Secure Waste Infrastructure (TSX:SES) Cash Conversion Cycle: 12.70 (As of Mar. 2026)


TSX:SES Secure Waste Infrastructure Corp TSX:SES
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What is Secure Waste Infrastructure Cash Conversion Cycle?

Secure Waste Infrastructure TSX:SES -0.54% 50 Cash Conversion Cycle is 12.70 as of Mar. 2026. GuruFocus rates TSX:SES with a GF Score™ of 50/100. The stock has 7 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.

Secure Waste Infrastructure's Days Sales Outstanding for the three months ended in Mar. 2026 was 134.25.
Secure Waste Infrastructure's Days Inventory for the three months ended in Mar. 2026 was 55.84.
Secure Waste Infrastructure's Days Payable for the three months ended in Mar. 2026 was 177.39.
Therefore, Secure Waste Infrastructure's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 12.70.


Secure Waste Infrastructure  (TSX:SES) 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.


Secure Waste Infrastructure Cash Conversion Cycle Related Terms


Secure Waste Infrastructure Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Secure Waste Infrastructure'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.

Secure Waste Infrastructure Cash Conversion Cycle Chart

Secure Waste Infrastructure 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 10.58 6.37 5.17 -6.88 -6.15

Secure Waste Infrastructure 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 -13.25 4.37 5.17 0.00 12.70

TSX:SES vs WM, RSG, WCN: Cash Conversion Cycle Comparison

For the Waste Management subindustry, Secure Waste Infrastructure'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.


Secure Waste Infrastructure Cash Conversion Cycle vs Waste Management Industry

For the Waste Management industry and Industrials sector, Secure Waste Infrastructure's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Secure Waste Infrastructure's Cash Conversion Cycle falls into.


TSX:SES
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Secure Waste Infrastructure Corp TSX:SES
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Secure Waste Infrastructure 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.

Secure Waste Infrastructure'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
=118.53+51.92-176.6
=-6.15

Secure Waste Infrastructure'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
=134.25+55.84-177.39
=12.70

* 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 12.70 mean?
Secure Waste Infrastructure (TSX:SES) has a Cash Conversion Cycle of 12.70 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Secure Waste Infrastructure and its competitors.
Is Secure Waste Infrastructure's Cash Conversion Cycle too high?
Secure Waste Infrastructure's current Cash Conversion Cycle is 12.70. The Waste Management industry median Cash Conversion Cycle is 50.09. Secure Waste Infrastructure's value of 12.70 is 74.6% below this industry median. Overall, Secure Waste Infrastructure has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Secure Waste Infrastructure's Cash Conversion Cycle compare to WM and RSG?
Secure Waste Infrastructure's Cash Conversion Cycle of 12.70 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 50.09. Secure Waste Infrastructure's value of 12.70 is 74.6% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 50.09, based on 240 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. Secure Waste Infrastructure's current Cash Conversion Cycle of 12.70 is 74.6% 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 Secure Waste Infrastructure and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 50.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Waste Infrastructure's current Cash Conversion Cycle is 12.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Waste Infrastructure stock overvalued right now?
Secure Waste Infrastructure (TSX:SES) has a current Cash Conversion Cycle of 12.70. The current Cash Conversion Cycle is 12.70 and 74.6% below the Waste Management industry median of 50.09. Secure Waste Infrastructure's overall GF Score™ is 50/100 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 Secure Waste Infrastructure (TSX:SES), the current Cash Conversion Cycle is 12.70 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.

Secure Waste Infrastructure Business Description

Other Exchanges SECYF:USASEP0:Germany
Address 2300, 225 - 6th Avenue SW, Brookfield Place, Calgary, AB, CAN, T2P 1N2
Secure Waste Infrastructure Corp operates in waste management and energy infrastructure business. The company operates in two segments: Waste Management, and Energy Infrastructure. The activities of the company include buying and selling crude oil and natural gas liquid products, capturing location, and other related activities. It generates the majority of its revenue from the Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, and others. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities.
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