Riot Platforms (MEX:RIOT) Cash Conversion Cycle: 14.82 (As of Mar. 2026)


MEX:RIOT Riot Platforms Inc MEX:RIOT
65 GF Score
Price MXN491.78
GF Value MXN238.27
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Riot Platforms Cash Conversion Cycle?

Riot Platforms MEX:RIOT -1.52% 65 Cash Conversion Cycle is 14.82 as of Mar. 2026. GuruFocus rates MEX:RIOT with a GF Score™ of 65/100 and a GF Value™ of MXN238.27 (Significantly Overvalued). The stock has 8 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.

Riot Platforms's Days Sales Outstanding for the three months ended in Mar. 2026 was 26.28.
Riot Platforms's Days Inventory for the three months ended in Mar. 2026 was 0.
Riot Platforms's Days Payable for the three months ended in Mar. 2026 was 11.46.
Therefore, Riot Platforms's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 14.82.


Riot Platforms  (MEX:RIOT) 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.


Riot Platforms Cash Conversion Cycle Related Terms


Riot Platforms Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Riot Platforms'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.

Riot Platforms Cash Conversion Cycle Chart

Riot Platforms 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 -19.73 -6.87 4.36 -2.43 -2.65

Riot Platforms 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 0.98 0.54 0.31 1.28 14.82

MEX:RIOT vs SNEX, SF, JEF: Cash Conversion Cycle Comparison

For the Capital Markets subindustry, Riot Platforms'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.


Riot Platforms Cash Conversion Cycle vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Riot Platforms's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Riot Platforms's Cash Conversion Cycle falls into.


MEX:RIOT
65GF Score
Riot Platforms Inc MEX:RIOT
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Riot Platforms 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.

Riot Platforms'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
=17.25+0-19.9
=-2.65

Riot Platforms'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
=26.28+0-11.46
=14.82

* 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 14.82 mean?
Riot Platforms (MEX:RIOT) has a Cash Conversion Cycle of 14.82 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Riot Platforms and its competitors.
Is Riot Platforms' Cash Conversion Cycle too high?
Riot Platforms' current Cash Conversion Cycle is 14.82. The Capital Markets industry median Cash Conversion Cycle is 1.64. Riot Platforms' value of 14.82 is 806.4% above this industry median. Overall, Riot Platforms has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Cash Conversion Cycle compare to SNEX and SF?
Riot Platforms' Cash Conversion Cycle of 14.82 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.64. Riot Platforms' value of 14.82 is 806.4% 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 1.64, based on 640 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. Riot Platforms's current Cash Conversion Cycle of 14.82 is 806.4% 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 Riot Platforms and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current Cash Conversion Cycle is 14.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (MEX:RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN238.27, compared to a current price of MXN491.78 — trading 106.4% above its estimated fair value. The current Cash Conversion Cycle is 14.82 and 806.4% above the Capital Markets industry median of 1.64. Riot Platforms' overall GF Score™ is 65/100 with 8 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 Riot Platforms (MEX:RIOT), the current Cash Conversion Cycle is 14.82 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 Riot Platforms (MEX:RIOT) Overvalued in 2026?

Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued. The current stock price of MXN491.78 is trading 106.4% above its estimated GF Value™ of MXN238.27. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for MEX:RIOT:

  • Cash Conversion Cycle: 14.82
  • GF Value™: MXN238.27 vs. price of MXN491.78 (106.4% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 806.4% above the Capital Markets median

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


Riot Platforms Business Description

Address 3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
65GF Score

Get the complete analysis for MEX:RIOT

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

MXN491.78
Price
MXN238.27
GF Value