Kobe Steel's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 54.61.
Kobe Steel's Days Inventory for the
three
months ended in Mar. 2026 was 116.95.
Kobe Steel's Days Payable for the
three
months ended in Mar. 2026 was 60.84.
Therefore, Kobe Steel's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 110.72.
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.
Kobe Steel Cash Conversion Cycle Related Terms
Kobe Steel Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Kobe Steel'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:KST vs NUE, STLD, RS: Cash Conversion Cycle Comparison
For the Steel subindustry, Kobe Steel'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.
Kobe Steel Cash Conversion Cycle vs Steel Industry
For the Steel industry and Basic Materials sector, Kobe Steel's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Kobe Steel'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.
Kobe Steel's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
Kobe Steel (FRA:KST) has a Cash Conversion Cycle of 110.72 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Kobe Steel and its competitors.
Is Kobe Steel's Cash Conversion Cycle too high?
Kobe Steel's current Cash Conversion Cycle is 110.72. The Steel industry median Cash Conversion Cycle is 94.68. Kobe Steel's value of 110.72 is 16.9% above this industry median. Overall, Kobe Steel has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kobe Steel's Cash Conversion Cycle compare to NUE and STLD?
Kobe Steel's Cash Conversion Cycle of 110.72 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.68. Kobe Steel's value of 110.72 is 16.9% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 94.68, based on 611 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. Kobe Steel's current Cash Conversion Cycle of 110.72 is 16.9% 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 Kobe Steel and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobe Steel's current Cash Conversion Cycle is 110.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobe Steel stock overvalued right now?
Based on GuruFocus' analysis, Kobe Steel (FRA:KST) is currently considered Fairly Valued. The stock's GF Value™ is €9.32, compared to a current price of €10.10 — trading 8.4% above its estimated fair value. The current Cash Conversion Cycle is 110.72 and 16.9% above the Steel industry median of 94.68. Kobe Steel's overall GF Score™ is 74/100 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 Kobe Steel (FRA:KST), the current Cash Conversion Cycle is 110.72 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 Kobe Steel (FRA:KST) Overvalued in 2026?
Based on GuruFocus' analysis, Kobe Steel stock appears to be overvalued.
The current stock price of €10.10 is trading 8.4% above its estimated GF Value™ of €9.32.
GuruFocus considers Kobe Steel to be Fairly Valued.
Key valuation signals for FRA:KST:
Cash Conversion Cycle: 110.72
GF Value™: €9.32 vs. price of €10.10 (8.4% above fair value)
No single metric tells the full story. See the FRA:KST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kobe Steel Ltd engages in the manufacture, production, and sale of iron and steel. The company operates through seven segments. The Construction Machinery segment offers excavators, cranes, loaders, and workboats. Electric Power supplies electricity through group companies. Engineering handles plants for steel, petrochemicals, nuclear, water, and waste treatment, along with civil engineering and transport systems. Machinery provides compressors, engines, refrigeration, heat pumps, chemical and rubber machinery, and specialty materials. Materials include steel, aluminum, titanium, copper, and forged products. Steel & Aluminum delivers rolled products, plates, wires, and special steels, while Welding covers electrodes, flux, robots, power sources, and related services.
74GF Score
Get the complete analysis for FRA:KST
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:KST has been successfully added to your 
