Maruwa Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 57.12.
Maruwa Co's Days Inventory for the
three
months ended in Mar. 2026 was 140.02.
Maruwa Co's Days Payable for the
three
months ended in Mar. 2026 was 38.68.
Therefore, Maruwa Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 158.46.
Maruwa Co (OTCPK:MAWAF) 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.
Maruwa Co Cash Conversion Cycle Related Terms
Maruwa Co Cash Conversion Cycle Historical Data
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The historical data trend for Maruwa Co'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.
MAWAF vs APH, GLW, TEL: Cash Conversion Cycle Comparison
For the Electronic Components subindustry, Maruwa Co'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.
Maruwa Co Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Maruwa Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Maruwa Co'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.
Maruwa Co'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.
Maruwa Co (MAWAF) has a Cash Conversion Cycle of 158.46 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Maruwa Co and its competitors.
Is Maruwa Co's Cash Conversion Cycle too high?
Maruwa Co's current Cash Conversion Cycle is 158.46. The Hardware industry median Cash Conversion Cycle is 98.95. Maruwa Co's value of 158.46 is 60.1% above this industry median. Overall, Maruwa Co has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Maruwa Co's Cash Conversion Cycle compare to APH and GLW?
Maruwa Co's Cash Conversion Cycle of 158.46 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Maruwa Co's value of 158.46 is 60.1% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.95, based on 2,475 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. Maruwa Co's current Cash Conversion Cycle of 158.46 is 60.1% 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 Maruwa Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruwa Co's current Cash Conversion Cycle is 158.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruwa Co stock overvalued right now?
Maruwa Co (MAWAF) has a current Cash Conversion Cycle of 158.46. The stock's GF Value™ is $176.12, compared to a current price of $274.00 — trading 55.6% above its estimated fair value. The current Cash Conversion Cycle is 158.46 and 60.1% above the Hardware industry median of 98.95. Maruwa Co's overall GF Score™ is 93/100 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 Maruwa Co (MAWAF), the current Cash Conversion Cycle is 158.46 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 Maruwa Co (MAWAF) Overvalued in 2026?
Based on GuruFocus' analysis, Maruwa Co stock appears to be overvalued.
The current stock price of $274.00 is trading 55.6% above its estimated GF Value™ of $176.12.
Key valuation signals for MAWAF:
Cash Conversion Cycle: 158.46
GF Value™: $176.12 vs. price of $274.00 (55.6% above fair value)
Industry Position: 60.1% above the Hardware median
No single metric tells the full story. See the MAWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruwa Co Ltd engages in the production and sale of ceramics and electronics parts. The company operates in two business divisions, namely the Ceramic parts business and the Lighting equipment business. The Ceramic Parts business segment manufactures and sells electronic components, ceramic substrates, and semiconductor manufacturing equipment. The Lighting Equipment business segment produces and markets LED lighting products alongside conventional lighting equipment. It generates the majority of its revenue from the Ceramic parts business segment.
93GF Score
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