NLOP (Net Lease Office Properties) Cash Conversion Cycle: -1,725.00 (As of Mar. 2026)


NLOP Net Lease Office Properties NLOP
42 GF Score
Price $11.22
GF Value $16.67
Valuation Possible Value Trap
! 6 Warning Signs
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What is Net Lease Office Properties Cash Conversion Cycle?

Net Lease Office Properties NLOP -1.23% 42 Cash Conversion Cycle is -1,725.00 as of Mar. 2026. GuruFocus rates NLOP with a GF Score™ of 42/100 and a GF Value™ of $16.67 (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.

Net Lease Office Properties's Days Sales Outstanding for the three months ended in Mar. 2026 was 0.
Net Lease Office Properties's Days Inventory for the three months ended in Mar. 2026 was 0.
Net Lease Office Properties's Days Payable for the three months ended in Mar. 2026 was 1725.
Therefore, Net Lease Office Properties's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -1,725.00.


Net Lease Office Properties  (NYSE:NLOP) 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.


Net Lease Office Properties Cash Conversion Cycle Related Terms


Net Lease Office Properties Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Net Lease Office Properties'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.

Net Lease Office Properties Cash Conversion Cycle Chart

Net Lease Office Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial -615.91 -528.74 -527.95 -433.31 -513.69

Net Lease Office Properties Quarterly Data
Dec20 Dec21 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 -406.12 -397.45 -468.06 -554.18 -1,725.00

NLOP vs ONL, FSP, CMCT: Cash Conversion Cycle Comparison

For the REIT - Office subindustry, Net Lease Office Properties'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.


Net Lease Office Properties Cash Conversion Cycle vs REITs Industry

For the REITs industry and Real Estate sector, Net Lease Office Properties's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Net Lease Office Properties's Cash Conversion Cycle falls into.


NLOP
42GF Score
Net Lease Office Properties NLOP
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Net Lease Office Properties 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.

Net Lease Office Properties'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
=0+0-513.69
=-513.69

Net Lease Office Properties'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
=0+0-1725
=-1,725.00

* 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 -1,725.00 mean?
Net Lease Office Properties (NLOP) has a Cash Conversion Cycle of -1,725.00 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Net Lease Office Properties and its competitors.
Is Net Lease Office Properties' Cash Conversion Cycle too high?
Net Lease Office Properties' current Cash Conversion Cycle is -1,725.00. Overall, Net Lease Office Properties has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Net Lease Office Properties' Cash Conversion Cycle compare to ONL and FSP?
Net Lease Office Properties' Cash Conversion Cycle of -1,725.00 can be compared against companies in the REITs industry. 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 REITs company?
A good Cash Conversion Cycle depends on the REITs industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Net Lease Office Properties and its competitors. Net Lease Office Properties's current Cash Conversion Cycle is -1,725.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Lease Office Properties stock overvalued right now?
Based on GuruFocus' analysis, Net Lease Office Properties (NLOP) is currently considered Possible Value Trap. The stock's GF Value™ is $16.67, compared to a current price of $11.22 — trading 32.7% below its estimated fair value. The current Cash Conversion Cycle is -1,725.00. Net Lease Office Properties' overall GF Score™ is 42/100 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 Net Lease Office Properties (NLOP), the current Cash Conversion Cycle is -1,725.00 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 Net Lease Office Properties (NLOP) Overvalued in 2026?

Based on GuruFocus' analysis, Net Lease Office Properties stock appears to be undervalued. The current stock price of $11.22 is trading 32.7% below its estimated GF Value™ of $16.67. GuruFocus considers Net Lease Office Properties to be Possible Value Trap.

Key valuation signals for NLOP:

  • Cash Conversion Cycle: -1,725.00
  • GF Value™: $16.67 vs. price of $11.22 (32.7% below fair value)
  • GF Score™: 42/100 with 6 warning signs

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


Net Lease Office Properties Business Description

Industry Real EstateREITs
Address 395 9th Avenue, 58th Floor, One Manhattan West, New York, NY, USA, 10001
Net Lease Office Properties is a Maryland real estate investment trust that, together with its consolidated subsidiaries, owns, operates, and finances a diversified portfolio of office properties mainly leased to corporate tenants on a single-tenant, net-lease basis. The company operates as a single operating and reportable segment focused on owning and managing office properties that generate revenue mainly from long-term lease agreements with tenants.
42GF Score

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

$11.22
Price
$16.67
GF Value