Japan Exchange Group's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 37.59.
Japan Exchange Group's Days Inventory for the
three
months ended in Mar. 2026 was 0.
Japan Exchange Group's Days Payable for the
three
months ended in Mar. 2026 was 24.84.
Therefore, Japan Exchange Group's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 12.75.
Japan Exchange Group (FRA:OSK) 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.
Japan Exchange Group Cash Conversion Cycle Related Terms
Japan Exchange Group Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Japan Exchange Group'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:OSK vs SPGI, CME, ICE: Cash Conversion Cycle Comparison
For the Financial Data & Stock Exchanges subindustry, Japan Exchange Group'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.
Japan Exchange Group Cash Conversion Cycle vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Japan Exchange Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Japan Exchange Group's Cash Conversion Cycle falls into.
Japan Exchange Group 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.
Japan Exchange Group'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.
Japan Exchange Group (FRA:OSK) has a Cash Conversion Cycle of 12.75 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Japan Exchange Group and its competitors.
Is Japan Exchange Group's Cash Conversion Cycle too high?
Japan Exchange Group's current Cash Conversion Cycle is 12.75. The Capital Markets industry median Cash Conversion Cycle is 1.64. Japan Exchange Group's value of 12.75 is 679.8% above this industry median. Overall, Japan Exchange Group has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Exchange Group's Cash Conversion Cycle compare to SPGI and CME?
Japan Exchange Group's Cash Conversion Cycle of 12.75 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.64. Japan Exchange Group's value of 12.75 is 679.8% 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 1.64, based on 640 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. Japan Exchange Group's current Cash Conversion Cycle of 12.75 is 679.8% 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 Japan Exchange Group and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Exchange Group's current Cash Conversion Cycle is 12.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, Japan Exchange Group (FRA:OSK) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.72, compared to a current price of €10.80 — trading 11.1% above its estimated fair value. The current Cash Conversion Cycle is 12.75 and 679.8% above the Capital Markets industry median of 1.64. Japan Exchange Group's overall GF Score™ is 87/100 with 7 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 Japan Exchange Group (FRA:OSK), the current Cash Conversion Cycle is 12.75 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 Japan Exchange Group (FRA:OSK) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Exchange Group stock appears to be overvalued.
The current stock price of €10.80 is trading 11.1% above its estimated GF Value™ of €9.72.
GuruFocus considers Japan Exchange Group to be Modestly Overvalued.
Key valuation signals for FRA:OSK:
Cash Conversion Cycle: 12.75
GF Value™: €9.72 vs. price of €10.80 (11.1% above fair value)
Industry Position: 679.8% above the Capital Markets median
No single metric tells the full story. See the FRA:OSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.
87GF Score
Get the complete analysis for FRA:OSK
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:OSK has been successfully added to your 
