Renesas Electronics (MEX:RNEC N) Cash Conversion Cycle: 29.55 (As of Mar. 2026)


MEX:RNEC N Renesas Electronics Corp MEX:RNEC N
74 GF Score
Price MXN305.03
GF Value MXN148.58
! 6 Warning Signs
View Full Analysis

What is Renesas Electronics Cash Conversion Cycle?

Renesas Electronics MEX:RNEC N 74 Cash Conversion Cycle is 29.55 as of Mar. 2026. GuruFocus rates MEX:RNEC N with a GF Score™ of 74/100 and a GF Value™ of MXN148.58. 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.

Renesas Electronics's Days Sales Outstanding for the three months ended in Mar. 2026 was 44.38.
Renesas Electronics's Days Inventory for the three months ended in Mar. 2026 was 113.02.
Renesas Electronics's Days Payable for the three months ended in Mar. 2026 was 127.85.
Therefore, Renesas Electronics's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 29.55.


Renesas Electronics  (MEX:RNEC N) 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.


Renesas Electronics Cash Conversion Cycle Related Terms


Renesas Electronics Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Renesas Electronics'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.

Renesas Electronics Cash Conversion Cycle Chart

Renesas Electronics Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.92 7.79 10.40 4.65 19.19

Renesas Electronics 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 16.08 20.03 25.36 27.01 29.55

MEX:RNEC N vs NVDA, AVGO, MU: Cash Conversion Cycle Comparison

For the Semiconductors subindustry, Renesas Electronics'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.


Renesas Electronics Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Renesas Electronics's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Renesas Electronics's Cash Conversion Cycle falls into.


MEX:RNEC N
74GF Score
Renesas Electronics Corp MEX:RNEC N
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renesas Electronics 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.

Renesas Electronics'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
=50.46+126.46-157.73
=19.19

Renesas Electronics'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
=44.38+113.02-127.85
=29.55

* 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 29.55 mean?
Renesas Electronics (MEX:RNEC N) has a Cash Conversion Cycle of 29.55 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Renesas Electronics and its competitors.
Is Renesas Electronics' Cash Conversion Cycle too high?
Renesas Electronics' current Cash Conversion Cycle is 29.55. The Semiconductors industry median Cash Conversion Cycle is 116.21. Renesas Electronics' value of 29.55 is 74.6% below this industry median. Overall, Renesas Electronics has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Renesas Electronics' Cash Conversion Cycle compare to NVDA and AVGO?
Renesas Electronics' Cash Conversion Cycle of 29.55 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.21. Renesas Electronics' value of 29.55 is 74.6% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.21, based on 1,023 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. Renesas Electronics's current Cash Conversion Cycle of 29.55 is 74.6% 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 Renesas Electronics and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renesas Electronics's current Cash Conversion Cycle is 29.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renesas Electronics stock overvalued right now?
Renesas Electronics (MEX:RNEC N) has a current Cash Conversion Cycle of 29.55. The stock's GF Value™ is MXN148.58, compared to a current price of MXN305.03 — trading 105.3% above its estimated fair value. The current Cash Conversion Cycle is 29.55 and 74.6% below the Semiconductors industry median of 116.21. Renesas Electronics' overall GF Score™ is 74/100 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 Renesas Electronics (MEX:RNEC N), the current Cash Conversion Cycle is 29.55 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 Renesas Electronics (MEX:RNEC N) Overvalued in 2026?

Based on GuruFocus' analysis, Renesas Electronics stock appears to be overvalued. The current stock price of MXN305.03 is trading 105.3% above its estimated GF Value™ of MXN148.58.

Key valuation signals for MEX:RNEC N:

  • Cash Conversion Cycle: 29.55
  • GF Value™: MXN148.58 vs. price of MXN305.03 (105.3% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 74.6% below the Semiconductors median

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


Renesas Electronics Business Description

Address 3-2-24 Toyosu, Koto-ku, Tokyo, JPN, 135-0061
Renesas Electronics is a Japanese broad-based integrated device manufacturer involved in the design and manufacturing of microcontrollers and analog chips, used across automotive, industrial, enterprise, and consumer industries. Headquartered in Tokyo, the company was created through the combination of electronics business units from NEC Electronics, Mitsubishi, and Hitachi. The company's businesses are primarily focused in Asia, where they historically account for 70%-80% of its sales. Renesas is the third- and ninth-largest manufacturer of MCUs and power/analog devices, with a 17% and 3.5% market share, respectively, as of 2024.
74GF Score

Get the complete analysis for MEX:RNEC N

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

MXN305.03
Price
MXN148.58
GF Value