Kinross Gold (MEX:KGCN) Cash Conversion Cycle: 94.09 (As of Mar. 2026)


MEX:KGCN Kinross Gold Corp MEX:KGCN
83 GF Score
Price MXN413.00
GF Value MXN282.64
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kinross Gold Cash Conversion Cycle?

Kinross Gold MEX:KGCN -18.54% 83 Cash Conversion Cycle is 94.09 as of Mar. 2026. GuruFocus rates MEX:KGCN with a GF Score™ of 83/100 and a GF Value™ of MXN282.64 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Kinross Gold's Days Sales Outstanding for the three months ended in Mar. 2026 was 4.89.
Kinross Gold's Days Inventory for the three months ended in Mar. 2026 was 126.72.
Kinross Gold's Days Payable for the three months ended in Mar. 2026 was 37.52.
Therefore, Kinross Gold's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 94.09.


Kinross Gold  (MEX:KGCN) 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.


Kinross Gold Cash Conversion Cycle Related Terms


Kinross Gold Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Kinross Gold'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.

Kinross Gold Cash Conversion Cycle Chart

Kinross Gold 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 179.97 128.64 126.44 111.89 141.36

Kinross Gold 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 105.11 84.50 73.99 112.44 94.09

MEX:KGCN vs NEM, AU, CDE: Cash Conversion Cycle Comparison

For the Gold subindustry, Kinross Gold'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.


Kinross Gold Cash Conversion Cycle vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kinross Gold's Cash Conversion Cycle distribution charts can be found below:

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


MEX:KGCN
83GF Score
Kinross Gold Corp MEX:KGCN
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinross Gold 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.

Kinross Gold'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
=0+153.77-12.41
=141.36

Kinross Gold'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
=4.89+126.72-37.52
=94.09

* 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 94.09 mean?
Kinross Gold (MEX:KGCN) has a Cash Conversion Cycle of 94.09 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Kinross Gold and its competitors.
Is Kinross Gold's Cash Conversion Cycle too high?
Kinross Gold's current Cash Conversion Cycle is 94.09. The Metals & Mining industry median Cash Conversion Cycle is 15.02. Kinross Gold's value of 94.09 is 526.6% above this industry median. Overall, Kinross Gold has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinross Gold's Cash Conversion Cycle compare to NEM and AU?
Kinross Gold's Cash Conversion Cycle of 94.09 can be compared against companies in the Metals & Mining industry. The industry median Cash Conversion Cycle is 15.02. Kinross Gold's value of 94.09 is 526.6% 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 Metals & Mining company?
The median Cash Conversion Cycle among Metals & Mining companies is 15.02, based on 1,164 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. Kinross Gold's current Cash Conversion Cycle of 94.09 is 526.6% 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 Kinross Gold and its competitors. For the Metals & Mining industry, the median Cash Conversion Cycle is 15.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinross Gold's current Cash Conversion Cycle is 94.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinross Gold stock overvalued right now?
Based on GuruFocus' analysis, Kinross Gold (MEX:KGCN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN282.64, compared to a current price of MXN413.00 — trading 46.1% above its estimated fair value. The current Cash Conversion Cycle is 94.09 and 526.6% above the Metals & Mining industry median of 15.02. Kinross Gold's overall GF Score™ is 83/100 with 1 warning sign 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 Kinross Gold (MEX:KGCN), the current Cash Conversion Cycle is 94.09 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 Kinross Gold (MEX:KGCN) Overvalued in 2026?

Based on GuruFocus' analysis, Kinross Gold stock appears to be overvalued. The current stock price of MXN413.00 is trading 46.1% above its estimated GF Value™ of MXN282.64. GuruFocus considers Kinross Gold to be Significantly Overvalued.

Key valuation signals for MEX:KGCN:

  • Cash Conversion Cycle: 94.09
  • GF Value™: MXN282.64 vs. price of MXN413.00 (46.1% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 526.6% above the Metals & Mining median

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


Kinross Gold Business Description

Address 25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2025. The company had about a decade of gold reserves at the end of 2025. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. Kinross has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada. If developed as we think likely, it could produce an average of more than 500,000 ounces of gold per year for at least a decade, with its unit cash costs likely in the first quartile of the industry cost curve. Though Great Bear's production is likely to be replacement ounces for falling volumes at other mines.
83GF Score

Get the complete analysis for MEX:KGCN

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

MXN413.00
Price
MXN282.64
GF Value