Algoma Steel Group's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 45.32.
Algoma Steel Group's Days Inventory for the
three
months ended in Mar. 2026 was 112.57.
Algoma Steel Group's Days Payable for the
three
months ended in Mar. 2026 was 11.93.
Therefore, Algoma Steel Group's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 145.96.
Algoma Steel Group (TSX:ASTL) 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.
Algoma Steel Group Cash Conversion Cycle Related Terms
Algoma Steel Group Cash Conversion Cycle Historical Data
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The historical data trend for Algoma Steel Group'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.
TSX:ASTL vs NUE, STLD, RS: Cash Conversion Cycle Comparison
For the Steel subindustry, Algoma Steel Group'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.
Algoma Steel Group Cash Conversion Cycle vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group's Cash Conversion Cycle falls into.
Algoma Steel Group 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.
Algoma Steel Group'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.
Algoma Steel Group (TSX:ASTL) has a Cash Conversion Cycle of 145.96 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Algoma Steel Group and its competitors.
Is Algoma Steel Group's Cash Conversion Cycle too high?
Algoma Steel Group's current Cash Conversion Cycle is 145.96. The Steel industry median Cash Conversion Cycle is 94.68. Algoma Steel Group's value of 145.96 is 54.2% above this industry median. Overall, Algoma Steel Group has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Cash Conversion Cycle compare to NUE and STLD?
Algoma Steel Group's Cash Conversion Cycle of 145.96 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.68. Algoma Steel Group's value of 145.96 is 54.2% 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 a Steel company?
The median Cash Conversion Cycle among Steel companies is 94.68, based on 611 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. Algoma Steel Group's current Cash Conversion Cycle of 145.96 is 54.2% 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 Algoma Steel Group and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current Cash Conversion Cycle is 145.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (TSX:ASTL) is currently considered Modestly Undervalued. The stock's GF Value™ is C$7.85, compared to a current price of C$5.74 — trading 26.9% below its estimated fair value. The current Cash Conversion Cycle is 145.96 and 54.2% above the Steel industry median of 94.68. Algoma Steel Group's overall GF Score™ is 65/100 with 7 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 Algoma Steel Group (TSX:ASTL), the current Cash Conversion Cycle is 145.96 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 Algoma Steel Group (TSX:ASTL) Overvalued in 2026?
Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued.
The current stock price of C$5.74 is trading 26.9% below its estimated GF Value™ of C$7.85.
GuruFocus considers Algoma Steel Group to be Modestly Undervalued.
Key valuation signals for TSX:ASTL:
Cash Conversion Cycle: 145.96
GF Value™: C$7.85 vs. price of C$5.74 (26.9% below fair value)
No single metric tells the full story. See the TSX:ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
65GF Score
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