Mirarth Holdings (FRA:TDI) Cash Conversion Cycle: 172.44 (As of Mar. 2026)


FRA:TDI Mirarth Holdings Inc FRA:TDI
72 GF Score
Price €2.10
GF Value €2.45
! 7 Warning Signs
View Full Analysis

What is Mirarth Holdings Cash Conversion Cycle?

Mirarth Holdings FRA:TDI -0.94% 72 Cash Conversion Cycle is 172.44 as of Mar. 2026. GuruFocus rates FRA:TDI with a GF Score™ of 72/100 and a GF Value™ of €2.45. The stock has 7 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.

Mirarth Holdings's Days Sales Outstanding for the three months ended in Mar. 2026 was 7.6.
Mirarth Holdings's Days Inventory for the three months ended in Mar. 2026 was 174.35.
Mirarth Holdings's Days Payable for the three months ended in Mar. 2026 was 9.51.
Therefore, Mirarth Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 172.44.


Mirarth Holdings  (FRA:TDI) 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.


Mirarth Holdings Cash Conversion Cycle Related Terms


Mirarth Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Mirarth Holdings'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.

Mirarth Holdings Cash Conversion Cycle Chart

Mirarth Holdings 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 197.94 288.86 305.58 308.18 354.77

Mirarth Holdings 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 200.92 681.40 651.77 436.24 172.44

Mirarth Holdings Cash Conversion Cycle Competitor Comparison

For the Real Estate - Development subindustry, Mirarth Holdings'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.


Mirarth Holdings Cash Conversion Cycle vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mirarth Holdings's Cash Conversion Cycle distribution charts can be found below:

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


FRA:TDI
72GF Score
Mirarth Holdings Inc FRA:TDI
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirarth Holdings 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.

Mirarth Holdings'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
=14.73+363.71-23.67
=354.77

Mirarth Holdings'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
=7.6+174.35-9.51
=172.44

* 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 172.44 mean?
Mirarth Holdings (FRA:TDI) has a Cash Conversion Cycle of 172.44 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Mirarth Holdings and its competitors.
Is Mirarth Holdings' Cash Conversion Cycle too high?
Mirarth Holdings' current Cash Conversion Cycle is 172.44. The Real Estate industry median Cash Conversion Cycle is 320.77. Mirarth Holdings' value of 172.44 is 46.2% below this industry median. Overall, Mirarth Holdings has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Mirarth Holdings' Cash Conversion Cycle compare to competitors?
Mirarth Holdings' Cash Conversion Cycle of 172.44 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.77. Mirarth Holdings' value of 172.44 is 46.2% 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 320.77, based on 1,735 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. Mirarth Holdings's current Cash Conversion Cycle of 172.44 is 46.2% 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 Mirarth Holdings and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirarth Holdings's current Cash Conversion Cycle is 172.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirarth Holdings stock overvalued right now?
Mirarth Holdings (FRA:TDI) has a current Cash Conversion Cycle of 172.44. The stock's GF Value™ is €2.45, compared to a current price of €2.10 — trading 14.3% below its estimated fair value. The current Cash Conversion Cycle is 172.44 and 46.2% below the Real Estate industry median of 320.77. Mirarth Holdings' overall GF Score™ is 72/100 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 Mirarth Holdings (FRA:TDI), the current Cash Conversion Cycle is 172.44 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 Mirarth Holdings (FRA:TDI) Overvalued in 2026?

Based on GuruFocus' analysis, Mirarth Holdings stock appears to be undervalued. The current stock price of €2.10 is trading 14.3% below its estimated GF Value™ of €2.45.

Key valuation signals for FRA:TDI:

  • Cash Conversion Cycle: 172.44
  • GF Value™: €2.45 vs. price of €2.10 (14.3% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 46.2% below the Real Estate median

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


Mirarth Holdings Business Description

Other Exchanges 8897:Japan
Address 1-8-2, Marunouchi, Tekko Building 16th Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Mirarth Holdings Inc operates in Real Estate Business, Energy Business, Asset Management Business, and Other Businesses.
72GF Score

Get the complete analysis for FRA:TDI

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

€2.10
Price
€2.45
GF Value