Turners Automotive Group's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 274.06.
Turners Automotive Group's Days Inventory for the
six
months ended in Mar. 2026 was 41.5.
Turners Automotive Group's Days Payable for the
six
months ended in Mar. 2026 was 64.85.
Therefore, Turners Automotive Group's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 250.71.
Turners Automotive Group (NZSE:TRA) 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.
Turners Automotive Group Cash Conversion Cycle Related Terms
Turners Automotive Group Cash Conversion Cycle Historical Data
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The historical data trend for Turners Automotive Group'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.
Turners Automotive Group Cash Conversion Cycle Chart
NZSE:TRA vs CVNA, PAG, ALTB: Cash Conversion Cycle Comparison
For the Auto & Truck Dealerships subindustry, Turners Automotive Group'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.
Turners Automotive Group Cash Conversion Cycle vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Turners Automotive Group's Cash Conversion Cycle falls into.
Turners Automotive Group 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.
Turners Automotive Group's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
Turners Automotive Group (NZSE:TRA) has a Cash Conversion Cycle of 250.71 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Turners Automotive Group and its competitors.
Is Turners Automotive Group's Cash Conversion Cycle too high?
Turners Automotive Group's current Cash Conversion Cycle is 250.71. The Vehicles & Parts industry median Cash Conversion Cycle is 67.26. Turners Automotive Group's value of 250.71 is 272.7% above this industry median. Overall, Turners Automotive Group has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turners Automotive Group's Cash Conversion Cycle compare to CVNA and PAG?
Turners Automotive Group's Cash Conversion Cycle of 250.71 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.26. Turners Automotive Group's value of 250.71 is 272.7% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.26, based on 1,323 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. Turners Automotive Group's current Cash Conversion Cycle of 250.71 is 272.7% 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 Turners Automotive Group and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turners Automotive Group's current Cash Conversion Cycle is 250.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turners Automotive Group stock overvalued right now?
Based on GuruFocus' analysis, Turners Automotive Group (NZSE:TRA) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$4.43, compared to a current price of NZ$8.45 — trading 90.7% above its estimated fair value. The current Cash Conversion Cycle is 250.71 and 272.7% above the Vehicles & Parts industry median of 67.26. Turners Automotive Group's overall GF Score™ is 41/100 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 Turners Automotive Group (NZSE:TRA), the current Cash Conversion Cycle is 250.71 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 Turners Automotive Group (NZSE:TRA) Overvalued in 2026?
Based on GuruFocus' analysis, Turners Automotive Group stock appears to be overvalued.
The current stock price of NZ$8.45 is trading 90.7% above its estimated GF Value™ of NZ$4.43.
GuruFocus considers Turners Automotive Group to be Significantly Overvalued.
Key valuation signals for NZSE:TRA:
Cash Conversion Cycle: 250.71
GF Value™: NZ$4.43 vs. price of NZ$8.45 (90.7% above fair value)
Industry Position: 272.7% above the Vehicles & Parts median
No single metric tells the full story. See the NZSE:TRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turners Automotive Group Ltd, along with its subsidiaries, operates in the following reportable segments: Auto retail, Finance, Insurance, Credit management, and Corporate and other. The majority of its revenue is generated from the Auto retail segment, which is involved in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SME's; the Insurance segment is involved in marketing and administration of a range of life and consumer insurance products; and the Credit management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. Geographically, the group operates in New Zealand and Australia.
41GF Score
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