SPAEF (Space Co) Cash Conversion Cycle: 50.90 (As of Dec. 2025)


SPAEF Space Co Ltd SPAEF
64 GF Score
Price $9.28
GF Value $9.54
Valuation Fairly Valued
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What is Space Co Cash Conversion Cycle?

Space Co SPAEF -0.22% 64 Cash Conversion Cycle is 50.90 as of Dec. 2025. GuruFocus rates SPAEF with a GF Score™ of 64/100 and a GF Value™ of $9.54 (Fairly Valued).

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Space Co's Days Sales Outstanding for the three months ended in Dec. 2025 was 73.15.
Space Co's Days Inventory for the three months ended in Dec. 2025 was 3.94.
Space Co's Days Payable for the three months ended in Dec. 2025 was 26.19.
Therefore, Space Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 50.90.


Space Co  (OTCPK:SPAEF) 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.


Space Co Cash Conversion Cycle Related Terms


Space Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Space 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.

Space Co Cash Conversion Cycle Chart

Space Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.26 55.75 55.70 51.76 51.68

Space Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.59 63.09 55.46 50.90 56.32

SPAEF vs PWR, FIX, EME: Cash Conversion Cycle Comparison

For the Engineering & Construction subindustry, Space 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.


Space Co Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Space Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Space Co's Cash Conversion Cycle falls into.


SPAEF
64GF Score
Space Co Ltd SPAEF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Space 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.

Space Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=75.45+2.96-26.73
=51.68

Space Co's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=73.15+3.94-26.19
=50.90

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 50.90 mean?
Space Co (SPAEF) has a Cash Conversion Cycle of 50.90 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Space Co and its competitors.
Is Space Co's Cash Conversion Cycle too high?
Space Co's current Cash Conversion Cycle is 50.90. The Construction industry median Cash Conversion Cycle is 55.82. Space Co's value of 50.90 is 8.8% below this industry median. Overall, Space Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Space Co's Cash Conversion Cycle compare to PWR and FIX?
Space Co's Cash Conversion Cycle of 50.90 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. Space Co's value of 50.90 is 8.8% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, based on 1,768 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. Space Co's current Cash Conversion Cycle of 50.90 is 8.8% 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 Space Co and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Co's current Cash Conversion Cycle is 50.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Co stock overvalued right now?
Based on GuruFocus' analysis, Space Co (SPAEF) is currently considered Fairly Valued. The stock's GF Value™ is $9.54, compared to a current price of $9.28 — trading 2.7% below its estimated fair value. The current Cash Conversion Cycle is 50.90 and 8.8% below the Construction industry median of 55.82. Space Co's overall GF Score™ is 64/100. 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 Space Co (SPAEF), the current Cash Conversion Cycle is 50.90 as of Dec. 2025. 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 Space Co (SPAEF) Overvalued in 2026?

Based on GuruFocus' analysis, Space Co stock appears to be undervalued. The current stock price of $9.28 is trading 2.7% below its estimated GF Value™ of $9.54. GuruFocus considers Space Co to be Fairly Valued.

Key valuation signals for SPAEF:

  • Cash Conversion Cycle: 50.90
  • GF Value™: $9.54 vs. price of $9.28 (2.7% below fair value)
  • GF Score™: 64/100
  • Industry Position: 8.8% below the Construction median

No single metric tells the full story. See the SPAEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Co Business Description

Other Exchanges 9622:Japan
Address 3-9-4 Nihonbashi, Ningyo-cho, Tokyo, JPN, 103-0013
Space Co Ltd is engaged in the planning and design, supervision and construction of commercial facilities, including shopping centres, department stores, speciality stores, restaurants, and cafes. In addition, the company is also involved in the planning, design, production, sales and import and export of display equipment and fixtures, indoor and outdoor decorative items.
64GF Score

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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.28
Price
$9.54
GF Value