Eni SpA's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 54.9.
Eni SpA's Days Inventory for the
three
months ended in Mar. 2026 was 27.45.
Eni SpA's Days Payable for the
three
months ended in Mar. 2026 was 90.65.
Therefore, Eni SpA's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was -8.30.
Eni SpA (XSWX:ENI) 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.
Eni SpA Cash Conversion Cycle Related Terms
Eni SpA Cash Conversion Cycle Historical Data
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The historical data trend for Eni SpA'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.
XSWX:ENI vs XOM, CVX: Cash Conversion Cycle Comparison
For the Oil & Gas Integrated subindustry, Eni SpA'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.
Eni SpA Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Eni SpA's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Eni SpA'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.
Eni SpA's Cash Conversion Cycle for the fiscal year that ended in Dec. 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.
Eni SpA (XSWX:ENI) has a Cash Conversion Cycle of -8.30 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Eni SpA and its competitors.
Is Eni SpA's Cash Conversion Cycle too high?
Eni SpA's current Cash Conversion Cycle is -8.30. Overall, Eni SpA has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Eni SpA's Cash Conversion Cycle compare to XOM and CVX?
Eni SpA's Cash Conversion Cycle of -8.30 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.37. 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 Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.37, based on 920 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. 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 Eni SpA and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eni SpA's current Cash Conversion Cycle is -8.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eni SpA stock overvalued right now?
Eni SpA (XSWX:ENI) has a current Cash Conversion Cycle of -8.30. The stock's GF Value™ is CHF15.91, compared to a current price of CHF21.95 — trading 38% above its estimated fair value. The current Cash Conversion Cycle is -8.30. Eni SpA's overall GF Score™ is 57/100 with 4 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 Eni SpA (XSWX:ENI), the current Cash Conversion Cycle is -8.30 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 Eni SpA (XSWX:ENI) Overvalued in 2026?
Based on GuruFocus' analysis, Eni SpA stock appears to be overvalued.
The current stock price of CHF21.95 is trading 38% above its estimated GF Value™ of CHF15.91.
Key valuation signals for XSWX:ENI:
Cash Conversion Cycle: -8.30
GF Value™: CHF15.91 vs. price of CHF21.95 (38% above fair value)
No single metric tells the full story. See the XSWX:ENI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At year-end 2025, Eni held reserves of 6.9 billion barrels of oil equivalent, 44% of which are liquids. The Italian government owns a 33.1% stake in the company. Plentitude, Eni's renewable and low-carbon business, has 5.8 gigawatts of renewable power capacity, serves 10 million electricity customers, and operates 23,000 electric vehicle charging points.
57GF Score
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