JAPAF (Japan Tobacco) Cash Conversion Cycle: 160.12 (As of Mar. 2026)


JAPAF Japan Tobacco Inc JAPAF
75 GF Score
Price $37.74
GF Value $31.40
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Japan Tobacco Cash Conversion Cycle?

Japan Tobacco JAPAF 75 Cash Conversion Cycle is 160.12 as of Mar. 2026. GuruFocus rates JAPAF with a GF Score™ of 75/100 and a GF Value™ of $31.40 (Modestly Overvalued). 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.

Japan Tobacco's Days Sales Outstanding for the three months ended in Mar. 2026 was 67.1.
Japan Tobacco's Days Inventory for the three months ended in Mar. 2026 was 261.03.
Japan Tobacco's Days Payable for the three months ended in Mar. 2026 was 168.01.
Therefore, Japan Tobacco's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 160.12.


Japan Tobacco  (OTCPK:JAPAF) 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 Tobacco Cash Conversion Cycle Related Terms


Japan Tobacco Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Japan Tobacco'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.

Japan Tobacco Cash Conversion Cycle Chart

Japan Tobacco 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 94.33 96.80 126.91 141.40 142.19

Japan Tobacco 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 147.04 144.98 154.85 160.66 160.12

JAPAF vs PM, MO, TPB: Cash Conversion Cycle Comparison

For the Tobacco subindustry, Japan Tobacco'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 Tobacco Cash Conversion Cycle vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Japan Tobacco's Cash Conversion Cycle falls into.


JAPAF
75GF Score
Japan Tobacco Inc JAPAF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Tobacco 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 Tobacco'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
=64.07+243.94-165.82
=142.19

Japan Tobacco'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
=67.1+261.03-168.01
=160.12

* 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 160.12 mean?
Japan Tobacco (JAPAF) has a Cash Conversion Cycle of 160.12 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Japan Tobacco and its competitors.
Is Japan Tobacco's Cash Conversion Cycle too high?
Japan Tobacco's current Cash Conversion Cycle is 160.12. The Tobacco Products industry median Cash Conversion Cycle is 100.85. Japan Tobacco's value of 160.12 is 58.8% above this industry median. Overall, Japan Tobacco has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's Cash Conversion Cycle compare to PM and MO?
Japan Tobacco's Cash Conversion Cycle of 160.12 can be compared against companies in the Tobacco Products industry. The industry median Cash Conversion Cycle is 100.85. Japan Tobacco's value of 160.12 is 58.8% 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 Tobacco Products company?
The median Cash Conversion Cycle among Tobacco Products companies is 100.85, based on 48 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 Tobacco's current Cash Conversion Cycle of 160.12 is 58.8% 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 Tobacco and its competitors. For the Tobacco Products industry, the median Cash Conversion Cycle is 100.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Tobacco's current Cash Conversion Cycle is 160.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Tobacco stock overvalued right now?
Based on GuruFocus' analysis, Japan Tobacco (JAPAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.40, compared to a current price of $37.74 — trading 20.2% above its estimated fair value. The current Cash Conversion Cycle is 160.12 and 58.8% above the Tobacco Products industry median of 100.85. Japan Tobacco's overall GF Score™ is 75/100 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 Tobacco (JAPAF), the current Cash Conversion Cycle is 160.12 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 Tobacco (JAPAF) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Tobacco stock appears to be overvalued. The current stock price of $37.74 is trading 20.2% above its estimated GF Value™ of $31.40. GuruFocus considers Japan Tobacco to be Modestly Overvalued.

Key valuation signals for JAPAF:

  • Cash Conversion Cycle: 160.12
  • GF Value™: $31.40 vs. price of $37.74 (20.2% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 58.8% above the Tobacco Products median

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


Japan Tobacco Business Description

Address 4-1-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6927
Japan Tobacco primarily sells cigarettes and reduced-risk products, organized in three clusters consisting of Asia (which includes its home market and countries in Asia Pacific), Western Europe, and EMA (which includes Eastern Europe, the Middle East North Africa, Turkey, Americas, and duty-free). Its leading cigarette brands include Winston (non-US), Camel (non-US), Mevius, and LD. Its reduced-risk brands include Logic in vaping, Ploom in heated tobacco, and Nordic Spirit in nicotine pouches, though these generates less than 5% of tobacco sales.
75GF Score

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

$37.74
Price
$31.40
GF Value