Enthusiast Gaming Holdings (TSX:EGLX) Cash Conversion Cycle: -272.83 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Enthusiast Gaming Holdings Cash Conversion Cycle?

Enthusiast Gaming Holdings TSX:EGLX -14.29% Cash Conversion Cycle is -272.83 as of Mar. 2026. 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.

Enthusiast Gaming Holdings's Days Sales Outstanding for the three months ended in Mar. 2026 was 29.82.
Enthusiast Gaming Holdings's Days Inventory for the three months ended in Mar. 2026 was 0.
Enthusiast Gaming Holdings's Days Payable for the three months ended in Mar. 2026 was 302.65.
Therefore, Enthusiast Gaming Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -272.83.


Enthusiast Gaming Holdings  (TSX:EGLX) 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.


Enthusiast Gaming Holdings Cash Conversion Cycle Related Terms


Enthusiast Gaming Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Enthusiast Gaming Holdings'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.

Enthusiast Gaming Holdings Cash Conversion Cycle Chart

Enthusiast Gaming Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial -10.60 -8.31 -32.75 -578.76 -547.51

Enthusiast Gaming Holdings 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 -426.13 -388.32 -679.28 -12,173.70 -272.83

TSX:EGLX vs GOOGL, META, SPOT: Cash Conversion Cycle Comparison

For the Internet Content & Information subindustry, Enthusiast Gaming Holdings'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.


Enthusiast Gaming Holdings Cash Conversion Cycle vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Enthusiast Gaming Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Enthusiast Gaming Holdings's Cash Conversion Cycle falls into.



Enthusiast Gaming Holdings 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.

Enthusiast Gaming Holdings'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
=88.19+0-635.7
=-547.51

Enthusiast Gaming Holdings'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
=29.82+0-302.65
=-272.83

* 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 -272.83 mean?
Enthusiast Gaming Holdings (TSX:EGLX) has a Cash Conversion Cycle of -272.83 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Enthusiast Gaming Holdings and its competitors.
Is Enthusiast Gaming Holdings' Cash Conversion Cycle too high?
Enthusiast Gaming Holdings' current Cash Conversion Cycle is -272.83.
How does Enthusiast Gaming Holdings' Cash Conversion Cycle compare to GOOGL and META?
Enthusiast Gaming Holdings' Cash Conversion Cycle of -272.83 can be compared against companies in the Interactive Media industry. The industry median Cash Conversion Cycle is 18.09. 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 Interactive Media company?
The median Cash Conversion Cycle among Interactive Media companies is 18.09, based on 547 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. 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 Enthusiast Gaming Holdings and its competitors. For the Interactive Media industry, the median Cash Conversion Cycle is 18.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enthusiast Gaming Holdings's current Cash Conversion Cycle is -272.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enthusiast Gaming Holdings stock overvalued right now?
Based on GuruFocus' analysis, Enthusiast Gaming Holdings (TSX:EGLX) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.05, compared to a current price of C$0.06 — trading 20% above its estimated fair value. The current Cash Conversion Cycle is -272.83. 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 Enthusiast Gaming Holdings (TSX:EGLX), the current Cash Conversion Cycle is -272.83 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.

Enthusiast Gaming Holdings Business Description

Other Exchanges EGLXF:USA2AV:Germany
Address 2 St. Clair West, Suite 1000, Toronto, ON, CAN, M4V 1L5
Enthusiast Gaming Holdings Inc operates in the digital media products and events industry segment. The company's principal business activities include media and content, events and subscriptions. Its digital media platform is centered around a portfolio of flagship video gaming related products, including owned and operated websites and casual games, through which the company derives its media and content revenue. The company's events business is comprised of Pocket Gamer Connects, a mobile gaming events series. Its subscription revenue includes owned and operated video gaming related products such as The Sims Resource. The company operates in four geographic locations, namely the USA, England and Wales, Canada and all other countries, with the maximum revenue derived from the USA.