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Suburban Propane Partners LP's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 22.96.
Suburban Propane Partners LP's Days Inventory for the
three
months ended in Mar. 2026 was 29.21.
Suburban Propane Partners LP's Days Payable for the
three
months ended in Mar. 2026 was 20.4.
Therefore, Suburban Propane Partners LP's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 31.77.
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.
Suburban Propane Partners LP Cash Conversion Cycle Related Terms
Suburban Propane Partners LP Cash Conversion Cycle Historical Data
* 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.
SPH vs NWN, RGCO, OPAL: Cash Conversion Cycle Comparison
For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP'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.
Suburban Propane Partners LP Cash Conversion Cycle vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Suburban Propane Partners LP's Cash Conversion Cycle falls into.
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.
Suburban Propane Partners LP's Cash Conversion Cycle for the fiscal year that ended in Sep. 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.
Suburban Propane Partners LP (SPH) has a Cash Conversion Cycle of 31.77 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Suburban Propane Partners LP and its competitors.
Is Suburban Propane Partners LP's Cash Conversion Cycle too high?
Suburban Propane Partners LP's current Cash Conversion Cycle is 31.77. The Utilities - Regulated industry median Cash Conversion Cycle is 14.35. Suburban Propane Partners LP's value of 31.77 is 121.4% above this industry median. Overall, Suburban Propane Partners LP has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suburban Propane Partners LP's Cash Conversion Cycle compare to NWN and RGCO?
Suburban Propane Partners LP's Cash Conversion Cycle of 31.77 can be compared against companies in the Utilities - Regulated industry. The industry median Cash Conversion Cycle is 14.35. Suburban Propane Partners LP's value of 31.77 is 121.4% 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 an Utilities - Regulated company?
The median Cash Conversion Cycle among Utilities - Regulated companies is 14.35, based on 497 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. Suburban Propane Partners LP's current Cash Conversion Cycle of 31.77 is 121.4% 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 Suburban Propane Partners LP and its competitors. For the Utilities - Regulated industry, the median Cash Conversion Cycle is 14.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suburban Propane Partners LP's current Cash Conversion Cycle is 31.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suburban Propane Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Suburban Propane Partners LP (SPH) is currently considered Fairly Valued. The stock's GF Value™ is $18.09, compared to a current price of $18.66 — trading 3.2% above its estimated fair value. The current Cash Conversion Cycle is 31.77 and 121.4% above the Utilities - Regulated industry median of 14.35. Suburban Propane Partners LP's overall GF Score™ is 57/100 with 3 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 Suburban Propane Partners LP (SPH), the current Cash Conversion Cycle is 31.77 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 Suburban Propane Partners LP (SPH) Overvalued in 2026?
Based on GuruFocus' analysis, Suburban Propane Partners LP stock appears to be overvalued.
The current stock price of $18.66 is trading 3.2% above its estimated GF Value™ of $18.09.
GuruFocus considers Suburban Propane Partners LP to be Fairly Valued.
Key valuation signals for SPH:
Cash Conversion Cycle: 31.77
GF Value™: $18.09 vs. price of $18.66 (3.2% above fair value)
Industry Position: 121.4% above the Utilities - Regulated median
No single metric tells the full story. See the SPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suburban Propane Partners LP distributes propane, renewable propane, renewable natural gas (RNG), fuel oil, refined fuels, and markets natural gas and electricity in deregulated markets. It produces and invests in low-carbon fuel alternatives. The company installs and services home comfort heating and ventilation equipment and distributes fuel oil, kerosene, diesel, and gasoline to about 25,000 residential and commercial customers mainly in the U.S. northeast. It operates three segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity, with the Propane segment generating the majority of revenue. Propane, a by-product of natural gas processing and petroleum refining, is a clean-burning energy source known for transportability and ease of use.
57GF Score
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