Billerud AB (STU:BNF) Cash Conversion Cycle: 56.86 (As of Mar. 2026)


STU:BNF Billerud AB STU:BNF
57 GF Score
Price €5.68
GF Value €8.02
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Billerud AB Cash Conversion Cycle?

Billerud AB STU:BNF +1.34% 57 Cash Conversion Cycle is 56.86 as of Mar. 2026. GuruFocus rates STU:BNF with a GF Score™ of 57/100 and a GF Value™ of €8.02 (Modestly Undervalued). The stock has 6 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.

Billerud AB's Days Sales Outstanding for the three months ended in Mar. 2026 was 36.44.
Billerud AB's Days Inventory for the three months ended in Mar. 2026 was 96.58.
Billerud AB's Days Payable for the three months ended in Mar. 2026 was 76.16.
Therefore, Billerud AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 56.86.


Billerud AB  (STU:BNF) 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.


Billerud AB Cash Conversion Cycle Related Terms


Billerud AB Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Billerud AB'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.

Billerud AB Cash Conversion Cycle Chart

Billerud AB 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 42.89 39.75 49.53 54.24 62.27

Billerud AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 60.23 62.22 60.04 64.82 56.86

STU:BNF vs SLVM: Cash Conversion Cycle Comparison

For the Paper & Paper Products subindustry, Billerud AB'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.


Billerud AB Cash Conversion Cycle vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Billerud AB's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Billerud AB's Cash Conversion Cycle falls into.


STU:BNF
57GF Score
Billerud AB STU:BNF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Billerud AB 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.

Billerud AB'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
=37.03+107.34-82.1
=62.27

Billerud AB's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=36.44+96.58-76.16
=56.86

* 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 56.86 mean?
Billerud AB (STU:BNF) has a Cash Conversion Cycle of 56.86 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Billerud AB and its competitors.
Is Billerud AB's Cash Conversion Cycle too high?
Billerud AB's current Cash Conversion Cycle is 56.86. The Forest Products industry median Cash Conversion Cycle is 89.14. Billerud AB's value of 56.86 is 36.2% below this industry median. Overall, Billerud AB has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Billerud AB's Cash Conversion Cycle compare to SLVM?
Billerud AB's Cash Conversion Cycle of 56.86 can be compared against companies in the Forest Products industry. The industry median Cash Conversion Cycle is 89.14. Billerud AB's value of 56.86 is 36.2% 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 a Forest Products company?
The median Cash Conversion Cycle among Forest Products companies is 89.14, based on 282 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. Billerud AB's current Cash Conversion Cycle of 56.86 is 36.2% 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 Billerud AB and its competitors. For the Forest Products industry, the median Cash Conversion Cycle is 89.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billerud AB's current Cash Conversion Cycle is 56.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billerud AB stock overvalued right now?
Based on GuruFocus' analysis, Billerud AB (STU:BNF) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.02, compared to a current price of €5.68 — trading 29.2% below its estimated fair value. The current Cash Conversion Cycle is 56.86 and 36.2% below the Forest Products industry median of 89.14. Billerud AB's overall GF Score™ is 57/100 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 Billerud AB (STU:BNF), the current Cash Conversion Cycle is 56.86 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 Billerud AB (STU:BNF) Overvalued in 2026?

Based on GuruFocus' analysis, Billerud AB stock appears to be undervalued. The current stock price of €5.68 is trading 29.2% below its estimated GF Value™ of €8.02. GuruFocus considers Billerud AB to be Modestly Undervalued.

Key valuation signals for STU:BNF:

  • Cash Conversion Cycle: 56.86
  • GF Value™: €8.02 vs. price of €5.68 (29.2% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 36.2% below the Forest Products median

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


Billerud AB Business Description

Address Evenemangsgatan 17, P.O. Box 703, Solna, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Its product offerings include Cartonboard, Sack Paper, Coated sheets, Web papers, Hardwood Pulp, and Containerboard, among others. The company has has three operating segments: Region Europe, Region North America and Other. The majority of revenue is derived from the Region Europe segment.
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.

€5.68
Price
€8.02
GF Value