Industrie De Nora SpA (STU:M3D) Cash Conversion Cycle: 270.68 (As of Mar. 2026)


STU:M3D Industrie De Nora SpA STU:M3D
85 GF Score
Price €6.66
GF Value €9.15
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Industrie De Nora SpA Cash Conversion Cycle?

Industrie De Nora SpA STU:M3D -3.13% 85 Cash Conversion Cycle is 270.68 as of Mar. 2026. GuruFocus rates STU:M3D with a GF Score™ of 85/100 and a GF Value™ of €9.15 (Modestly Undervalued). The stock has 3 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.

Industrie De Nora SpA's Days Sales Outstanding for the three months ended in Mar. 2026 was 80.96.
Industrie De Nora SpA's Days Inventory for the three months ended in Mar. 2026 was 320.51.
Industrie De Nora SpA's Days Payable for the three months ended in Mar. 2026 was 130.79.
Therefore, Industrie De Nora SpA's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 270.68.


Industrie De Nora SpA  (STU:M3D) 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.


Industrie De Nora SpA Cash Conversion Cycle Related Terms


Industrie De Nora SpA Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Industrie De Nora SpA'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.

Industrie De Nora SpA Cash Conversion Cycle Chart

Industrie De Nora SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 241.34 245.54 238.08 207.10 187.22

Industrie De Nora SpA 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 259.51 234.33 221.27 171.05 270.68

STU:M3D vs VRT, BE, HUBB: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, Industrie De Nora SpA'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.


Industrie De Nora SpA Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Industrie De Nora SpA's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Industrie De Nora SpA's Cash Conversion Cycle falls into.


STU:M3D
85GF Score
Industrie De Nora SpA STU:M3D
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrie De Nora SpA 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.

Industrie De Nora SpA'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
=68.1+233.62-114.5
=187.22

Industrie De Nora SpA'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
=80.96+320.51-130.79
=270.68

* 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 270.68 mean?
Industrie De Nora SpA (STU:M3D) has a Cash Conversion Cycle of 270.68 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Industrie De Nora SpA and its competitors.
Is Industrie De Nora SpA's Cash Conversion Cycle too high?
Industrie De Nora SpA's current Cash Conversion Cycle is 270.68. The Industrial Products industry median Cash Conversion Cycle is 122.39. Industrie De Nora SpA's value of 270.68 is 121.2% above this industry median. Overall, Industrie De Nora SpA has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Industrie De Nora SpA's Cash Conversion Cycle compare to VRT and BE?
Industrie De Nora SpA's Cash Conversion Cycle of 270.68 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.39. Industrie De Nora SpA's value of 270.68 is 121.2% 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 Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.39, based on 3,028 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. Industrie De Nora SpA's current Cash Conversion Cycle of 270.68 is 121.2% 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 Industrie De Nora SpA and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrie De Nora SpA's current Cash Conversion Cycle is 270.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrie De Nora SpA stock overvalued right now?
Based on GuruFocus' analysis, Industrie De Nora SpA (STU:M3D) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.15, compared to a current price of €6.66 — trading 27.2% below its estimated fair value. The current Cash Conversion Cycle is 270.68 and 121.2% above the Industrial Products industry median of 122.39. Industrie De Nora SpA's overall GF Score™ is 85/100 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 Industrie De Nora SpA (STU:M3D), the current Cash Conversion Cycle is 270.68 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 Industrie De Nora SpA (STU:M3D) Overvalued in 2026?

Based on GuruFocus' analysis, Industrie De Nora SpA stock appears to be undervalued. The current stock price of €6.66 is trading 27.2% below its estimated GF Value™ of €9.15. GuruFocus considers Industrie De Nora SpA to be Modestly Undervalued.

Key valuation signals for STU:M3D:

  • Cash Conversion Cycle: 270.68
  • GF Value™: €9.15 vs. price of €6.66 (27.2% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 121.2% above the Industrial Products median

No single metric tells the full story. See the STU:M3D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Industrie De Nora SpA Business Description

Other Exchanges DNR:Italy0ABI:UK
Address Via Leonardo Bistolfi, 35, Milan, ITA, 20134
Industrie De Nora SpA manufactures and distributes chemicals. The company is organized into three segments: the Electrode Technologies business, Energy Transition and the Water Technologies business. Electrode Technologies segment earns the majority of companies revenues. The company's products include Analyzers & Detectors, Anodes for Chlorine Evolution, Anodes for oxygen evolution, Cathodes for Hydrogen Evolution, Disinfection systems, Electrochlorination systems, Filtration Solutions, Membrane Technologies, Contaminant removal systems.
85GF Score

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

€6.66
Price
€9.15
GF Value