The Hershey Co (MEX:HSY) Cash Conversion Cycle: 50.23 (As of Mar. 2026)


MEX:HSY The Hershey Co MEX:HSY
74 GF Score
Price MXN3,090.00
GF Value MXN3,726.67
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is The Hershey Co Cash Conversion Cycle?

The Hershey Co MEX:HSY 74 Cash Conversion Cycle is 50.23 as of Mar. 2026. GuruFocus rates MEX:HSY with a GF Score™ of 74/100 and a GF Value™ of MXN3,726.67 (Modestly Undervalued). 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.

The Hershey Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 25.03.
The Hershey Co's Days Inventory for the three months ended in Mar. 2026 was 69.26.
The Hershey Co's Days Payable for the three months ended in Mar. 2026 was 44.06.
Therefore, The Hershey Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 50.23.


The Hershey Co  (MEX:HSY) 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.


The Hershey Co Cash Conversion Cycle Related Terms


The Hershey Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for The Hershey Co'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.

The Hershey Co Cash Conversion Cycle Chart

The Hershey Co 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 50.59 40.68 54.72 55.64 52.05

The Hershey Co 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 55.70 77.60 69.30 60.91 50.23

MEX:HSY vs TR, SOWG, RMCF: Cash Conversion Cycle Comparison

For the Confectioners subindustry, The Hershey Co'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.


The Hershey Co Cash Conversion Cycle vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's Cash Conversion Cycle distribution charts can be found below:

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


MEX:HSY
74GF Score
The Hershey Co MEX:HSY
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hershey Co 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.

The Hershey Co'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
=25.86+67.69-41.5
=52.05

The Hershey Co'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
=25.03+69.26-44.06
=50.23

* 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 50.23 mean?
The Hershey Co (MEX:HSY) has a Cash Conversion Cycle of 50.23 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on The Hershey Co and its competitors.
Is The Hershey Co's Cash Conversion Cycle too high?
The Hershey Co's current Cash Conversion Cycle is 50.23. The Consumer Packaged Goods industry median Cash Conversion Cycle is 75.44. The Hershey Co's value of 50.23 is 33.4% below this industry median. Overall, The Hershey Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Hershey Co's Cash Conversion Cycle compare to TR and SOWG?
The Hershey Co's Cash Conversion Cycle of 50.23 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 75.44. The Hershey Co's value of 50.23 is 33.4% below 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 Consumer Packaged Goods company?
The median Cash Conversion Cycle among Consumer Packaged Goods companies is 75.44, based on 1,942 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. The Hershey Co's current Cash Conversion Cycle of 50.23 is 33.4% below 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 The Hershey Co and its competitors. For the Consumer Packaged Goods industry, the median Cash Conversion Cycle is 75.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hershey Co's current Cash Conversion Cycle is 50.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hershey Co stock overvalued right now?
Based on GuruFocus' analysis, The Hershey Co (MEX:HSY) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,726.67, compared to a current price of MXN3,090.00 — trading 17.1% below its estimated fair value. The current Cash Conversion Cycle is 50.23 and 33.4% below the Consumer Packaged Goods industry median of 75.44. The Hershey Co's overall GF Score™ is 74/100 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 The Hershey Co (MEX:HSY), the current Cash Conversion Cycle is 50.23 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 The Hershey Co (MEX:HSY) Overvalued in 2026?

Based on GuruFocus' analysis, The Hershey Co stock appears to be undervalued. The current stock price of MXN3,090.00 is trading 17.1% below its estimated GF Value™ of MXN3,726.67. GuruFocus considers The Hershey Co to be Modestly Undervalued.

Key valuation signals for MEX:HSY:

  • Cash Conversion Cycle: 50.23
  • GF Value™: MXN3,726.67 vs. price of MXN3,090.00 (17.1% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 33.4% below the Consumer Packaged Goods median

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


The Hershey Co Business Description

Address 19 East Chocolate Avenue, Hershey, PA, USA, 17033
Hershey is a leading US confectionery manufacturer (around a $55 billion market, according to Euromonitor), controlling 35% of the domestic chocolate aisle. Beyond its namesake label, the firm's portfolio has expanded over the last 85 years and now comprises 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the US, including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confectionery business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its portfolio, as well as Pirate Brands, Dot's Pretzels, and LesserEvil over the past few years.
74GF Score

Get the complete analysis for MEX:HSY

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

MXN3,090.00
Price
MXN3,726.67
GF Value