Neste OYJ's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 28.46.
Neste OYJ's Days Inventory for the
three
months ended in Mar. 2026 was 67.95.
Neste OYJ's Days Payable for the
three
months ended in Mar. 2026 was 53.81.
Therefore, Neste OYJ's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 42.60.
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.
Neste OYJ Cash Conversion Cycle Related Terms
Neste OYJ Cash Conversion Cycle Historical Data
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The historical data trend for Neste OYJ'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.
MEX:NESTEN vs VLO, MPC, PSX: Cash Conversion Cycle Comparison
For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.
Neste OYJ Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Neste OYJ's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Neste OYJ's Cash Conversion Cycle falls into.
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.
Neste OYJ's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Neste OYJ (MEX:NESTEN) has a Cash Conversion Cycle of 42.60 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Neste OYJ and its competitors.
Is Neste OYJ's Cash Conversion Cycle too high?
Neste OYJ's current Cash Conversion Cycle is 42.60. The Oil & Gas industry median Cash Conversion Cycle is 18.48. Neste OYJ's value of 42.60 is 130.5% above this industry median. Overall, Neste OYJ has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Neste OYJ's Cash Conversion Cycle compare to VLO and MPC?
Neste OYJ's Cash Conversion Cycle of 42.60 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.48. Neste OYJ's value of 42.60 is 130.5% 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.48, based on 915 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. Neste OYJ's current Cash Conversion Cycle of 42.60 is 130.5% 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 Neste OYJ and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neste OYJ's current Cash Conversion Cycle is 42.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neste OYJ stock overvalued right now?
Neste OYJ (MEX:NESTEN) has a current Cash Conversion Cycle of 42.60. The stock's GF Value™ is MXN412.25, compared to a current price of MXN593.47 — trading 44% above its estimated fair value. The current Cash Conversion Cycle is 42.60 and 130.5% above the Oil & Gas industry median of 18.48. Neste OYJ's overall GF Score™ is 80/100 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 Neste OYJ (MEX:NESTEN), the current Cash Conversion Cycle is 42.60 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 Neste OYJ (MEX:NESTEN) Overvalued in 2026?
Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued.
The current stock price of MXN593.47 is trading 44% above its estimated GF Value™ of MXN412.25.
Key valuation signals for MEX:NESTEN:
Cash Conversion Cycle: 42.60
GF Value™: MXN412.25 vs. price of MXN593.47 (44% above fair value)
Industry Position: 130.5% above the Oil & Gas median
No single metric tells the full story. See the MEX:NESTEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neste OYJ is a producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The group also produces oil products and has a network of several fuel stations with expanding service offerings, such as EV charging, in Finland and in the Baltics. Neste has three reporting segments: Renewable Products, Oil Products, and Marketing and Services. Maximum revenue is generated from its Oil Products segment, which offers oil products and related services for the road transportation, heavy machinery, agriculture, aviation, and marine sectors, as well as products for the oil and petrochemical industries. Geographically, the group generates maximum revenue from other European countries (excluding Finland), followed by Finland, the USA, and other markets.
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