Nien Made Enterprise Co's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 34.92.
Nien Made Enterprise Co's Days Inventory for the
three
months ended in Dec. 2025 was 105.93.
Nien Made Enterprise Co's Days Payable for the
three
months ended in Dec. 2025 was 24.03.
Therefore, Nien Made Enterprise Co's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 116.82.
Nien Made Enterprise Co (TPE:8464) 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.
Nien Made Enterprise Co Cash Conversion Cycle Related Terms
Nien Made Enterprise Co Cash Conversion Cycle Historical Data
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The historical data trend for Nien Made Enterprise 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.
Nien Made Enterprise Co Cash Conversion Cycle Chart
TPE:8464 vs SN, SGI, MHK: Cash Conversion Cycle Comparison
For the Furnishings, Fixtures & Appliances subindustry, Nien Made Enterprise 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.
Nien Made Enterprise Co Cash Conversion Cycle vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nien Made Enterprise Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nien Made Enterprise Co's Cash Conversion Cycle falls into.
Nien Made Enterprise 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.
Nien Made Enterprise Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 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.
Nien Made Enterprise Co (TPE:8464) has a Cash Conversion Cycle of 116.82 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nien Made Enterprise Co and its competitors.
Is Nien Made Enterprise Co's Cash Conversion Cycle too high?
Nien Made Enterprise Co's current Cash Conversion Cycle is 116.82. The Furnishings, Fixtures & Appliances industry median Cash Conversion Cycle is 85.06. Nien Made Enterprise Co's value of 116.82 is 37.3% above this industry median. Overall, Nien Made Enterprise Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nien Made Enterprise Co's Cash Conversion Cycle compare to SN and SGI?
Nien Made Enterprise Co's Cash Conversion Cycle of 116.82 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cash Conversion Cycle is 85.06. Nien Made Enterprise Co's value of 116.82 is 37.3% 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 85.06, based on 431 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. Nien Made Enterprise Co's current Cash Conversion Cycle of 116.82 is 37.3% 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 Nien Made Enterprise Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Conversion Cycle is 85.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nien Made Enterprise Co's current Cash Conversion Cycle is 116.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nien Made Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nien Made Enterprise Co (TPE:8464) is currently considered Fairly Valued. The stock's GF Value™ is NT$406.51, compared to a current price of NT$369.00 — trading 9.2% below its estimated fair value. The current Cash Conversion Cycle is 116.82 and 37.3% above the Furnishings, Fixtures & Appliances industry median of 85.06. Nien Made Enterprise Co's overall GF Score™ is 94/100 with 1 warning sign 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 Nien Made Enterprise Co (TPE:8464), the current Cash Conversion Cycle is 116.82 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 Nien Made Enterprise Co (TPE:8464) Overvalued in 2026?
Based on GuruFocus' analysis, Nien Made Enterprise Co stock appears to be undervalued.
The current stock price of NT$369.00 is trading 9.2% below its estimated GF Value™ of NT$406.51.
GuruFocus considers Nien Made Enterprise Co to be Fairly Valued.
Key valuation signals for TPE:8464:
Cash Conversion Cycle: 116.82
GF Value™: NT$406.51 vs. price of NT$369.00 (9.2% below fair value)
Industry Position: 37.3% above the Furnishings, Fixtures & Appliances median
No single metric tells the full story. See the TPE:8464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nien Made Enterprise Co Ltd is a Taiwan-based company principally engaged in the business of home furnishings. The company manufactures and distributes curtains and window blinds. The product range consists of interior and exterior shutters, faux wood blinds, vinyl blinds, wood blinds, roll-up shades, and cellular shades. The company operates in two reportable segments that are Window coverings and other, out of which the majority of revenue is generated by sales of Window coverings. Geographically, the company generates a majority of its revenue from America and the rest from Europe and other regions.
94GF Score
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