Clean Harbors (MEX:CLH1) Cash Conversion Cycle: 56.84 (As of Mar. 2026)


MEX:CLH1 Clean Harbors Inc MEX:CLH1
57 GF Score
Price MXN5,215.50
GF Value MXN4,249.31
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Clean Harbors Cash Conversion Cycle?

Clean Harbors MEX:CLH1 57 Cash Conversion Cycle is 56.84 as of Mar. 2026. GuruFocus rates MEX:CLH1 with a GF Score™ of 57/100 and a GF Value™ of MXN4,249.31 (Modestly Overvalued). 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.

Clean Harbors's Days Sales Outstanding for the three months ended in Mar. 2026 was 67.39.
Clean Harbors's Days Inventory for the three months ended in Mar. 2026 was 33.09.
Clean Harbors's Days Payable for the three months ended in Mar. 2026 was 43.64.
Therefore, Clean Harbors's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 56.84.


Clean Harbors  (MEX:CLH1) 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.


Clean Harbors Cash Conversion Cycle Related Terms


Clean Harbors Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Clean Harbors'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.

Clean Harbors Cash Conversion Cycle Chart

Clean Harbors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.48 51.36 57.69 47.10 56.03

Clean Harbors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.62 61.94 61.20 57.13 56.84

MEX:CLH1 vs GFL, CWST, NVRI: Cash Conversion Cycle Comparison

For the Waste Management subindustry, Clean Harbors'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.


Clean Harbors Cash Conversion Cycle vs Waste Management Industry

For the Waste Management industry and Industrials sector, Clean Harbors's Cash Conversion Cycle distribution charts can be found below:

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


MEX:CLH1
57GF Score
Clean Harbors Inc MEX:CLH1
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clean Harbors 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.

Clean Harbors'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
=67.19+36-47.16
=56.03

Clean Harbors'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
=67.39+33.09-43.64
=56.84

* 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 56.84 mean?
Clean Harbors (MEX:CLH1) has a Cash Conversion Cycle of 56.84 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Clean Harbors and its competitors.
Is Clean Harbors' Cash Conversion Cycle too high?
Clean Harbors' current Cash Conversion Cycle is 56.84. The Waste Management industry median Cash Conversion Cycle is 49.84. Clean Harbors' value of 56.84 is 14% above this industry median. Overall, Clean Harbors has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Harbors' Cash Conversion Cycle compare to GFL and CWST?
Clean Harbors' Cash Conversion Cycle of 56.84 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 49.84. Clean Harbors' value of 56.84 is 14% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 49.84, based on 241 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. Clean Harbors's current Cash Conversion Cycle of 56.84 is 14% 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 Clean Harbors and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 49.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Harbors's current Cash Conversion Cycle is 56.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Harbors stock overvalued right now?
Based on GuruFocus' analysis, Clean Harbors (MEX:CLH1) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,249.31, compared to a current price of MXN5,215.50 — trading 22.7% above its estimated fair value. The current Cash Conversion Cycle is 56.84 and 14% above the Waste Management industry median of 49.84. Clean Harbors' overall GF Score™ is 57/100 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 Clean Harbors (MEX:CLH1), the current Cash Conversion Cycle is 56.84 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 Clean Harbors (MEX:CLH1) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Harbors stock appears to be overvalued. The current stock price of MXN5,215.50 is trading 22.7% above its estimated GF Value™ of MXN4,249.31. GuruFocus considers Clean Harbors to be Modestly Overvalued.

Key valuation signals for MEX:CLH1:

  • Cash Conversion Cycle: 56.84
  • GF Value™: MXN4,249.31 vs. price of MXN5,215.50 (22.7% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 14% above the Waste Management median

No single metric tells the full story. See the MEX:CLH1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clean Harbors Business Description

Other Exchanges CLH:USACH6:Germany
Address 42 Longwater Drive, Norwell, MA, USA, 02061-9149
Clean Harbors Inc is an environmental and industrial services provider that provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. Environmental Services includes waste collection, transportation, treatment, recycling, and disposal, along with industrial maintenance services. Safety-Kleen Sustainability Solutions provides used oil collection and manufactures base oil, vacuum gas oil, and lubricants. The company generates the majority of its revenues from the Environmental Services segment and operates in the United States, with maximum revenue, and Canada.
57GF Score

Get the complete analysis for MEX:CLH1

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

MXN5,215.50
Price
MXN4,249.31
GF Value