Rakuten Group (FRA:RAKA) Cash Conversion Cycle: 60.81 (As of Mar. 2026)


FRA:RAKA Rakuten Group Inc FRA:RAKA
61 GF Score
Price €3.98
GF Value €4.86
! 6 Warning Signs
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What is Rakuten Group Cash Conversion Cycle?

Rakuten Group FRA:RAKA +5.85% 61 Cash Conversion Cycle is 60.81 as of Mar. 2026. GuruFocus rates FRA:RAKA with a GF Score™ of 61/100 and a GF Value™ of €4.86. The stock has 6 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.

Rakuten Group's Days Sales Outstanding for the three months ended in Mar. 2026 was 60.81.
Rakuten Group's Days Inventory for the three months ended in Mar. 2026 was 0.
Rakuten Group's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, Rakuten Group's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 60.81.


Rakuten Group  (FRA:RAKA) 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.


Rakuten Group Cash Conversion Cycle Related Terms


Rakuten Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Rakuten 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.

Rakuten Group Cash Conversion Cycle Chart

Rakuten Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.36 67.10 68.56 64.81 67.36

Rakuten Group 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 63.32 55.89 56.15 55.60 60.81

FRA:RAKA vs AMZN, BABA, PDD: Cash Conversion Cycle Comparison

For the Internet Retail subindustry, Rakuten 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.


Rakuten Group Cash Conversion Cycle vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rakuten Group's Cash Conversion Cycle distribution charts can be found below:

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


FRA:RAKA
61GF Score
Rakuten Group Inc FRA:RAKA
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Rakuten 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.

Rakuten Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=67.36+0-0
=67.36

Rakuten Group'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
=60.81+0-0
=60.81

* 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 60.81 mean?
Rakuten Group (FRA:RAKA) has a Cash Conversion Cycle of 60.81 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Rakuten Group and its competitors.
Is Rakuten Group's Cash Conversion Cycle too high?
Rakuten Group's current Cash Conversion Cycle is 60.81. The Retail - Cyclical industry median Cash Conversion Cycle is 69.06. Rakuten Group's value of 60.81 is 11.9% below this industry median. Overall, Rakuten Group has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Rakuten Group's Cash Conversion Cycle compare to AMZN and BABA?
Rakuten Group's Cash Conversion Cycle of 60.81 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 69.06. Rakuten Group's value of 60.81 is 11.9% 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 Retail - Cyclical company?
The median Cash Conversion Cycle among Retail - Cyclical companies is 69.06, based on 1,122 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. Rakuten Group's current Cash Conversion Cycle of 60.81 is 11.9% 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 Rakuten Group and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 69.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rakuten Group's current Cash Conversion Cycle is 60.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rakuten Group stock overvalued right now?
Rakuten Group (FRA:RAKA) has a current Cash Conversion Cycle of 60.81. The stock's GF Value™ is €4.86, compared to a current price of €3.98 — trading 18.1% below its estimated fair value. The current Cash Conversion Cycle is 60.81 and 11.9% below the Retail - Cyclical industry median of 69.06. Rakuten Group's overall GF Score™ is 61/100 with 6 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 Rakuten Group (FRA:RAKA), the current Cash Conversion Cycle is 60.81 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 Rakuten Group (FRA:RAKA) Overvalued in 2026?

Based on GuruFocus' analysis, Rakuten Group stock appears to be undervalued. The current stock price of €3.98 is trading 18.1% below its estimated GF Value™ of €4.86.

Key valuation signals for FRA:RAKA:

  • Cash Conversion Cycle: 60.81
  • GF Value™: €4.86 vs. price of €3.98 (18.1% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 11.9% below the Retail - Cyclical median

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


Rakuten Group Business Description

Address 1-14-1 Tamagawa, Rakuten Crimson House, Setagaya-ku, Tokyo, JPN, 158-0094
Rakuten is a leading e-commerce and financial technology service provider in Japan. It has built up a comprehensive Rakuten ecosystem in Japan, including Rakuten Ichiba for e-commerce, Rakuten Travel, Rakuten Card, Rakuten Bank, and Rakuten Securities, and became the fourth mobile network operator in Japan in April 2020. The loyalty program, Rakuten Super Points, has encouraged cross-use of services in its ecosystem. About 90% of its revenue is generated from the Japanese market.
61GF Score

Get the complete analysis for FRA:RAKA

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

€3.98
Price
€4.86
GF Value