Nihon Decoluxe Co's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 45.82.
Nihon Decoluxe Co's Days Inventory for the
six
months ended in Mar. 2026 was 76.2.
Nihon Decoluxe Co's Days Payable for the
six
months ended in Mar. 2026 was 22.66.
Therefore, Nihon Decoluxe Co's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 99.36.
Nihon Decoluxe Co (NGO:7950) 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.
Nihon Decoluxe Co Cash Conversion Cycle Related Terms
Nihon Decoluxe Co Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Nihon Decoluxe 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:7950 vs SN, SGI, MHK: Cash Conversion Cycle Comparison
For the Furnishings, Fixtures & Appliances subindustry, Nihon Decoluxe 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.
Nihon Decoluxe Co Cash Conversion Cycle vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nihon Decoluxe Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nihon Decoluxe Co's Cash Conversion Cycle falls into.
Nihon Decoluxe 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.
Nihon Decoluxe 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.
Nihon Decoluxe Co (NGO:7950) has a Cash Conversion Cycle of 99.36 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nihon Decoluxe Co and its competitors.
Is Nihon Decoluxe Co's Cash Conversion Cycle too high?
Nihon Decoluxe Co's current Cash Conversion Cycle is 99.36. The Furnishings, Fixtures & Appliances industry median Cash Conversion Cycle is 84.83. Nihon Decoluxe Co's value of 99.36 is 17.1% above this industry median. Overall, Nihon Decoluxe Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Decoluxe Co's Cash Conversion Cycle compare to SN and SGI?
Nihon Decoluxe Co's Cash Conversion Cycle of 99.36 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cash Conversion Cycle is 84.83. Nihon Decoluxe Co's value of 99.36 is 17.1% 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 Furnishings, Fixtures & Appliances company?
The median Cash Conversion Cycle among Furnishings, Fixtures & Appliances companies is 84.83, based on 430 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. Nihon Decoluxe Co's current Cash Conversion Cycle of 99.36 is 17.1% 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 Nihon Decoluxe Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Conversion Cycle is 84.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Decoluxe Co's current Cash Conversion Cycle is 99.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Decoluxe Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Decoluxe Co (NGO:7950) is currently considered Fairly Valued. The stock's GF Value™ is 円8,385.21, compared to a current price of 円8,650.00 — trading 3.2% above its estimated fair value. The current Cash Conversion Cycle is 99.36 and 17.1% above the Furnishings, Fixtures & Appliances industry median of 84.83. Nihon Decoluxe Co's overall GF Score™ is 70/100 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 Nihon Decoluxe Co (NGO:7950), the current Cash Conversion Cycle is 99.36 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 Nihon Decoluxe Co (NGO:7950) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Decoluxe Co stock appears to be overvalued.
The current stock price of 円8,650.00 is trading 3.2% above its estimated GF Value™ of 円8,385.21.
GuruFocus considers Nihon Decoluxe Co to be Fairly Valued.
Key valuation signals for NGO:7950:
Cash Conversion Cycle: 99.36
GF Value™: 円8,385.21 vs. price of 円8,650.00 (3.2% above fair value)
Industry Position: 17.1% above the Furnishings, Fixtures & Appliances median
No single metric tells the full story. See the NGO:7950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Decoluxe Co Ltd is engaged in offering decorative boards. It operates Decorative board business unit which covers melamine decorative boards, Living environment business unit, Electronic materials business unit, and a Chemical anchor business unit. The company has two reportable segments: Construction Materials Business and Real Estate Business. The Construction Materials Business manufactures and sells decorative panel products, products for the electronic parts industry, and chemical anchor products. Real Estate Business owns office buildings for lease and engages in real estate leasing.
70GF Score
Get the complete analysis for NGO:7950
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGO:7950 has been successfully added to your 
