INA-Industrija Nafte DD's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 32.54.
INA-Industrija Nafte DD's Days Inventory for the
three
months ended in Mar. 2026 was 55.89.
INA-Industrija Nafte DD's Days Payable for the
three
months ended in Mar. 2026 was 39.8.
Therefore, INA-Industrija Nafte DD's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 48.63.
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.
INA-Industrija Nafte DD Cash Conversion Cycle Related Terms
INA-Industrija Nafte DD Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for INA-Industrija Nafte DD'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.
ZAG:INA vs VLO, MPC, PSX: Cash Conversion Cycle Comparison
For the Oil & Gas Refining & Marketing subindustry, INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, INA-Industrija Nafte DD's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD (ZAG:INA) has a Cash Conversion Cycle of 48.63 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on INA-Industrija Nafte DD and its competitors.
Is INA-Industrija Nafte DD's Cash Conversion Cycle too high?
INA-Industrija Nafte DD's current Cash Conversion Cycle is 48.63. The Oil & Gas industry median Cash Conversion Cycle is 18.26. INA-Industrija Nafte DD's value of 48.63 is 166.4% above this industry median. Overall, INA-Industrija Nafte DD has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INA-Industrija Nafte DD's Cash Conversion Cycle compare to VLO and MPC?
INA-Industrija Nafte DD's Cash Conversion Cycle of 48.63 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.26. INA-Industrija Nafte DD's value of 48.63 is 166.4% 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 Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.26, based on 916 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. INA-Industrija Nafte DD's current Cash Conversion Cycle of 48.63 is 166.4% 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 INA-Industrija Nafte DD and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INA-Industrija Nafte DD's current Cash Conversion Cycle is 48.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INA-Industrija Nafte DD stock overvalued right now?
Based on GuruFocus' analysis, INA-Industrija Nafte DD (ZAG:INA) is currently considered Significantly Overvalued. The stock's GF Value™ is €358.23, compared to a current price of €530.00 — trading 47.9% above its estimated fair value. The current Cash Conversion Cycle is 48.63 and 166.4% above the Oil & Gas industry median of 18.26. INA-Industrija Nafte DD's overall GF Score™ is 74/100 with 7 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 INA-Industrija Nafte DD (ZAG:INA), the current Cash Conversion Cycle is 48.63 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 INA-Industrija Nafte DD (ZAG:INA) Overvalued in 2026?
Based on GuruFocus' analysis, INA-Industrija Nafte DD stock appears to be overvalued.
The current stock price of €530.00 is trading 47.9% above its estimated GF Value™ of €358.23.
GuruFocus considers INA-Industrija Nafte DD to be Significantly Overvalued.
Key valuation signals for ZAG:INA:
Cash Conversion Cycle: 48.63
GF Value™: €358.23 vs. price of €530.00 (47.9% above fair value)
Industry Position: 166.4% above the Oil & Gas median
No single metric tells the full story. See the ZAG:INA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INA-Industrija Nafte DD is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.
74GF Score
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