Aforti Holding (WAR:AFH) Cash Conversion Cycle: -94.11 (As of Mar. 2026)


WAR:AFH Aforti Holding SA WAR:AFH
8 GF Score
Price zł2.50
GF Value zł7.67
! 8 Warning Signs
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What is Aforti Holding Cash Conversion Cycle?

Aforti Holding WAR:AFH 8 Cash Conversion Cycle is -94.11 as of Mar. 2026. GuruFocus rates WAR:AFH with a GF Score™ of 8/100 and a GF Value™ of zł7.67. The stock has 8 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.

Aforti Holding's Days Sales Outstanding for the three months ended in Mar. 2026 was 9.02.
Aforti Holding's Days Inventory for the three months ended in Mar. 2026 was 0.
Aforti Holding's Days Payable for the three months ended in Mar. 2026 was 103.13.
Therefore, Aforti Holding's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -94.11.


Aforti Holding  (WAR:AFH) 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.


Aforti Holding Cash Conversion Cycle Related Terms


Aforti Holding Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Aforti Holding'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.

Aforti Holding Cash Conversion Cycle Chart

Aforti Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.98 -0.58 -0.81 -3.33 -14.78

Aforti Holding Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 -9.24 -4.55 -7.75 -19.42 -94.11

WAR:AFH vs CTAS, GPN, ARMK: Cash Conversion Cycle Comparison

For the Specialty Business Services subindustry, Aforti Holding'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.


Aforti Holding Cash Conversion Cycle vs Business Services Industry

For the Business Services industry and Industrials sector, Aforti Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Aforti Holding's Cash Conversion Cycle falls into.


WAR:AFH
8GF Score
Aforti Holding SA WAR:AFH
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Aforti Holding 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.

Aforti Holding'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
=2.91+0-17.69
=-14.78

Aforti Holding'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
=9.02+0-103.13
=-94.11

* 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 -94.11 mean?
Aforti Holding (WAR:AFH) has a Cash Conversion Cycle of -94.11 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Aforti Holding and its competitors.
Is Aforti Holding's Cash Conversion Cycle too high?
Aforti Holding's current Cash Conversion Cycle is -94.11. Overall, Aforti Holding has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aforti Holding's Cash Conversion Cycle compare to CTAS and GPN?
Aforti Holding's Cash Conversion Cycle of -94.11 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.50. 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 Business Services company?
The median Cash Conversion Cycle among Business Services companies is 38.50, based on 1,069 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 Aforti Holding and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aforti Holding's current Cash Conversion Cycle is -94.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aforti Holding stock overvalued right now?
Aforti Holding (WAR:AFH) has a current Cash Conversion Cycle of -94.11. The stock's GF Value™ is zł7.67, compared to a current price of zł2.50 — trading 67.4% below its estimated fair value. The current Cash Conversion Cycle is -94.11. Aforti Holding's overall GF Score™ is 8/100 with 8 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 Aforti Holding (WAR:AFH), the current Cash Conversion Cycle is -94.11 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 Aforti Holding (WAR:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Aforti Holding stock appears to be undervalued. The current stock price of zł2.50 is trading 67.4% below its estimated GF Value™ of zł7.67.

Key valuation signals for WAR:AFH:

  • Cash Conversion Cycle: -94.11
  • GF Value™: zł7.67 vs. price of zł2.50 (67.4% below fair value)
  • GF Score™: 8/100 with 8 warning signs

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


Aforti Holding Business Description

Address ulica Chalubinskiego 8, Warszawa, POL, 00-613
Aforti Holding SA is a financial group that offers services in private and corporate finance. The company addresses the needs of Entrepreneurs as well as companies of the SME sector by offering a wide range of financial services that support business development, such as financing the company operations, online foreign exchange, management of liabilities, or factoring. It operates in Warsaw, Szczecin, Poznan, Cracow, Rzeszow, Rybnik, and Katowice.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł2.50
Price
zł7.67
GF Value