NBFJF (Nippon Building Fund) Cash Conversion Cycle: -29.24 (As of Dec. 2025)


NBFJF Nippon Building Fund Inc NBFJF
56 GF Score
Price $842.92
GF Value $714.82
! 7 Warning Signs
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What is Nippon Building Fund Cash Conversion Cycle?

Nippon Building Fund NBFJF 56 Cash Conversion Cycle is -29.24 as of Dec. 2025. GuruFocus rates NBFJF with a GF Score™ of 56/100 and a GF Value™ of $714.82. 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.

Nippon Building Fund's Days Sales Outstanding for the six months ended in Dec. 2025 was 1.22.
Nippon Building Fund's Days Inventory for the six months ended in Dec. 2025 was 0.
Nippon Building Fund's Days Payable for the six months ended in Dec. 2025 was 30.46.
Therefore, Nippon Building Fund's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was -29.24.


Nippon Building Fund  (OTCPK:NBFJF) 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.


Nippon Building Fund Cash Conversion Cycle Related Terms


Nippon Building Fund Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Nippon Building Fund'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.

Nippon Building Fund Cash Conversion Cycle Chart

Nippon Building Fund 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 -21.22 -23.44 -23.26 -24.68 -30.28

Nippon Building Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -22.23 -30.80 -28.30 -23.01 -29.24

NBFJF vs BXP, ARE, VNO: Cash Conversion Cycle Comparison

For the REIT - Office subindustry, Nippon Building Fund'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.


Nippon Building Fund Cash Conversion Cycle vs REITs Industry

For the REITs industry and Real Estate sector, Nippon Building Fund's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Nippon Building Fund's Cash Conversion Cycle falls into.


NBFJF
56GF Score
Nippon Building Fund Inc NBFJF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Building Fund 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.

Nippon Building Fund'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
=1.06+0-31.34
=-30.28

Nippon Building Fund's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1.22+0-30.46
=-29.24

* 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 -29.24 mean?
Nippon Building Fund (NBFJF) has a Cash Conversion Cycle of -29.24 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nippon Building Fund and its competitors.
Is Nippon Building Fund's Cash Conversion Cycle too high?
Nippon Building Fund's current Cash Conversion Cycle is -29.24. Overall, Nippon Building Fund has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Building Fund's Cash Conversion Cycle compare to BXP and ARE?
Nippon Building Fund's Cash Conversion Cycle of -29.24 can be compared against companies in the REITs industry. 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 REITs company?
A good Cash Conversion Cycle depends on the REITs industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Nippon Building Fund and its competitors. Nippon Building Fund's current Cash Conversion Cycle is -29.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Building Fund stock overvalued right now?
Nippon Building Fund (NBFJF) has a current Cash Conversion Cycle of -29.24. The stock's GF Value™ is $714.82, compared to a current price of $842.92 — trading 17.9% above its estimated fair value. The current Cash Conversion Cycle is -29.24. Nippon Building Fund's overall GF Score™ is 56/100 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 Nippon Building Fund (NBFJF), the current Cash Conversion Cycle is -29.24 as of Dec. 2025. 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 Nippon Building Fund (NBFJF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Building Fund stock appears to be overvalued. The current stock price of $842.92 is trading 17.9% above its estimated GF Value™ of $714.82.

Key valuation signals for NBFJF:

  • Cash Conversion Cycle: -29.24
  • GF Value™: $714.82 vs. price of $842.92 (17.9% above fair value)
  • GF Score™: 56/100 with 7 warning signs

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


Nippon Building Fund Business Description

Industry Real EstateREITs
Other Exchanges 8951:JapanS4C:Germany
Address 3-1, Nihonbashi Muromachi 2-chome, Muromachi Furukawa Mitsui Building 16th Floor, Chuo-ku, Tokyo, JPN, 103-0022
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio comprises of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
56GF Score

Get the complete analysis for NBFJF

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

$842.92
Price
$714.82
GF Value