Kcell JSC (XKAZ:KCEL) Cash Conversion Cycle: -5.64 (As of Mar. 2026)

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.

XKAZ:KCEL Kcell JSC XKAZ:KCEL
57 GF Score
Price ₸3,235.98
GF Value ₸3,652.09
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Kcell JSC Cash Conversion Cycle?

Kcell JSC XKAZ:KCEL +0.22% 57 Cash Conversion Cycle is -5.64 as of Mar. 2026. GuruFocus rates XKAZ:KCEL with a GF Score™ of 57/100 and a GF Value™ of ₸3,652.09 (Modestly Undervalued). The stock has 9 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.

Kcell JSC's Days Sales Outstanding for the three months ended in Mar. 2026 was 43.91.
Kcell JSC's Days Inventory for the three months ended in Mar. 2026 was 17.74.
Kcell JSC's Days Payable for the three months ended in Mar. 2026 was 67.29.
Therefore, Kcell JSC's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -5.64.


Kcell JSC  (XKAZ:KCEL) 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.


Kcell JSC Cash Conversion Cycle Related Terms


Kcell JSC Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Kcell JSC'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.

Kcell JSC Cash Conversion Cycle Chart

Kcell JSC 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 -27.61 -36.18 -20.42 -16.29 -22.95

Kcell JSC 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 -11.64 -14.26 -14.44 -8.38 -5.64

XKAZ:KCEL vs VZ, TMUS, T: Cash Conversion Cycle Comparison

For the Telecom Services subindustry, Kcell JSC'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.


Kcell JSC Cash Conversion Cycle vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kcell JSC's Cash Conversion Cycle distribution charts can be found below:

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


XKAZ:KCEL
57GF Score
Kcell JSC XKAZ:KCEL
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kcell JSC 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.

Kcell JSC'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
=39.04+16.09-78.08
=-22.95

Kcell JSC'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
=43.91+17.74-67.29
=-5.64

* 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 -5.64 mean?
Kcell JSC (XKAZ:KCEL) has a Cash Conversion Cycle of -5.64 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Kcell JSC and its competitors.
Is Kcell JSC's Cash Conversion Cycle too high?
Kcell JSC's current Cash Conversion Cycle is -5.64. Overall, Kcell JSC has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kcell JSC's Cash Conversion Cycle compare to VZ and TMUS?
Kcell JSC's Cash Conversion Cycle of -5.64 can be compared against companies in the Telecommunication Services industry. 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 Telecommunication Services company?
A good Cash Conversion Cycle depends on the Telecommunication Services industry context. 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 Kcell JSC and its competitors. Kcell JSC's current Cash Conversion Cycle is -5.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kcell JSC stock overvalued right now?
Based on GuruFocus' analysis, Kcell JSC (XKAZ:KCEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₸3,652.09, compared to a current price of ₸3,235.98 — trading 11.4% below its estimated fair value. The current Cash Conversion Cycle is -5.64. Kcell JSC's overall GF Score™ is 57/100 with 9 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 Kcell JSC (XKAZ:KCEL), the current Cash Conversion Cycle is -5.64 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 Kcell JSC (XKAZ:KCEL) Overvalued in 2026?

Based on GuruFocus' analysis, Kcell JSC stock appears to be undervalued. The current stock price of ₸3,235.98 is trading 11.4% below its estimated GF Value™ of ₸3,652.09. GuruFocus considers Kcell JSC to be Modestly Undervalued.

Key valuation signals for XKAZ:KCEL:

  • Cash Conversion Cycle: -5.64
  • GF Value™: ₸3,652.09 vs. price of ₸3,235.98 (11.4% below fair value)
  • GF Score™: 57/100 with 9 warning signs

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


Kcell JSC Business Description

Address Alimzhanova Street, 51, Almaty, KAZ, 050004
Kcell JSC is a Kazakhstan-based company. It is engaged in providing mobile telecommunications services to both individuals and organizations including voice, SMS, MMS and data transmission. It offers Internet access and value-added services, including mobile content. The company is involved in designing, constructing and operating a cellular telecommunications network in the Republic of Kazakhstan using GSM (Global System for Mobile Communications) standard. It operates its business through Kcell which targets the mass market, corporate subscribers, public organizations as well as high-net-worth individuals. The company generates revenue from the sale of voice and other services, data service, handsets, and value-added services.
57GF Score

Get the complete analysis for XKAZ:KCEL

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

₸3,235.98
Price
₸3,652.09
GF Value