Havila Kystruten AS's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 14.77.
Havila Kystruten AS's Days Inventory for the
three
months ended in Mar. 2026 was 9.87.
Havila Kystruten AS's Days Payable for the
three
months ended in Mar. 2026 was 67.16.
Therefore, Havila Kystruten AS's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was -42.52.
Havila Kystruten AS (OSL:HKY) 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.
Havila Kystruten AS Cash Conversion Cycle Related Terms
Havila Kystruten AS Cash Conversion Cycle Historical Data
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The historical data trend for Havila Kystruten 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.
OSL:HKY vs BKNG, ABNB, RCL: Cash Conversion Cycle Comparison
For the Travel Services subindustry, Havila Kystruten 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.
Havila Kystruten AS Cash Conversion Cycle vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Havila Kystruten AS's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Havila Kystruten AS's Cash Conversion Cycle falls into.
Havila Kystruten 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.
Havila Kystruten 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.
Havila Kystruten AS (OSL:HKY) has a Cash Conversion Cycle of -42.52 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Havila Kystruten AS and its competitors.
Is Havila Kystruten AS's Cash Conversion Cycle too high?
Havila Kystruten AS's current Cash Conversion Cycle is -42.52. Overall, Havila Kystruten AS has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Havila Kystruten AS's Cash Conversion Cycle compare to BKNG and ABNB?
Havila Kystruten AS's Cash Conversion Cycle of -42.52 can be compared against companies in the Travel & Leisure industry. The industry median Cash Conversion Cycle is 10.35. 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 Travel & Leisure company?
The median Cash Conversion Cycle among Travel & Leisure companies is 10.35, based on 838 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. 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 Havila Kystruten AS and its competitors. For the Travel & Leisure industry, the median Cash Conversion Cycle is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havila Kystruten AS's current Cash Conversion Cycle is -42.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Kystruten AS stock overvalued right now?
Based on GuruFocus' analysis, Havila Kystruten AS (OSL:HKY) is currently considered Fairly Valued. The stock's GF Value™ is kr54.29, compared to a current price of kr59.00 — trading 8.7% above its estimated fair value. The current Cash Conversion Cycle is -42.52. Havila Kystruten AS's overall GF Score™ is 52/100 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 Havila Kystruten AS (OSL:HKY), the current Cash Conversion Cycle is -42.52 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 Havila Kystruten AS (OSL:HKY) Overvalued in 2026?
Based on GuruFocus' analysis, Havila Kystruten AS stock appears to be overvalued.
The current stock price of kr59.00 is trading 8.7% above its estimated GF Value™ of kr54.29.
GuruFocus considers Havila Kystruten AS to be Fairly Valued.
Key valuation signals for OSL:HKY:
Cash Conversion Cycle: -42.52
GF Value™: kr54.29 vs. price of kr59.00 (8.7% above fair value)
No single metric tells the full story. See the OSL:HKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Havila Kystruten AS purpose is to operate shipping, transport, and tourism activities, including development and investment in other companies, and other activities naturally related thereto. It operates four vessels on the classic coastal route between Bergen and Kirkenes, using some of the environmentally friendly ships along the Norwegian coast.
52GF Score
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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