Riken Technos (FRA:9B3) Cash Conversion Cycle: 69.00 (As of Mar. 2026)


FRA:9B3 Riken Technos Corp FRA:9B3
89 GF Score
Price €9.50
GF Value €7.14
! 3 Warning Signs
View Full Analysis

What is Riken Technos Cash Conversion Cycle?

Riken Technos FRA:9B3 +1.95% 89 Cash Conversion Cycle is 69.00 as of Mar. 2026. GuruFocus rates FRA:9B3 with a GF Score™ of 89/100 and a GF Value™ of €7.14. The stock has 3 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.

Riken Technos's Days Sales Outstanding for the three months ended in Mar. 2026 was 64.24.
Riken Technos's Days Inventory for the three months ended in Mar. 2026 was 72.25.
Riken Technos's Days Payable for the three months ended in Mar. 2026 was 67.49.
Therefore, Riken Technos's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 69.00.


Riken Technos  (FRA:9B3) 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.


Riken Technos Cash Conversion Cycle Related Terms


Riken Technos Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Riken Technos'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.

Riken Technos Cash Conversion Cycle Chart

Riken Technos Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.89 62.75 65.60 63.96 71.32

Riken Technos 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 63.84 66.17 65.53 64.86 69.00

FRA:9B3 vs DOW: Cash Conversion Cycle Comparison

For the Chemicals subindustry, Riken Technos'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.


Riken Technos Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Riken Technos's Cash Conversion Cycle distribution charts can be found below:

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


FRA:9B3
89GF Score
Riken Technos Corp FRA:9B3
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riken Technos 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.

Riken Technos's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=64.9+78.02-71.6
=71.32

Riken Technos'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
=64.24+72.25-67.49
=69.00

* 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 69.00 mean?
Riken Technos (FRA:9B3) has a Cash Conversion Cycle of 69.00 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Riken Technos and its competitors.
Is Riken Technos' Cash Conversion Cycle too high?
Riken Technos' current Cash Conversion Cycle is 69.00. The Chemicals industry median Cash Conversion Cycle is 89.33. Riken Technos' value of 69.00 is 22.8% below this industry median. Overall, Riken Technos has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Riken Technos' Cash Conversion Cycle compare to DOW?
Riken Technos' Cash Conversion Cycle of 69.00 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.33. Riken Technos' value of 69.00 is 22.8% below 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.33, based on 1,575 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. Riken Technos's current Cash Conversion Cycle of 69.00 is 22.8% below 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 Riken Technos and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riken Technos's current Cash Conversion Cycle is 69.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riken Technos stock overvalued right now?
Riken Technos (FRA:9B3) has a current Cash Conversion Cycle of 69.00. The stock's GF Value™ is €7.14, compared to a current price of €9.50 — trading 33% above its estimated fair value. The current Cash Conversion Cycle is 69.00 and 22.8% below the Chemicals industry median of 89.33. Riken Technos' overall GF Score™ is 89/100 with 3 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 Riken Technos (FRA:9B3), the current Cash Conversion Cycle is 69.00 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 Riken Technos (FRA:9B3) Overvalued in 2026?

Based on GuruFocus' analysis, Riken Technos stock appears to be overvalued. The current stock price of €9.50 is trading 33% above its estimated GF Value™ of €7.14.

Key valuation signals for FRA:9B3:

  • Cash Conversion Cycle: 69.00
  • GF Value™: €7.14 vs. price of €9.50 (33% above fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 22.8% below the Chemicals median

No single metric tells the full story. See the FRA:9B3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riken Technos Business Description

Other Exchanges 4220:Japan
Address 2-101, Kanda-Awajicho, Waterras Tower, Chiyoda-ku, Tokyo, JPN, 101-8336
Riken Technos Corp engages in the production and sale of synthetic resin products. Its operations are carried out through the following businesses: Compound, Film, Food Wrapping, and Others. The compound unit deals with synthetic resin mixtures in the form of pellets as primary materials for plastic molded products. The Film business handles synthetic resin processed into films. The Food Wrapping business manages thin synthetic resin films for food packaging use.
89GF Score

Get the complete analysis for FRA:9B3

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

€9.50
Price
€7.14
GF Value