Forever Entertainment (WAR:FOR) Cash Conversion Cycle: 338.77 (As of Mar. 2026)


WAR:FOR Forever Entertainment SA WAR:FOR
74 GF Score
Price zł2.51
GF Value zł3.19
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Forever Entertainment Cash Conversion Cycle?

Forever Entertainment WAR:FOR 74 Cash Conversion Cycle is 338.77 as of Mar. 2026. GuruFocus rates WAR:FOR with a GF Score™ of 74/100 and a GF Value™ of zł3.19 (Modestly Undervalued). The stock has 3 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.

Forever Entertainment's Days Sales Outstanding for the three months ended in Mar. 2026 was 52.77.
Forever Entertainment's Days Inventory for the three months ended in Mar. 2026 was 1296.85.
Forever Entertainment's Days Payable for the three months ended in Mar. 2026 was 1010.85.
Therefore, Forever Entertainment's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 338.77.


Forever Entertainment  (WAR:FOR) 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.


Forever Entertainment Cash Conversion Cycle Related Terms


Forever Entertainment Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Forever Entertainment'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.

Forever Entertainment Cash Conversion Cycle Chart

Forever Entertainment 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 60.12 35.04 34.90 25.73 36.05

Forever Entertainment 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 55.63 96.68 56.96 279.49 338.77

WAR:FOR vs NTES, EA, TTWO: Cash Conversion Cycle Comparison

For the Electronic Gaming & Multimedia subindustry, Forever Entertainment'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.


Forever Entertainment Cash Conversion Cycle vs Interactive Media Industry

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

* The bar in red indicates where Forever Entertainment's Cash Conversion Cycle falls into.


WAR:FOR
74GF Score
Forever Entertainment SA WAR:FOR
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Forever Entertainment 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.

Forever Entertainment'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
=36.05+0-0
=36.05

Forever Entertainment'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
=52.77+1296.85-1010.85
=338.77

* 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 338.77 mean?
Forever Entertainment (WAR:FOR) has a Cash Conversion Cycle of 338.77 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Forever Entertainment and its competitors.
Is Forever Entertainment's Cash Conversion Cycle too high?
Forever Entertainment's current Cash Conversion Cycle is 338.77. The Interactive Media industry median Cash Conversion Cycle is 18.31. Forever Entertainment's value of 338.77 is 1750.2% above this industry median. Overall, Forever Entertainment has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forever Entertainment's Cash Conversion Cycle compare to NTES and EA?
Forever Entertainment's Cash Conversion Cycle of 338.77 can be compared against companies in the Interactive Media industry. The industry median Cash Conversion Cycle is 18.31. Forever Entertainment's value of 338.77 is 1750.2% 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 an Interactive Media company?
The median Cash Conversion Cycle among Interactive Media companies is 18.31, based on 548 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. Forever Entertainment's current Cash Conversion Cycle of 338.77 is 1750.2% 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 Forever Entertainment and its competitors. For the Interactive Media industry, the median Cash Conversion Cycle is 18.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forever Entertainment's current Cash Conversion Cycle is 338.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forever Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Forever Entertainment (WAR:FOR) is currently considered Modestly Undervalued. The stock's GF Value™ is zł3.19, compared to a current price of zł2.51 — trading 21.3% below its estimated fair value. The current Cash Conversion Cycle is 338.77 and 1750.2% above the Interactive Media industry median of 18.31. Forever Entertainment's overall GF Score™ is 74/100 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 Forever Entertainment (WAR:FOR), the current Cash Conversion Cycle is 338.77 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 Forever Entertainment (WAR:FOR) Overvalued in 2026?

Based on GuruFocus' analysis, Forever Entertainment stock appears to be undervalued. The current stock price of zł2.51 is trading 21.3% below its estimated GF Value™ of zł3.19. GuruFocus considers Forever Entertainment to be Modestly Undervalued.

Key valuation signals for WAR:FOR:

  • Cash Conversion Cycle: 338.77
  • GF Value™: zł3.19 vs. price of zł2.51 (21.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 1750.2% above the Interactive Media median

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


Forever Entertainment Business Description

Address Al. Zwyciestwa 96/98, Gdynia, POL, 81-451
Forever Entertainment SA is an entertainment company that designs and manufactures computer game for different platforms. The company's games, such as Startioe, Not Dying Today, The Final Take, Zombillie, Teddy Floppy Ear, among others.
74GF Score

Get the complete analysis for WAR:FOR

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł2.51
Price
zł3.19
GF Value