Altea Green Power SpA (MIL:AGP) Cash Conversion Cycle: 47.13 (As of Mar. 2026)


MIL:AGP Altea Green Power SpA MIL:AGP
83 GF Score
Price €7.25
GF Value €4.57
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Altea Green Power SpA Cash Conversion Cycle?

Altea Green Power SpA MIL:AGP +1.54% 83 Cash Conversion Cycle is 47.13 as of Mar. 2026. GuruFocus rates MIL:AGP with a GF Score™ of 83/100 and a GF Value™ of €4.57 (Significantly Overvalued). The stock has 9 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.

Altea Green Power SpA's Days Sales Outstanding for the three months ended in Mar. 2026 was 47.13.
Altea Green Power SpA's Days Inventory for the three months ended in Mar. 2026 was 0.
Altea Green Power SpA's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, Altea Green Power SpA's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 47.13.


Altea Green Power SpA  (MIL:AGP) 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.


Altea Green Power SpA Cash Conversion Cycle Related Terms


Altea Green Power SpA Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Altea Green Power SpA'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.

Altea Green Power SpA Cash Conversion Cycle Chart

Altea Green Power SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 71.90 198.88 55.78 -94.01 13.68

Altea Green Power SpA Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 18.67 30.07 140.64 2,765.98 47.13

MIL:AGP vs FSLR, NXT, ENPH: Cash Conversion Cycle Comparison

For the Solar subindustry, Altea Green Power SpA'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.


Altea Green Power SpA Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Altea Green Power SpA's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Altea Green Power SpA's Cash Conversion Cycle falls into.


MIL:AGP
83GF Score
Altea Green Power SpA MIL:AGP
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Altea Green Power SpA 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.

Altea Green Power SpA'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
=13.68+0-0
=13.68

Altea Green Power SpA'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
=47.13+0-0
=47.13

* 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 47.13 mean?
Altea Green Power SpA (MIL:AGP) has a Cash Conversion Cycle of 47.13 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Altea Green Power SpA and its competitors.
Is Altea Green Power SpA's Cash Conversion Cycle too high?
Altea Green Power SpA's current Cash Conversion Cycle is 47.13. The Semiconductors industry median Cash Conversion Cycle is 116.11. Altea Green Power SpA's value of 47.13 is 59.4% below this industry median. Overall, Altea Green Power SpA has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altea Green Power SpA's Cash Conversion Cycle compare to FSLR and NXT?
Altea Green Power SpA's Cash Conversion Cycle of 47.13 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.11. Altea Green Power SpA's value of 47.13 is 59.4% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.11, based on 1,021 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. Altea Green Power SpA's current Cash Conversion Cycle of 47.13 is 59.4% 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 Altea Green Power SpA and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altea Green Power SpA's current Cash Conversion Cycle is 47.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altea Green Power SpA stock overvalued right now?
Based on GuruFocus' analysis, Altea Green Power SpA (MIL:AGP) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.57, compared to a current price of €7.25 — trading 58.6% above its estimated fair value. The current Cash Conversion Cycle is 47.13 and 59.4% below the Semiconductors industry median of 116.11. Altea Green Power SpA's overall GF Score™ is 83/100 with 9 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 Altea Green Power SpA (MIL:AGP), the current Cash Conversion Cycle is 47.13 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 Altea Green Power SpA (MIL:AGP) Overvalued in 2026?

Based on GuruFocus' analysis, Altea Green Power SpA stock appears to be overvalued. The current stock price of €7.25 is trading 58.6% above its estimated GF Value™ of €4.57. GuruFocus considers Altea Green Power SpA to be Significantly Overvalued.

Key valuation signals for MIL:AGP:

  • Cash Conversion Cycle: 47.13
  • GF Value™: €4.57 vs. price of €7.25 (58.6% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 59.4% below the Semiconductors median

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


Altea Green Power SpA Business Description

Other Exchanges Q51:Germany
Address Via Pavia 11/B, Rivoli, ITA
Altea Green Power SpA provides systems to produce energy from renewable sources while respecting the environment and improving energy efficiency by reducing energy consumption. It offers assistance in the design, construction, maintenance, and management phases for photovoltaic systems, wind turbines, cogeneration systems, biomass-fueled systems. The Group specializes in the installation of plants and production of energy from renewable sources, the construction of power plants and cogeneration plants, electricity and thermal power distribution networks, and co-development activities of renewable energy production and storage plants.
83GF Score

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

€7.25
Price
€4.57
GF Value