Mirion Technologies's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 64.31.
Mirion Technologies's Days Inventory for the
three
months ended in Mar. 2026 was 102.29.
Mirion Technologies's Days Payable for the
three
months ended in Mar. 2026 was 40.68.
Therefore, Mirion Technologies's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 125.92.
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.
Mirion Technologies Cash Conversion Cycle Related Terms
Mirion Technologies Cash Conversion Cycle Historical Data
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The historical data trend for Mirion Technologies'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.
MIR vs CSW, SMR, FELE: Cash Conversion Cycle Comparison
For the Specialty Industrial Machinery subindustry, Mirion Technologies'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.
Mirion Technologies Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mirion Technologies's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Mirion Technologies'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.
Mirion Technologies'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.
Mirion Technologies (MIR) has a Cash Conversion Cycle of 125.92 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Mirion Technologies and its competitors.
Is Mirion Technologies' Cash Conversion Cycle too high?
Mirion Technologies' current Cash Conversion Cycle is 125.92. The Industrial Products industry median Cash Conversion Cycle is 122.34. Mirion Technologies' value of 125.92 is 2.9% above this industry median. Overall, Mirion Technologies has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mirion Technologies' Cash Conversion Cycle compare to CSW and SMR?
Mirion Technologies' Cash Conversion Cycle of 125.92 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.34. Mirion Technologies' value of 125.92 is 2.9% 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 Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.34, based on 3,033 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. Mirion Technologies's current Cash Conversion Cycle of 125.92 is 2.9% 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 Mirion Technologies and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirion Technologies's current Cash Conversion Cycle is 125.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirion Technologies stock overvalued right now?
Based on GuruFocus' analysis, Mirion Technologies (MIR) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.53, compared to a current price of $18.45 — trading 36.4% above its estimated fair value. The current Cash Conversion Cycle is 125.92 and 2.9% above the Industrial Products industry median of 122.34. Mirion Technologies' overall GF Score™ is 53/100 with 5 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 Mirion Technologies (MIR), the current Cash Conversion Cycle is 125.92 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 Mirion Technologies (MIR) Overvalued in 2026?
Based on GuruFocus' analysis, Mirion Technologies stock appears to be overvalued.
The current stock price of $18.45 is trading 36.4% above its estimated GF Value™ of $13.53.
GuruFocus considers Mirion Technologies to be Significantly Overvalued.
Key valuation signals for MIR:
Cash Conversion Cycle: 125.92
GF Value™: $13.53 vs. price of $18.45 (36.4% above fair value)
Industry Position: 2.9% above the Industrial Products median
No single metric tells the full story. See the MIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirion Technologies Inc provides products, services, and software that allow customers to safely leverage the power of ionizing radiation for applications that benefit the health, safety, vitality, and technological progress of the human experience. The Company manages its operations through two segments: Nuclear & Safety and Medical. The Medical segment improves the quality and safety of cancer care delivery and supports applications across medical diagnostics and practitioner safety. The Nuclear & Safety segment powers advancements in nuclear energy and critical radiation safety, measurement and analysis applications across laboratories, research and other industrial markets such as defense.
53GF Score
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