Toho Gas Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 39.13.
Toho Gas Co's Days Inventory for the
three
months ended in Mar. 2026 was 20.66.
Toho Gas Co's Days Payable for the
three
months ended in Mar. 2026 was 23.84.
Therefore, Toho Gas Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 35.95.
Toho Gas Co (OTCPK:THOGF) 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.
Toho Gas Co Cash Conversion Cycle Related Terms
Toho Gas Co Cash Conversion Cycle Historical Data
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The historical data trend for Toho Gas 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.
THOGF vs ATO, NI: Cash Conversion Cycle Comparison
For the Utilities - Regulated Gas subindustry, Toho Gas 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.
Toho Gas Co Cash Conversion Cycle vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Toho Gas Co'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.
Toho Gas 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.
Toho Gas Co (THOGF) has a Cash Conversion Cycle of 35.95 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Toho Gas Co and its competitors.
Is Toho Gas Co's Cash Conversion Cycle too high?
Toho Gas Co's current Cash Conversion Cycle is 35.95. The Utilities - Regulated industry median Cash Conversion Cycle is 13.93. Toho Gas Co's value of 35.95 is 158.1% above this industry median. Overall, Toho Gas Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Toho Gas Co's Cash Conversion Cycle compare to ATO and NI?
Toho Gas Co's Cash Conversion Cycle of 35.95 can be compared against companies in the Utilities - Regulated industry. The industry median Cash Conversion Cycle is 13.93. Toho Gas Co's value of 35.95 is 158.1% 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 an Utilities - Regulated company?
The median Cash Conversion Cycle among Utilities - Regulated companies is 13.93, based on 499 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. Toho Gas Co's current Cash Conversion Cycle of 35.95 is 158.1% 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 Toho Gas Co and its competitors. For the Utilities - Regulated industry, the median Cash Conversion Cycle is 13.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Gas Co's current Cash Conversion Cycle is 35.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Gas Co stock overvalued right now?
Toho Gas Co (THOGF) has a current Cash Conversion Cycle of 35.95. The stock's GF Value™ is $6.08, compared to a current price of $6.44 — trading 5.9% above its estimated fair value. The current Cash Conversion Cycle is 35.95 and 158.1% above the Utilities - Regulated industry median of 13.93. Toho Gas Co's overall GF Score™ is 75/100 with 3 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 Toho Gas Co (THOGF), the current Cash Conversion Cycle is 35.95 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 Toho Gas Co (THOGF) Overvalued in 2026?
Based on GuruFocus' analysis, Toho Gas Co stock appears to be overvalued.
The current stock price of $6.44 is trading 5.9% above its estimated GF Value™ of $6.08.
Key valuation signals for THOGF:
Cash Conversion Cycle: 35.95
GF Value™: $6.08 vs. price of $6.44 (5.9% above fair value)
Industry Position: 158.1% above the Utilities - Regulated median
No single metric tells the full story. See the THOGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toho Gas Co Ltd is a Japan-based company engaged in the supply of energy and related services, including electricity, gas, and liquefied petroleum gas (LPG). The company operates in three business segments. The Electricity segment engages in the sale of electricity. The Gas segment handles the manufacture and sale of gas, gas appliances, consignment supply, and plumbing work. The LPG and Other Energies segment covers the sale of LPG, related equipment, natural gas, heat supply, and coke. The Others segment includes contract processing, real estate management, and other ancillary businesses. It generates the majority of its revenue from the Gas segment.
75GF Score
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