NCL (Northann) Cash Conversion Cycle: 84.09 (As of Mar. 2026)


NCL Northann Corp NCL
17 GF Score
Price $0.16
GF Value $0.54
Valuation Possible Value Trap
! 6 Warning Signs
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What is Northann Cash Conversion Cycle?

Northann NCL 17 Cash Conversion Cycle is 84.09 as of Mar. 2026. GuruFocus rates NCL with a GF Score™ of 17/100 and a GF Value™ of $0.54 (Possible Value Trap). The stock has 6 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.

Northann's Days Sales Outstanding for the three months ended in Mar. 2026 was 67.71.
Northann's Days Inventory for the three months ended in Mar. 2026 was 102.44.
Northann's Days Payable for the three months ended in Mar. 2026 was 86.06.
Therefore, Northann's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 84.09.


Northann  (AMEX:NCL) 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.


Northann Cash Conversion Cycle Related Terms


Northann Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Northann'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.

Northann Cash Conversion Cycle Chart

Northann Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial -18.36 -21.01 23.38 27.95 111.77

Northann Quarterly Data
Dec20 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 44.91 122.39 48.12 55.45 84.09

NCL vs SNTW, ATER, FGI: Cash Conversion Cycle Comparison

For the Furnishings, Fixtures & Appliances subindustry, Northann'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.


Northann Cash Conversion Cycle vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Northann's Cash Conversion Cycle distribution charts can be found below:

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


NCL
17GF Score
Northann Corp NCL
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Northann 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.

Northann'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
=88.83+148.96-126.02
=111.77

Northann'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
=67.71+102.44-86.06
=84.09

* 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 84.09 mean?
Northann (NCL) has a Cash Conversion Cycle of 84.09 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Northann and its competitors.
Is Northann's Cash Conversion Cycle too high?
Northann's current Cash Conversion Cycle is 84.09. The Furnishings, Fixtures & Appliances industry median Cash Conversion Cycle is 84.83. Northann's value of 84.09 is 0.9% below this industry median. Overall, Northann has a GF Score™ of 17/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northann's Cash Conversion Cycle compare to SNTW and ATER?
Northann's Cash Conversion Cycle of 84.09 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cash Conversion Cycle is 84.83. Northann's value of 84.09 is 0.9% 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 Furnishings, Fixtures & Appliances company?
The median Cash Conversion Cycle among Furnishings, Fixtures & Appliances companies is 84.83, based on 434 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. Northann's current Cash Conversion Cycle of 84.09 is 0.9% 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 Northann and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Conversion Cycle is 84.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northann's current Cash Conversion Cycle is 84.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northann stock overvalued right now?
Based on GuruFocus' analysis, Northann (NCL) is currently considered Possible Value Trap. The stock's GF Value™ is $0.54, compared to a current price of $0.16 — trading 70.6% below its estimated fair value. The current Cash Conversion Cycle is 84.09 and 0.9% below the Furnishings, Fixtures & Appliances industry median of 84.83. Northann's overall GF Score™ is 17/100 with 6 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 Northann (NCL), the current Cash Conversion Cycle is 84.09 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 Northann (NCL) Overvalued in 2026?

Based on GuruFocus' analysis, Northann stock appears to be undervalued. The current stock price of $0.16 is trading 70.6% below its estimated GF Value™ of $0.54. GuruFocus considers Northann to be Possible Value Trap.

Key valuation signals for NCL:

  • Cash Conversion Cycle: 84.09
  • GF Value™: $0.54 vs. price of $0.16 (70.6% below fair value)
  • GF Score™: 17/100 with 6 warning signs
  • Industry Position: 0.9% below the Furnishings, Fixtures & Appliances median

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


Northann Business Description

Address 2251 Catawba River Road, Fort Lawn, SC, USA, 29714
Northann Corp specialized in 3D-printed flooring solutions under its flagship brand, Benchwick. The company's operations span the full spectrum of additive manufacturing, from sourcing recycled ocean plastics to the final production of intricate flooring designs. It offers an extensive range of proprietary solutions, including Infinite Glass, DSE, TruBevel, and MattMaster, mainly through its sales network in North America and Europe.
17GF Score

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

$0.16
Price
$0.54
GF Value