Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Miyoshi's Days Sales Outstanding for the
six
months ended in Feb. 2026 was 93.74.
Miyoshi's Days Inventory for the
six
months ended in Feb. 2026 was 76.59.
Miyoshi's Days Payable for the
six
months ended in Feb. 2026 was 123.12.
Therefore, Miyoshi's Cash Conversion Cycle (CCC) for the
six
months ended in Feb. 2026 was 47.21.
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.
Miyoshi Cash Conversion Cycle Related Terms
Miyoshi Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Miyoshi'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.
SGX:M03 vs CRS, ATI, MLI: Cash Conversion Cycle Comparison
For the Metal Fabrication subindustry, Miyoshi'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.
Miyoshi Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Miyoshi's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Miyoshi'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.
Miyoshi's Cash Conversion Cycle for the fiscal year that ended in Aug. 2025 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.
Miyoshi (SGX:M03) has a Cash Conversion Cycle of 47.21 as of Feb. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Miyoshi and its competitors.
Is Miyoshi's Cash Conversion Cycle too high?
Miyoshi's current Cash Conversion Cycle is 47.21. The Industrial Products industry median Cash Conversion Cycle is 122.39. Miyoshi's value of 47.21 is 61.4% below this industry median.
How does Miyoshi's Cash Conversion Cycle compare to CRS and ATI?
Miyoshi's Cash Conversion Cycle of 47.21 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.39. Miyoshi's value of 47.21 is 61.4% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.39, based on 3,036 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. Miyoshi's current Cash Conversion Cycle of 47.21 is 61.4% 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 Miyoshi and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miyoshi's current Cash Conversion Cycle is 47.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miyoshi stock overvalued right now?
Miyoshi (SGX:M03) has a current Cash Conversion Cycle of 47.21. The current Cash Conversion Cycle is 47.21 and 61.4% below the Industrial Products industry median of 122.39. 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 Miyoshi (SGX:M03), the current Cash Conversion Cycle is 47.21 as of Feb. 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.
Miyoshi Ltd is employed in designing and manufacturing mould and precision pressed parts and trading in related products and trading commodities. It operates in four segments. The Data Storage segment is engaged in the manufacture of metal semi-finished components for hard disk drives and removable storage devices, The Consumer Electronics segment is engaged in the manufacture of metal semi-finished components for photocopiers, scanners, and printers, The Automotive segment is engaged in the manufacture of finished products of light electric vehicles and semi-finished metal components and The Other segment includes commodities trading and rental income arising from investment properties.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:M03 has been successfully added to your 
