Candela Invest (XBRU:CAND) Cash Conversion Cycle: 22.63 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBRU:CAND Candela Invest SA XBRU:CAND
53 GF Score
Price €2.22
GF Value €2.18
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Candela Invest Cash Conversion Cycle?

Candela Invest XBRU:CAND 53 Cash Conversion Cycle is 22.63 as of Dec. 2025. GuruFocus rates XBRU:CAND with a GF Score™ of 53/100 and a GF Value™ of €2.18 (Fairly Valued). 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.

Candela Invest's Days Sales Outstanding for the six months ended in Dec. 2025 was 18.65.
Candela Invest's Days Inventory for the six months ended in Dec. 2025 was 14.91.
Candela Invest's Days Payable for the six months ended in Dec. 2025 was 10.93.
Therefore, Candela Invest's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 22.63.


Candela Invest  (XBRU:CAND) 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.


Candela Invest Cash Conversion Cycle Related Terms


Candela Invest Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Candela Invest'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.

Candela Invest Cash Conversion Cycle Chart

Candela Invest Annual Data
Trend Jul11 Jul12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.83 162.06 103.58 103.26 93.28

Candela Invest Semi-Annual Data
Jul12 Jan13 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 69.53 3,993.99 69.14 1,074.92 22.63

XBRU:CAND vs BLK, BX, KKR: Cash Conversion Cycle Comparison

For the Asset Management subindustry, Candela Invest'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.


Candela Invest Cash Conversion Cycle vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Candela Invest's Cash Conversion Cycle distribution charts can be found below:

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


XBRU:CAND
53GF Score
Candela Invest SA XBRU:CAND
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Candela Invest 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.

Candela Invest's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=79.78+45.84-32.34
=93.28

Candela Invest's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=18.65+14.91-10.93
=22.63

* 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 22.63 mean?
Candela Invest (XBRU:CAND) has a Cash Conversion Cycle of 22.63 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Candela Invest and its competitors.
Is Candela Invest's Cash Conversion Cycle too high?
Candela Invest's current Cash Conversion Cycle is 22.63. The Asset Management industry median Cash Conversion Cycle is 4.78. Candela Invest's value of 22.63 is 373.4% above this industry median. Overall, Candela Invest has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Candela Invest's Cash Conversion Cycle compare to BLK and BX?
Candela Invest's Cash Conversion Cycle of 22.63 can be compared against companies in the Asset Management industry. The industry median Cash Conversion Cycle is 4.78. Candela Invest's value of 22.63 is 373.4% 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 Asset Management company?
The median Cash Conversion Cycle among Asset Management companies is 4.78, based on 609 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. Candela Invest's current Cash Conversion Cycle of 22.63 is 373.4% 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 Candela Invest and its competitors. For the Asset Management industry, the median Cash Conversion Cycle is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candela Invest's current Cash Conversion Cycle is 22.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candela Invest stock overvalued right now?
Based on GuruFocus' analysis, Candela Invest (XBRU:CAND) is currently considered Fairly Valued. The stock's GF Value™ is €2.18, compared to a current price of €2.22 — trading 1.8% above its estimated fair value. The current Cash Conversion Cycle is 22.63 and 373.4% above the Asset Management industry median of 4.78. Candela Invest's overall GF Score™ is 53/100 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 Candela Invest (XBRU:CAND), the current Cash Conversion Cycle is 22.63 as of Dec. 2025. 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 Candela Invest (XBRU:CAND) Overvalued in 2026?

Based on GuruFocus' analysis, Candela Invest stock appears to be overvalued. The current stock price of €2.22 is trading 1.8% above its estimated GF Value™ of €2.18. GuruFocus considers Candela Invest to be Fairly Valued.

Key valuation signals for XBRU:CAND:

  • Cash Conversion Cycle: 22.63
  • GF Value™: €2.18 vs. price of €2.22 (1.8% above fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 373.4% above the Asset Management median

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


Candela Invest Business Description

Address Route de Lennik 451 / 32, Brussels, BEL, 1070
Candela Invest SA is a holding company whose main objective is the acquisition, management and sale of high-potential investments.
53GF Score

Get the complete analysis for XBRU:CAND

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

€2.22
Price
€2.18
GF Value