Vestas Wind Systems AS's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 34.24.
Vestas Wind Systems AS's Days Inventory for the
three
months ended in Mar. 2026 was 154.38.
Vestas Wind Systems AS's Days Payable for the
three
months ended in Mar. 2026 was 124.39.
Therefore, Vestas Wind Systems AS's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 64.23.
Vestas Wind Systems AS (OCSE:VWS) 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.
Vestas Wind Systems AS Cash Conversion Cycle Related Terms
Vestas Wind Systems AS Cash Conversion Cycle Historical Data
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The historical data trend for Vestas Wind Systems 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.
Vestas Wind Systems AS Cash Conversion Cycle Chart
OCSE:VWS vs GEV, ETN, PH: Cash Conversion Cycle Comparison
For the Specialty Industrial Machinery subindustry, Vestas Wind Systems 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.
Vestas Wind Systems AS Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Vestas Wind Systems AS's Cash Conversion Cycle falls into.
Vestas Wind Systems 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.
Vestas Wind Systems AS's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
Vestas Wind Systems AS (OCSE:VWS) has a Cash Conversion Cycle of 64.23 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vestas Wind Systems AS and its competitors.
Is Vestas Wind Systems AS's Cash Conversion Cycle too high?
Vestas Wind Systems AS's current Cash Conversion Cycle is 64.23. The Industrial Products industry median Cash Conversion Cycle is 122.29. Vestas Wind Systems AS's value of 64.23 is 47.5% below this industry median. Overall, Vestas Wind Systems AS has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Cash Conversion Cycle compare to GEV and ETN?
Vestas Wind Systems AS's Cash Conversion Cycle of 64.23 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Vestas Wind Systems AS's value of 64.23 is 47.5% 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 Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.29, based on 3,032 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. Vestas Wind Systems AS's current Cash Conversion Cycle of 64.23 is 47.5% 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 Vestas Wind Systems AS and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current Cash Conversion Cycle is 64.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (OCSE:VWS) is currently considered Fairly Valued. The stock's GF Value™ is kr191.48, compared to a current price of kr184.60 — trading 3.6% below its estimated fair value. The current Cash Conversion Cycle is 64.23 and 47.5% below the Industrial Products industry median of 122.29. Vestas Wind Systems AS's overall GF Score™ is 85/100 with 4 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 Vestas Wind Systems AS (OCSE:VWS), the current Cash Conversion Cycle is 64.23 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 Vestas Wind Systems AS (OCSE:VWS) Overvalued in 2026?
Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued.
The current stock price of kr184.60 is trading 3.6% below its estimated GF Value™ of kr191.48.
GuruFocus considers Vestas Wind Systems AS to be Fairly Valued.
Key valuation signals for OCSE:VWS:
Cash Conversion Cycle: 64.23
GF Value™: kr191.48 vs. price of kr184.60 (3.6% below fair value)
Industry Position: 47.5% below the Industrial Products median
No single metric tells the full story. See the OCSE:VWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
85GF Score
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