) has a Cash Conversion Cycle of -65.91 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Mercia Asset Management and its competitors.
Is Mercia Asset Management's Cash Conversion Cycle too high?
Mercia Asset Management's current Cash Conversion Cycle is -65.91. Overall, Mercia Asset Management has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercia Asset Management's Cash Conversion Cycle compare to BLK and BX?
Mercia Asset Management's Cash Conversion Cycle of -65.91 can be compared against companies in the Asset Management industry. The industry median Cash Conversion Cycle is 4.78. 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. 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 Mercia Asset Management 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. Mercia Asset Management's current Cash Conversion Cycle is -65.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercia Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Mercia Asset Management (LSE:MERC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.32, compared to a current price of £0.27 — trading 17.2% below its estimated fair value. The current Cash Conversion Cycle is -65.91. Mercia Asset Management's overall GF Score™ is 56/100 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 Mercia Asset Management (LSE:MERC), the current Cash Conversion Cycle is -65.91 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 Mercia Asset Management (LSE:MERC) Overvalued in 2026?

Based on GuruFocus' analysis, Mercia Asset Management stock appears to be undervalued. The current stock price of £0.27 is trading 17.2% below its estimated GF Value™ of £0.32. GuruFocus considers Mercia Asset Management to be Modestly Undervalued.

Key valuation signals for LSE:MERC:

  • Cash Conversion Cycle: -65.91
  • GF Value™: £0.32 vs. price of £0.27 (17.2% below fair value)
  • GF Score™: 56/100 with 6 warning signs

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


Mercia Asset Management Business Description

Address 17 High Street, Forward House, Henley-in-Arden, Warwickshire, GBR, B95 5AA
Mercia Asset Management PLC is a specialist asset manager focusing on supporting regional SMEs. The company provides capital across its four asset classes proprietary balance sheet capital, venture capital, private equity, and debt. The company initially nurtures businesses via its third-party funds under management and then, over time, provides further funding to the companies by deploying direct investment follow-on capital from its balance sheet. It has more than eight offices in the UK region, approx. 20 university partnerships and extensive personal networks, providing it with access to high-quality deal flow.
56GF Score

Get the complete analysis for LSE:MERC

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

£0.27
Price
£0.32
GF Value