Nifco (FRA:9WM) Cash Conversion Cycle: 82.30 (As of Mar. 2026)


FRA:9WM Nifco Inc FRA:9WM
86 GF Score
Price €26.40
GF Value €21.61
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nifco Cash Conversion Cycle?

Nifco FRA:9WM +2.33% 86 Cash Conversion Cycle is 82.30 as of Mar. 2026. GuruFocus rates FRA:9WM with a GF Score™ of 86/100 and a GF Value™ of €21.61 (Modestly Overvalued). The stock has 2 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.

Nifco's Days Sales Outstanding for the three months ended in Mar. 2026 was 53.83.
Nifco's Days Inventory for the three months ended in Mar. 2026 was 59.71.
Nifco's Days Payable for the three months ended in Mar. 2026 was 31.24.
Therefore, Nifco's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 82.30.


Nifco  (FRA:9WM) 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.


Nifco Cash Conversion Cycle Related Terms


Nifco Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Nifco'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.

Nifco Cash Conversion Cycle Chart

Nifco 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 86.00 89.17 81.25 77.94 85.41

Nifco 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 73.58 81.66 82.80 83.39 82.30

FRA:9WM vs ORLY, AZO: Cash Conversion Cycle Comparison

For the Auto Parts subindustry, Nifco'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.


Nifco Cash Conversion Cycle vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nifco's Cash Conversion Cycle distribution charts can be found below:

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


FRA:9WM
86GF Score
Nifco Inc FRA:9WM
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nifco 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.

Nifco'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
=58.96+65.05-38.6
=85.41

Nifco'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
=53.83+59.71-31.24
=82.30

* 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 82.30 mean?
Nifco (FRA:9WM) has a Cash Conversion Cycle of 82.30 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nifco and its competitors.
Is Nifco's Cash Conversion Cycle too high?
Nifco's current Cash Conversion Cycle is 82.30. The Vehicles & Parts industry median Cash Conversion Cycle is 67.42. Nifco's value of 82.30 is 22.1% above this industry median. Overall, Nifco has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nifco's Cash Conversion Cycle compare to ORLY and AZO?
Nifco's Cash Conversion Cycle of 82.30 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.42. Nifco's value of 82.30 is 22.1% 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 a Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.42, based on 1,325 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. Nifco's current Cash Conversion Cycle of 82.30 is 22.1% 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 Nifco and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nifco's current Cash Conversion Cycle is 82.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nifco stock overvalued right now?
Based on GuruFocus' analysis, Nifco (FRA:9WM) is currently considered Modestly Overvalued. The stock's GF Value™ is €21.61, compared to a current price of €26.40 — trading 22.2% above its estimated fair value. The current Cash Conversion Cycle is 82.30 and 22.1% above the Vehicles & Parts industry median of 67.42. Nifco's overall GF Score™ is 86/100 with 2 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 Nifco (FRA:9WM), the current Cash Conversion Cycle is 82.30 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 Nifco (FRA:9WM) Overvalued in 2026?

Based on GuruFocus' analysis, Nifco stock appears to be overvalued. The current stock price of €26.40 is trading 22.2% above its estimated GF Value™ of €21.61. GuruFocus considers Nifco to be Modestly Overvalued.

Key valuation signals for FRA:9WM:

  • Cash Conversion Cycle: 82.30
  • GF Value™: €21.61 vs. price of €26.40 (22.2% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 22.1% above the Vehicles & Parts median

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


Nifco Business Description

Other Exchanges 7988:Japan
Address 5-3 Hikari no Oka, Kanagawa Prefecture, Yokosuka, JPN, 239-8560
Nifco Inc is a Japan-based manufacturing company mainly engaged in the synthetic resin business. The company operates through two main segments. The Bed and Furniture business offers products such as beds, reclining chairs, and related furnishings. The Synthetic Resin Molded Products business provides industrial plastics, fasteners, and precision molded plastic components used across various industries. It generates the majority of its revenue from the Synthetic resin molded products business segment.
86GF Score

Get the complete analysis for FRA:9WM

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

€26.40
Price
€21.61
GF Value