KBJ (WAR:KBJ) Cash Conversion Cycle: 126.82 (As of Mar. 2026)


WAR:KBJ KBJ SA WAR:KBJ
77 GF Score
Price zł20.80
GF Value zł20.09
Valuation Fairly Valued
! 6 Warning Signs
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What is KBJ Cash Conversion Cycle?

KBJ WAR:KBJ 77 Cash Conversion Cycle is 126.82 as of Mar. 2026. GuruFocus rates WAR:KBJ with a GF Score™ of 77/100 and a GF Value™ of zł20.09 (Fairly Valued). 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.

KBJ's Days Sales Outstanding for the three months ended in Mar. 2026 was 88.62.
KBJ's Days Inventory for the three months ended in Mar. 2026 was 372.16.
KBJ's Days Payable for the three months ended in Mar. 2026 was 333.96.
Therefore, KBJ's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 126.82.


KBJ  (WAR:KBJ) 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.


KBJ Cash Conversion Cycle Related Terms


KBJ Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for KBJ'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.

KBJ Cash Conversion Cycle Chart

KBJ 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 -965.03 -470.07 97.60 -1,164.37 -189.46

KBJ 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 -142.61 116.20 667.63 85.51 126.82

WAR:KBJ vs IBM, ACN, FISV: Cash Conversion Cycle Comparison

For the Information Technology Services subindustry, KBJ'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.


KBJ Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, KBJ's Cash Conversion Cycle distribution charts can be found below:

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


WAR:KBJ
77GF Score
KBJ SA WAR:KBJ
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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KBJ 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.

KBJ'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
=101.58+876.28-1167.32
=-189.46

KBJ'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
=88.62+372.16-333.96
=126.82

* 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 126.82 mean?
KBJ (WAR:KBJ) has a Cash Conversion Cycle of 126.82 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on KBJ and its competitors.
Is KBJ's Cash Conversion Cycle too high?
KBJ's current Cash Conversion Cycle is 126.82. The Software industry median Cash Conversion Cycle is 32.25. KBJ's value of 126.82 is 293.2% above this industry median. Overall, KBJ has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KBJ's Cash Conversion Cycle compare to IBM and ACN?
KBJ's Cash Conversion Cycle of 126.82 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. KBJ's value of 126.82 is 293.2% 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 a Software company?
The median Cash Conversion Cycle among Software companies is 32.25, based on 2,803 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. KBJ's current Cash Conversion Cycle of 126.82 is 293.2% 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 KBJ and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KBJ's current Cash Conversion Cycle is 126.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KBJ stock overvalued right now?
Based on GuruFocus' analysis, KBJ (WAR:KBJ) is currently considered Fairly Valued. The stock's GF Value™ is zł20.09, compared to a current price of zł20.80 — trading 3.5% above its estimated fair value. The current Cash Conversion Cycle is 126.82 and 293.2% above the Software industry median of 32.25. KBJ's overall GF Score™ is 77/100 with 6 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 KBJ (WAR:KBJ), the current Cash Conversion Cycle is 126.82 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 KBJ (WAR:KBJ) Overvalued in 2026?

Based on GuruFocus' analysis, KBJ stock appears to be overvalued. The current stock price of zł20.80 is trading 3.5% above its estimated GF Value™ of zł20.09. GuruFocus considers KBJ to be Fairly Valued.

Key valuation signals for WAR:KBJ:

  • Cash Conversion Cycle: 126.82
  • GF Value™: zł20.09 vs. price of zł20.80 (3.5% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 293.2% above the Software median

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


KBJ Business Description

Address Obozowa Street 57, Warsaw, POL, 01-161
KBJ SA is engaged in providing implementation and consulting services as well as building dedicated IT solutions that are compliant with individual customer needs. The company services include Business Intelligence & Big Data, SAP Development, ERP S/4 HANA, SAP application service, e-Drugs, E-JPK, HR Cloud Portal, and Research & Development.
77GF Score

Get the complete analysis for WAR:KBJ

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

zł20.80
Price
zł20.09
GF Value