FirstFarms AS (OCSE:FFARMS) Cash Conversion Cycle: 236.73 (As of Dec. 2025)


OCSE:FFARMS FirstFarms AS OCSE:FFARMS
57 GF Score
Price kr69.80
GF Value kr53.83
Valuation Modestly Overvalued
! 9 Warning Signs
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What is FirstFarms AS Cash Conversion Cycle?

FirstFarms AS OCSE:FFARMS -0.29% 57 Cash Conversion Cycle is 236.73 as of Dec. 2025. GuruFocus rates OCSE:FFARMS with a GF Score™ of 57/100 and a GF Value™ of kr53.83 (Modestly Overvalued). The stock has 9 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.

FirstFarms AS's Days Sales Outstanding for the three months ended in Dec. 2025 was 24.02.
FirstFarms AS's Days Inventory for the three months ended in Dec. 2025 was 250.21.
FirstFarms AS's Days Payable for the three months ended in Dec. 2025 was 37.5.
Therefore, FirstFarms AS's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 236.73.


FirstFarms AS  (OCSE:FFARMS) 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.


FirstFarms AS Cash Conversion Cycle Related Terms


FirstFarms AS Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for FirstFarms AS'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.

FirstFarms AS Cash Conversion Cycle Chart

FirstFarms AS 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 192.38 230.78 197.70 219.74 280.12

FirstFarms AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 185.44 242.27 303.26 315.74 236.73

OCSE:FFARMS vs ADM, BG, TSN: Cash Conversion Cycle Comparison

For the Farm Products subindustry, FirstFarms AS'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.


FirstFarms AS Cash Conversion Cycle vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, FirstFarms AS's Cash Conversion Cycle distribution charts can be found below:

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


OCSE:FFARMS
57GF Score
FirstFarms AS OCSE:FFARMS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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FirstFarms AS 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.

FirstFarms AS'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
=22.79+294.78-37.45
=280.12

FirstFarms AS's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=24.02+250.21-37.5
=236.73

* 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 236.73 mean?
FirstFarms AS (OCSE:FFARMS) has a Cash Conversion Cycle of 236.73 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on FirstFarms AS and its competitors.
Is FirstFarms AS's Cash Conversion Cycle too high?
FirstFarms AS's current Cash Conversion Cycle is 236.73. The Consumer Packaged Goods industry median Cash Conversion Cycle is 75.54. FirstFarms AS's value of 236.73 is 213.4% above this industry median. Overall, FirstFarms AS has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FirstFarms AS's Cash Conversion Cycle compare to ADM and BG?
FirstFarms AS's Cash Conversion Cycle of 236.73 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 75.54. FirstFarms AS's value of 236.73 is 213.4% 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 Consumer Packaged Goods company?
The median Cash Conversion Cycle among Consumer Packaged Goods companies is 75.54, based on 1,942 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. FirstFarms AS's current Cash Conversion Cycle of 236.73 is 213.4% 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 FirstFarms AS and its competitors. For the Consumer Packaged Goods industry, the median Cash Conversion Cycle is 75.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstFarms AS's current Cash Conversion Cycle is 236.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstFarms AS stock overvalued right now?
Based on GuruFocus' analysis, FirstFarms AS (OCSE:FFARMS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr53.83, compared to a current price of kr69.80 — trading 29.7% above its estimated fair value. The current Cash Conversion Cycle is 236.73 and 213.4% above the Consumer Packaged Goods industry median of 75.54. FirstFarms AS's overall GF Score™ is 57/100 with 9 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 FirstFarms AS (OCSE:FFARMS), the current Cash Conversion Cycle is 236.73 as of Dec. 2025. 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 FirstFarms AS (OCSE:FFARMS) Overvalued in 2026?

Based on GuruFocus' analysis, FirstFarms AS stock appears to be overvalued. The current stock price of kr69.80 is trading 29.7% above its estimated GF Value™ of kr53.83. GuruFocus considers FirstFarms AS to be Modestly Overvalued.

Key valuation signals for OCSE:FFARMS:

  • Cash Conversion Cycle: 236.73
  • GF Value™: kr53.83 vs. price of kr69.80 (29.7% above fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 213.4% above the Consumer Packaged Goods median

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


FirstFarms AS Business Description

Address Majsmarken 1, Billund, DNK, DK-7190
FirstFarms AS is an agricultural company operating in the area of agriculture and food products. Its business consists of four branches of operation: crops, milk, pigs and development of the land portfolio. Geographically, the group's segments are Romania, Slovakia, Hungary, the Czech Republic, and Denmark. The majority of the company's revenue is derived from Slovakia. The company's revenue consists of the sale of Milk, Cows and calves, piglets and slaughter pigs, crops and others.
57GF Score

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

kr69.80
Price
kr53.83
GF Value