Kirin Holdings Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 73.92.
Kirin Holdings Co's Days Inventory for the
three
months ended in Mar. 2026 was 99.8.
Kirin Holdings Co's Days Payable for the
three
months ended in Mar. 2026 was 106.3.
Therefore, Kirin Holdings Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 67.42.
Kirin Holdings Co (FRA:KIR) 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.
Kirin Holdings Co Cash Conversion Cycle Related Terms
Kirin Holdings Co Cash Conversion Cycle Historical Data
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The historical data trend for Kirin Holdings Co'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.
FRA:KIR vs BUD, STZ, TAP: Cash Conversion Cycle Comparison
For the Beverages - Brewers subindustry, Kirin Holdings Co'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.
Kirin Holdings Co Cash Conversion Cycle vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Kirin Holdings Co's Cash Conversion Cycle falls into.
Kirin Holdings Co 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.
Kirin Holdings Co'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.
Kirin Holdings Co (FRA:KIR) has a Cash Conversion Cycle of 67.42 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Kirin Holdings Co and its competitors.
Is Kirin Holdings Co's Cash Conversion Cycle too high?
Kirin Holdings Co's current Cash Conversion Cycle is 67.42. The Beverages - Alcoholic industry median Cash Conversion Cycle is 146.27. Kirin Holdings Co's value of 67.42 is 53.9% below this industry median. Overall, Kirin Holdings Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirin Holdings Co's Cash Conversion Cycle compare to BUD and STZ?
Kirin Holdings Co's Cash Conversion Cycle of 67.42 can be compared against companies in the Beverages - Alcoholic industry. The industry median Cash Conversion Cycle is 146.27. Kirin Holdings Co's value of 67.42 is 53.9% 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 Beverages - Alcoholic company?
The median Cash Conversion Cycle among Beverages - Alcoholic companies is 146.27, based on 213 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. Kirin Holdings Co's current Cash Conversion Cycle of 67.42 is 53.9% 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 Kirin Holdings Co and its competitors. For the Beverages - Alcoholic industry, the median Cash Conversion Cycle is 146.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirin Holdings Co's current Cash Conversion Cycle is 67.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kirin Holdings Co (FRA:KIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.00, compared to a current price of €14.79 — trading 13.8% above its estimated fair value. The current Cash Conversion Cycle is 67.42 and 53.9% below the Beverages - Alcoholic industry median of 146.27. Kirin Holdings Co's overall GF Score™ is 77/100 with 9 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 Kirin Holdings Co (FRA:KIR), the current Cash Conversion Cycle is 67.42 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 Kirin Holdings Co (FRA:KIR) Overvalued in 2026?
Based on GuruFocus' analysis, Kirin Holdings Co stock appears to be overvalued.
The current stock price of €14.79 is trading 13.8% above its estimated GF Value™ of €13.00.
GuruFocus considers Kirin Holdings Co to be Modestly Overvalued.
Key valuation signals for FRA:KIR:
Cash Conversion Cycle: 67.42
GF Value™: €13.00 vs. price of €14.79 (13.8% above fair value)
Industry Position: 53.9% below the Beverages - Alcoholic median
No single metric tells the full story. See the FRA:KIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's revenue.
77GF Score
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