MYE (Myers Industries) Cash Conversion Cycle: 71.05 (As of Mar. 2026)


MYE Myers Industries Inc MYE
62 GF Score
Price $31.49
GF Value $15.26
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Myers Industries Cash Conversion Cycle?

Myers Industries MYE -2.02% 62 Cash Conversion Cycle is 71.05 as of Mar. 2026. GuruFocus rates MYE with a GF Score™ of 62/100 and a GF Value™ of $15.26 (Significantly Overvalued). The stock has 7 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.

Myers Industries's Days Sales Outstanding for the three months ended in Mar. 2026 was 64.39.
Myers Industries's Days Inventory for the three months ended in Mar. 2026 was 63.94.
Myers Industries's Days Payable for the three months ended in Mar. 2026 was 57.28.
Therefore, Myers Industries's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 71.05.


Myers Industries  (NYSE:MYE) 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.


Myers Industries Cash Conversion Cycle Related Terms


Myers Industries Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Myers Industries'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.

Myers Industries Cash Conversion Cycle Chart

Myers Industries 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 49.70 55.42 64.30 60.91 65.43

Myers Industries 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 86.36 68.15 67.33 66.64 71.05

MYE vs OI, TRS, KRT: Cash Conversion Cycle Comparison

For the Packaging & Containers subindustry, Myers Industries'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.


Myers Industries Cash Conversion Cycle vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Myers Industries's Cash Conversion Cycle falls into.


MYE
62GF Score
Myers Industries Inc MYE
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Myers Industries 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.

Myers Industries'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
=51.87+60.78-47.22
=65.43

Myers Industries'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
=64.39+63.94-57.28
=71.05

* 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 71.05 mean?
Myers Industries (MYE) has a Cash Conversion Cycle of 71.05 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Myers Industries and its competitors.
Is Myers Industries' Cash Conversion Cycle too high?
Myers Industries' current Cash Conversion Cycle is 71.05. The Packaging & Containers industry median Cash Conversion Cycle is 86.40. Myers Industries' value of 71.05 is 17.8% below this industry median. Overall, Myers Industries has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Myers Industries' Cash Conversion Cycle compare to OI and TRS?
Myers Industries' Cash Conversion Cycle of 71.05 can be compared against companies in the Packaging & Containers industry. The industry median Cash Conversion Cycle is 86.40. Myers Industries' value of 71.05 is 17.8% 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 Packaging & Containers company?
The median Cash Conversion Cycle among Packaging & Containers companies is 86.40, based on 389 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. Myers Industries's current Cash Conversion Cycle of 71.05 is 17.8% 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 Myers Industries and its competitors. For the Packaging & Containers industry, the median Cash Conversion Cycle is 86.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myers Industries's current Cash Conversion Cycle is 71.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myers Industries stock overvalued right now?
Based on GuruFocus' analysis, Myers Industries (MYE) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.26, compared to a current price of $31.49 — trading 106.4% above its estimated fair value. The current Cash Conversion Cycle is 71.05 and 17.8% below the Packaging & Containers industry median of 86.40. Myers Industries' overall GF Score™ is 62/100 with 7 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 Myers Industries (MYE), the current Cash Conversion Cycle is 71.05 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 Myers Industries (MYE) Overvalued in 2026?

Based on GuruFocus' analysis, Myers Industries stock appears to be overvalued. The current stock price of $31.49 is trading 106.4% above its estimated GF Value™ of $15.26. GuruFocus considers Myers Industries to be Significantly Overvalued.

Key valuation signals for MYE:

  • Cash Conversion Cycle: 71.05
  • GF Value™: $15.26 vs. price of $31.49 (106.4% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 17.8% below the Packaging & Containers median

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


Myers Industries Business Description

Other Exchanges MJF:Germany
Address 1293 South Main Street, Akron, OH, USA, 44301
Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment manufactures a selection of durable plastic reusable products that are used repeatedly during the course of their service life. The Distribution segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive under-vehicle repair, etc. It generates the majority of its revenue from the Material Handling segment.
62GF Score

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

$31.49
Price
$15.26
GF Value