Nippon Sheet Glass Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 32.87.
Nippon Sheet Glass Co's Days Inventory for the
three
months ended in Mar. 2026 was 93.77.
Nippon Sheet Glass Co's Days Payable for the
three
months ended in Mar. 2026 was 94.55.
Therefore, Nippon Sheet Glass Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 32.09.
Nippon Sheet Glass Co (OTCPK:NPSGY) 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 Sheet Glass Co Cash Conversion Cycle Related Terms
Nippon Sheet Glass Co Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Nippon Sheet Glass 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.
NPSGY vs ORLY, AZO: Cash Conversion Cycle Comparison
For the Auto Parts subindustry, Nippon Sheet Glass 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.
Nippon Sheet Glass Co Cash Conversion Cycle vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nippon Sheet Glass Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nippon Sheet Glass Co's Cash Conversion Cycle falls into.
Nippon Sheet Glass 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.
Nippon Sheet Glass 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.
Nippon Sheet Glass Co (NPSGY) has a Cash Conversion Cycle of 32.09 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nippon Sheet Glass Co and its competitors.
Is Nippon Sheet Glass Co's Cash Conversion Cycle too high?
Nippon Sheet Glass Co's current Cash Conversion Cycle is 32.09. The Vehicles & Parts industry median Cash Conversion Cycle is 67.42. Nippon Sheet Glass Co's value of 32.09 is 52.4% below this industry median. Overall, Nippon Sheet Glass Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Sheet Glass Co's Cash Conversion Cycle compare to ORLY and AZO?
Nippon Sheet Glass Co's Cash Conversion Cycle of 32.09 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.42. Nippon Sheet Glass Co's value of 32.09 is 52.4% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.42, based on 1,325 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. Nippon Sheet Glass Co's current Cash Conversion Cycle of 32.09 is 52.4% 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 Nippon Sheet Glass Co and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Sheet Glass Co's current Cash Conversion Cycle is 32.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Sheet Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Sheet Glass Co (NPSGY) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.29, compared to a current price of $2.85 — trading 24.5% above its estimated fair value. The current Cash Conversion Cycle is 32.09 and 52.4% below the Vehicles & Parts industry median of 67.42. Nippon Sheet Glass Co's overall GF Score™ is 62/100 with 11 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 Sheet Glass Co (NPSGY), the current Cash Conversion Cycle is 32.09 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 Nippon Sheet Glass Co (NPSGY) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Sheet Glass Co stock appears to be overvalued.
The current stock price of $2.85 is trading 24.5% above its estimated GF Value™ of $2.29.
GuruFocus considers Nippon Sheet Glass Co to be Modestly Overvalued.
Key valuation signals for NPSGY:
Cash Conversion Cycle: 32.09
GF Value™: $2.29 vs. price of $2.85 (24.5% above fair value)
Industry Position: 52.4% below the Vehicles & Parts median
No single metric tells the full story. See the NPSGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.
62GF Score
Get the complete analysis for NPSGY
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
NPSGY has been successfully added to your 
