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Toyo Electric's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 85.44.
Toyo Electric's Days Inventory for the
three
months ended in Mar. 2026 was 73.51.
Toyo Electric's Days Payable for the
three
months ended in Mar. 2026 was 26.58.
Therefore, Toyo Electric's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 132.37.
Toyo Electric (NGO:6655) 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.
Toyo Electric Cash Conversion Cycle Related Terms
Toyo Electric Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Toyo Electric'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:6655 vs VRT, BE: Cash Conversion Cycle Comparison
For the Electrical Equipment & Parts subindustry, Toyo Electric'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.
Toyo Electric Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Toyo Electric's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Toyo Electric'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.
Toyo Electric'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.
Toyo Electric (NGO:6655) has a Cash Conversion Cycle of 132.37 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Toyo Electric and its competitors.
Is Toyo Electric's Cash Conversion Cycle too high?
Toyo Electric's current Cash Conversion Cycle is 132.37. The Industrial Products industry median Cash Conversion Cycle is 121.21. Toyo Electric's value of 132.37 is 9.2% above this industry median. Overall, Toyo Electric has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Electric's Cash Conversion Cycle compare to VRT and BE?
Toyo Electric's Cash Conversion Cycle of 132.37 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 121.21. Toyo Electric's value of 132.37 is 9.2% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 121.21, based on 3,044 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. Toyo Electric's current Cash Conversion Cycle of 132.37 is 9.2% 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 Toyo Electric and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 121.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Electric's current Cash Conversion Cycle is 132.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Electric stock overvalued right now?
Based on GuruFocus' analysis, Toyo Electric (NGO:6655) is currently considered Fairly Valued. The stock's GF Value™ is 円801.74, compared to a current price of 円777.00 — trading 3.1% below its estimated fair value. The current Cash Conversion Cycle is 132.37 and 9.2% above the Industrial Products industry median of 121.21. Toyo Electric's overall GF Score™ is 66/100 with 2 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 Toyo Electric (NGO:6655), the current Cash Conversion Cycle is 132.37 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 Toyo Electric (NGO:6655) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Electric stock appears to be undervalued.
The current stock price of 円777.00 is trading 3.1% below its estimated GF Value™ of 円801.74.
GuruFocus considers Toyo Electric to be Fairly Valued.
Key valuation signals for NGO:6655:
Cash Conversion Cycle: 132.37
GF Value™: 円801.74 vs. price of 円777.00 (3.1% below fair value)
Industry Position: 9.2% above the Industrial Products median
No single metric tells the full story. See the NGO:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Electric Corp is a Japan based company engaged in the manufacture and maintenance of switchboards and transformers. The company provides monitoring and control equipment, distribution boards, transformers, sensors, equipment for solutions, and manufactures and sells switchboards and elevator sensors, and the Company outsources the manufacturing of products and sells and purchases raw materials.
66GF Score
Get the complete analysis for NGO:6655
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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