Fon SE's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 18.35.
Fon SE's Days Inventory for the
three
months ended in Mar. 2026 was 0.
Fon SE's Days Payable for the
three
months ended in Mar. 2026 was 0.
Therefore, Fon SE's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 18.35.
Fon SE (WAR:FON) 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.
Fon SE Cash Conversion Cycle Related Terms
Fon SE Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Fon SE'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.
WAR:FON vs V, MA, AXP: Cash Conversion Cycle Comparison
For the Credit Services subindustry, Fon SE'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.
Fon SE Cash Conversion Cycle vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Fon SE's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Fon SE'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.
Fon SE's Cash Conversion Cycle for the fiscal year that ended in Jun. 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.
Fon SE (WAR:FON) has a Cash Conversion Cycle of 18.35 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Fon SE and its competitors.
Is Fon SE's Cash Conversion Cycle too high?
Fon SE's current Cash Conversion Cycle is 18.35. The Credit Services industry median Cash Conversion Cycle is 1.48. Fon SE's value of 18.35 is 1144.1% above this industry median. Overall, Fon SE has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fon SE's Cash Conversion Cycle compare to V and MA?
Fon SE's Cash Conversion Cycle of 18.35 can be compared against companies in the Credit Services industry. The industry median Cash Conversion Cycle is 1.48. Fon SE's value of 18.35 is 1144.1% 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 Credit Services company?
The median Cash Conversion Cycle among Credit Services companies is 1.48, based on 374 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. Fon SE's current Cash Conversion Cycle of 18.35 is 1144.1% 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 Fon SE and its competitors. For the Credit Services industry, the median Cash Conversion Cycle is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fon SE's current Cash Conversion Cycle is 18.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fon SE stock overvalued right now?
Based on GuruFocus' analysis, Fon SE (WAR:FON) is currently considered Possible Value Trap. The stock's GF Value™ is zł2.66, compared to a current price of zł1.80 — trading 32.3% below its estimated fair value. The current Cash Conversion Cycle is 18.35 and 1144.1% above the Credit Services industry median of 1.48. Fon SE's overall GF Score™ is 70/100 with 3 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 Fon SE (WAR:FON), the current Cash Conversion Cycle is 18.35 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 Fon SE (WAR:FON) Overvalued in 2026?
Based on GuruFocus' analysis, Fon SE stock appears to be undervalued.
The current stock price of zł1.80 is trading 32.3% below its estimated GF Value™ of zł2.66.
GuruFocus considers Fon SE to be Possible Value Trap.
Key valuation signals for WAR:FON:
Cash Conversion Cycle: 18.35
GF Value™: zł2.66 vs. price of zł1.80 (32.3% below fair value)
Industry Position: 1144.1% above the Credit Services median
No single metric tells the full story. See the WAR:FON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fon SE is engaged in financial activities and capital investments. The company offers medium-term cash loans to retail clients and small businesses and generates revenue through interest on loans granted. Geographically, it derives a majority of its revenue from its customers in Poland and the rest from Estonia.
70GF Score
Get the complete analysis for WAR:FON
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:FON has been successfully added to your 
