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Gildan Activewear's Days Sales Outstanding for the
three
months ended in Jun. 2026 was 60.04.
Gildan Activewear's Days Inventory for the
three
months ended in Jun. 2026 was 186.03.
Gildan Activewear's Days Payable for the
three
months ended in Jun. 2026 was 84.52.
Therefore, Gildan Activewear's Cash Conversion Cycle (CCC) for the
three
months ended in Jun. 2026 was 161.55.
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.
Gildan Activewear Cash Conversion Cycle Related Terms
Gildan Activewear Cash Conversion Cycle Historical Data
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The historical data trend for Gildan Activewear'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.
STU:VGA vs RL, LEVI, VFC: Cash Conversion Cycle Comparison
For the Apparel Manufacturing subindustry, Gildan Activewear'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.
Gildan Activewear Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Gildan Activewear'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.
Gildan Activewear'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.
Gildan Activewear (STU:VGA) has a Cash Conversion Cycle of 161.55 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Gildan Activewear and its competitors.
Is Gildan Activewear's Cash Conversion Cycle too high?
Gildan Activewear's current Cash Conversion Cycle is 161.55. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.30. Gildan Activewear's value of 161.55 is 30% above this industry median. Overall, Gildan Activewear has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gildan Activewear's Cash Conversion Cycle compare to RL and LEVI?
Gildan Activewear's Cash Conversion Cycle of 161.55 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.30. Gildan Activewear's value of 161.55 is 30% 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 a Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.30, based on 1,042 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. Gildan Activewear's current Cash Conversion Cycle of 161.55 is 30% 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 Gildan Activewear and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gildan Activewear's current Cash Conversion Cycle is 161.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gildan Activewear stock overvalued right now?
Based on GuruFocus' analysis, Gildan Activewear (STU:VGA) is currently considered Modestly Undervalued. The stock's GF Value™ is €56.79, compared to a current price of €45.20 — trading 20.4% below its estimated fair value. The current Cash Conversion Cycle is 161.55 and 30% above the Manufacturing - Apparel & Accessories industry median of 124.30. Gildan Activewear's overall GF Score™ is 87/100 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 Gildan Activewear (STU:VGA), the current Cash Conversion Cycle is 161.55 as of Jun. 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 Gildan Activewear (STU:VGA) Overvalued in 2026?
Based on GuruFocus' analysis, Gildan Activewear stock appears to be undervalued.
The current stock price of €45.20 is trading 20.4% below its estimated GF Value™ of €56.79.
GuruFocus considers Gildan Activewear to be Modestly Undervalued.
Key valuation signals for STU:VGA:
Cash Conversion Cycle: 161.55
GF Value™: €56.79 vs. price of €45.20 (20.4% below fair value)
Industry Position: 30% above the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the STU:VGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. It is a leader in blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels, a business that has been greatly enhanced by the Hanesbrands acquisition. Gildan's brands include Hanes, Bali, Maidenform, Playtex, Gildan, American Apparel, Comfort Colors, and Goldtoe. Gildan produces most of its clothing at factories in Latin America but has been ramping up production at its new facility in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generated 90% of its sales in the US in 2025.
87GF Score
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