Spiltan Invest (NGM:SPLTN) Cash Conversion Cycle: 0.20 (As of Jun. 2026)

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NGM:SPLTN Spiltan Invest NGM:SPLTN
75 GF Score
Price kr176.60
GF Value kr351.45
Valuation Significantly Undervalued
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What is Spiltan Invest Cash Conversion Cycle?

Spiltan Invest NGM:SPLTN -0.22% 75 Cash Conversion Cycle is 0.20 as of Jun. 2026. GuruFocus rates NGM:SPLTN with a GF Score™ of 75/100 and a GF Value™ of kr351.45 (Significantly Undervalued).

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Spiltan Invest's Days Sales Outstanding for the three months ended in Jun. 2026 was 0.2.
Spiltan Invest's Days Inventory for the three months ended in Jun. 2026 was 0.
Spiltan Invest's Days Payable for the three months ended in Jun. 2026 was 0.
Therefore, Spiltan Invest's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 0.20.


Spiltan Invest  (NGM:SPLTN) 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.


Spiltan Invest Cash Conversion Cycle Related Terms


Spiltan Invest Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Spiltan Invest'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.

Spiltan Invest Cash Conversion Cycle Chart

Spiltan Invest Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 6.32 -2.84 -9.32 -5.20 -2.39

Spiltan Invest Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.40 135.25 1.40 110.59 0.20

NGM:SPLTN vs BLK, BX, KKR: Cash Conversion Cycle Comparison

For the Asset Management subindustry, Spiltan Invest'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.


Spiltan Invest Cash Conversion Cycle vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Spiltan Invest's Cash Conversion Cycle distribution charts can be found below:

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


NGM:SPLTN
75GF Score
Spiltan Invest NGM:SPLTN
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Spiltan Invest 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.

Spiltan Invest'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
=1.45+0-3.84
=-2.39

Spiltan Invest's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0.2+0-0
=0.20

* 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 0.20 mean?
Spiltan Invest (NGM:SPLTN) has a Cash Conversion Cycle of 0.20 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Spiltan Invest and its competitors.
Is Spiltan Invest's Cash Conversion Cycle too high?
Spiltan Invest's current Cash Conversion Cycle is 0.20. The Asset Management industry median Cash Conversion Cycle is 4.55. Spiltan Invest's value of 0.20 is 95.6% below this industry median. Overall, Spiltan Invest has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spiltan Invest's Cash Conversion Cycle compare to BLK and BX?
Spiltan Invest's Cash Conversion Cycle of 0.20 can be compared against companies in the Asset Management industry. The industry median Cash Conversion Cycle is 4.55. Spiltan Invest's value of 0.20 is 95.6% 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 an Asset Management company?
The median Cash Conversion Cycle among Asset Management companies is 4.55, based on 607 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. Spiltan Invest's current Cash Conversion Cycle of 0.20 is 95.6% 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 Spiltan Invest and its competitors. For the Asset Management industry, the median Cash Conversion Cycle is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spiltan Invest's current Cash Conversion Cycle is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spiltan Invest stock overvalued right now?
Based on GuruFocus' analysis, Spiltan Invest (NGM:SPLTN) is currently considered Significantly Undervalued. The stock's GF Value™ is kr351.45, compared to a current price of kr176.60 — trading 49.8% below its estimated fair value. The current Cash Conversion Cycle is 0.20 and 95.6% below the Asset Management industry median of 4.55. Spiltan Invest's overall GF Score™ is 75/100. 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 Spiltan Invest (NGM:SPLTN), the current Cash Conversion Cycle is 0.20 as of Jun. 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 Spiltan Invest (NGM:SPLTN) Overvalued in 2026?

Based on GuruFocus' analysis, Spiltan Invest stock appears to be undervalued. The current stock price of kr176.60 is trading 49.8% below its estimated GF Value™ of kr351.45. GuruFocus considers Spiltan Invest to be Significantly Undervalued.

Key valuation signals for NGM:SPLTN:

  • Cash Conversion Cycle: 0.20
  • GF Value™: kr351.45 vs. price of kr176.60 (49.8% below fair value)
  • GF Score™: 75/100
  • Industry Position: 95.6% below the Asset Management median

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


Spiltan Invest Business Description

Address Erik Dahlbergsallen 15, Stockholm, SWE, 115 20
Investment AB Spiltan is an investment company that invests in listed and unlisted Swedish growth companies. It currently owns a portfolio consisting of tech, finance, real estate and industry.
75GF Score

Get the complete analysis for NGM:SPLTN

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

kr176.60
Price
kr351.45
GF Value