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Meiko Construction Co's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 54.58.
Meiko Construction Co's Days Inventory for the
six
months ended in Mar. 2026 was 1.32.
Meiko Construction Co's Days Payable for the
six
months ended in Mar. 2026 was 48.09.
Therefore, Meiko Construction Co's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 7.81.
Meiko Construction Co (NGO:1869) 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.
Meiko Construction Co Cash Conversion Cycle Related Terms
Meiko Construction Co Cash Conversion Cycle Historical Data
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The historical data trend for Meiko Construction 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.
NGO:1869 vs DHI, PHM, LEN: Cash Conversion Cycle Comparison
For the Residential Construction subindustry, Meiko Construction 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.
Meiko Construction Co Cash Conversion Cycle vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Meiko Construction Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Meiko Construction Co's Cash Conversion Cycle falls into.
Meiko Construction Co 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.
Meiko Construction 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.
Meiko Construction Co (NGO:1869) has a Cash Conversion Cycle of 7.81 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Meiko Construction Co and its competitors.
Is Meiko Construction Co's Cash Conversion Cycle too high?
Meiko Construction Co's current Cash Conversion Cycle is 7.81. The Homebuilding & Construction industry median Cash Conversion Cycle is 293.00. Meiko Construction Co's value of 7.81 is 97.3% below this industry median. Overall, Meiko Construction Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Construction Co's Cash Conversion Cycle compare to DHI and PHM?
Meiko Construction Co's Cash Conversion Cycle of 7.81 can be compared against companies in the Homebuilding & Construction industry. The industry median Cash Conversion Cycle is 293.00. Meiko Construction Co's value of 7.81 is 97.3% 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 Homebuilding & Construction company?
The median Cash Conversion Cycle among Homebuilding & Construction companies is 293.00, based on 91 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. Meiko Construction Co's current Cash Conversion Cycle of 7.81 is 97.3% 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 Meiko Construction Co and its competitors. For the Homebuilding & Construction industry, the median Cash Conversion Cycle is 293.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Construction Co's current Cash Conversion Cycle is 7.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Construction Co (NGO:1869) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,414.40, compared to a current price of 円1,898.00 — trading 34.2% above its estimated fair value. The current Cash Conversion Cycle is 7.81 and 97.3% below the Homebuilding & Construction industry median of 293.00. Meiko Construction Co's overall GF Score™ is 66/100 with 4 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 Meiko Construction Co (NGO:1869), the current Cash Conversion Cycle is 7.81 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 Meiko Construction Co (NGO:1869) Overvalued in 2026?
Based on GuruFocus' analysis, Meiko Construction Co stock appears to be overvalued.
The current stock price of 円1,898.00 is trading 34.2% above its estimated GF Value™ of 円1,414.40.
GuruFocus considers Meiko Construction Co to be Significantly Overvalued.
Key valuation signals for NGO:1869:
Cash Conversion Cycle: 7.81
GF Value™: 円1,414.40 vs. price of 円1,898.00 (34.2% above fair value)
Industry Position: 97.3% below the Homebuilding & Construction median
No single metric tells the full story. See the NGO:1869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiko Construction Co Ltd is engaged in the construction industry. The company undertakes contract for civil works, construction work, track construction and construction work of the facility construction, supervision, planning, design, surveying and consulting. The company is also involved in the buying and selling of houses and real estate, lease, and brokerage. Construction materials on rental, warehousing, and management of education and cultural facilities are additional activities done by the company.
66GF Score
Get the complete analysis for NGO:1869
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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