DaikyoNishikawa (FRA:DK8) Cash Conversion Cycle: 26.19 (As of Mar. 2026)


FRA:DK8 DaikyoNishikawa Corp FRA:DK8
82 GF Score
Price €5.10
GF Value €3.84
! 5 Warning Signs
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What is DaikyoNishikawa Cash Conversion Cycle?

DaikyoNishikawa FRA:DK8 -0.97% 82 Cash Conversion Cycle is 26.19 as of Mar. 2026. GuruFocus rates FRA:DK8 with a GF Score™ of 82/100 and a GF Value™ of €3.84. The stock has 5 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.

DaikyoNishikawa's Days Sales Outstanding for the three months ended in Mar. 2026 was 64.17.
DaikyoNishikawa's Days Inventory for the three months ended in Mar. 2026 was 19.61.
DaikyoNishikawa's Days Payable for the three months ended in Mar. 2026 was 57.59.
Therefore, DaikyoNishikawa's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 26.19.


DaikyoNishikawa  (FRA:DK8) 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.


DaikyoNishikawa Cash Conversion Cycle Related Terms


DaikyoNishikawa Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for DaikyoNishikawa'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.

DaikyoNishikawa Cash Conversion Cycle Chart

DaikyoNishikawa 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 31.49 28.84 29.41 24.62 27.98

DaikyoNishikawa 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 22.56 21.48 21.96 21.86 26.19

FRA:DK8 vs ORLY, AZO: Cash Conversion Cycle Comparison

For the Auto Parts subindustry, DaikyoNishikawa'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.


DaikyoNishikawa Cash Conversion Cycle vs Vehicles & Parts Industry

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

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


FRA:DK8
82GF Score
DaikyoNishikawa Corp FRA:DK8
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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DaikyoNishikawa 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.

DaikyoNishikawa'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
=66.84+22.05-60.91
=27.98

DaikyoNishikawa'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
=64.17+19.61-57.59
=26.19

* 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 26.19 mean?
DaikyoNishikawa (FRA:DK8) has a Cash Conversion Cycle of 26.19 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on DaikyoNishikawa and its competitors.
Is DaikyoNishikawa's Cash Conversion Cycle too high?
DaikyoNishikawa's current Cash Conversion Cycle is 26.19. The Vehicles & Parts industry median Cash Conversion Cycle is 67.26. DaikyoNishikawa's value of 26.19 is 61.1% below this industry median. Overall, DaikyoNishikawa has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does DaikyoNishikawa's Cash Conversion Cycle compare to ORLY and AZO?
DaikyoNishikawa's Cash Conversion Cycle of 26.19 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.26. DaikyoNishikawa's value of 26.19 is 61.1% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.26, based on 1,323 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. DaikyoNishikawa's current Cash Conversion Cycle of 26.19 is 61.1% 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 DaikyoNishikawa and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DaikyoNishikawa's current Cash Conversion Cycle is 26.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DaikyoNishikawa stock overvalued right now?
DaikyoNishikawa (FRA:DK8) has a current Cash Conversion Cycle of 26.19. The stock's GF Value™ is €3.84, compared to a current price of €5.10 — trading 32.8% above its estimated fair value. The current Cash Conversion Cycle is 26.19 and 61.1% below the Vehicles & Parts industry median of 67.26. DaikyoNishikawa's overall GF Score™ is 82/100 with 5 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 DaikyoNishikawa (FRA:DK8), the current Cash Conversion Cycle is 26.19 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 DaikyoNishikawa (FRA:DK8) Overvalued in 2026?

Based on GuruFocus' analysis, DaikyoNishikawa stock appears to be overvalued. The current stock price of €5.10 is trading 32.8% above its estimated GF Value™ of €3.84.

Key valuation signals for FRA:DK8:

  • Cash Conversion Cycle: 26.19
  • GF Value™: €3.84 vs. price of €5.10 (32.8% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 61.1% below the Vehicles & Parts median

No single metric tells the full story. See the FRA:DK8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DaikyoNishikawa Business Description

Other Exchanges 4246:Japan
Address 1-41-31 Kitashinchi, Saka-cho, Aki-gun, Hiroshima, JPN, 731-4311
DaikyoNishikawa Corp is primarily engaged in the manufacturing, engineering, and development of automotive and plastic parts. The company's automobile parts manufacturing division provides exterior, interior and engine parts. The plastic manufacturing division provides housing components such as bath unit parts, washstand and kitchen, and other parts. The company distributes its products within domestic market and to overseas markets.
82GF Score

Get the complete analysis for FRA:DK8

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

€5.10
Price
€3.84
GF Value