Marten Transport's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 39.84.
Marten Transport's Days Inventory for the
three
months ended in Mar. 2026 was 0.
Marten Transport's Days Payable for the
three
months ended in Mar. 2026 was 14.36.
Therefore, Marten Transport's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 25.48.
Marten Transport (NAS:MRTN) 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.
Marten Transport Cash Conversion Cycle Related Terms
Marten Transport Cash Conversion Cycle Historical Data
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The historical data trend for Marten Transport'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.
MRTN vs HTLD, CVLG, ULH: Cash Conversion Cycle Comparison
For the Trucking subindustry, Marten Transport'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.
Marten Transport Cash Conversion Cycle vs Transportation Industry
For the Transportation industry and Industrials sector, Marten Transport's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Marten Transport's Cash Conversion Cycle falls into.
Marten Transport 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.
Marten Transport'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.
Marten Transport (MRTN) has a Cash Conversion Cycle of 25.48 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Marten Transport and its competitors.
Is Marten Transport's Cash Conversion Cycle too high?
Marten Transport's current Cash Conversion Cycle is 25.48. The Transportation industry median Cash Conversion Cycle is 20.28. Marten Transport's value of 25.48 is 25.6% above this industry median. Overall, Marten Transport has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marten Transport's Cash Conversion Cycle compare to HTLD and CVLG?
Marten Transport's Cash Conversion Cycle of 25.48 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.28. Marten Transport's value of 25.48 is 25.6% 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 Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.28, based on 999 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. Marten Transport's current Cash Conversion Cycle of 25.48 is 25.6% 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 Marten Transport and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marten Transport's current Cash Conversion Cycle is 25.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marten Transport stock overvalued right now?
Based on GuruFocus' analysis, Marten Transport (MRTN) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.74, compared to a current price of $17.46 — trading 27.1% above its estimated fair value. The current Cash Conversion Cycle is 25.48 and 25.6% above the Transportation industry median of 20.28. Marten Transport's overall GF Score™ is 70/100 with 10 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 Marten Transport (MRTN), the current Cash Conversion Cycle is 25.48 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 Marten Transport (MRTN) Overvalued in 2026?
Based on GuruFocus' analysis, Marten Transport stock appears to be overvalued.
The current stock price of $17.46 is trading 27.1% above its estimated GF Value™ of $13.74.
GuruFocus considers Marten Transport to be Modestly Overvalued.
Key valuation signals for MRTN:
Cash Conversion Cycle: 25.48
GF Value™: $13.74 vs. price of $17.46 (27.1% above fair value)
Industry Position: 25.6% above the Transportation median
No single metric tells the full story. See the MRTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marten Transport Ltd is a temperature-sensitive and dry truckload carrier in the United States. The company specializes in transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. The company operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage, generating the majority of its revenue from the Truckload segment. The Truckload segment offers a mix of regional short-haul and medium- to long-haul full-load transportation services transporting food and other consumer packaged goods.
70GF Score
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