Nishimatsu Construction Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 199.14.
Nishimatsu Construction Co's Days Inventory for the
three
months ended in Mar. 2026 was 33.96.
Nishimatsu Construction Co's Days Payable for the
three
months ended in Mar. 2026 was 60.05.
Therefore, Nishimatsu Construction Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 173.05.
Nishimatsu Construction Co (TSE:1820) 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.
Nishimatsu Construction Co Cash Conversion Cycle Related Terms
Nishimatsu Construction Co Cash Conversion Cycle Historical Data
* 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.
Nishimatsu Construction Co Cash Conversion Cycle Chart
TSE:1820 vs PWR, FIX, EME: Cash Conversion Cycle Comparison
For the Engineering & Construction subindustry, Nishimatsu Construction 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.
Nishimatsu Construction Co Cash Conversion Cycle vs Construction Industry
For the Construction industry and Industrials sector, Nishimatsu Construction Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nishimatsu Construction Co's Cash Conversion Cycle falls into.
Nishimatsu Construction 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.
Nishimatsu Construction 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.
Nishimatsu Construction Co (TSE:1820) has a Cash Conversion Cycle of 173.05 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nishimatsu Construction Co and its competitors.
Is Nishimatsu Construction Co's Cash Conversion Cycle too high?
Nishimatsu Construction Co's current Cash Conversion Cycle is 173.05. The Construction industry median Cash Conversion Cycle is 55.89. Nishimatsu Construction Co's value of 173.05 is 209.6% above this industry median. Overall, Nishimatsu Construction Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nishimatsu Construction Co's Cash Conversion Cycle compare to PWR and FIX?
Nishimatsu Construction Co's Cash Conversion Cycle of 173.05 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.89. Nishimatsu Construction Co's value of 173.05 is 209.6% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.89, based on 1,764 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. Nishimatsu Construction Co's current Cash Conversion Cycle of 173.05 is 209.6% 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 Nishimatsu Construction Co and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nishimatsu Construction Co's current Cash Conversion Cycle is 173.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishimatsu Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Nishimatsu Construction Co (TSE:1820) is currently considered Fairly Valued. The stock's GF Value™ is 円5,256.00, compared to a current price of 円5,445.00 — trading 3.6% above its estimated fair value. The current Cash Conversion Cycle is 173.05 and 209.6% above the Construction industry median of 55.89. Nishimatsu Construction Co's overall GF Score™ is 83/100 with 2 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 Nishimatsu Construction Co (TSE:1820), the current Cash Conversion Cycle is 173.05 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 Nishimatsu Construction Co (TSE:1820) Overvalued in 2026?
Based on GuruFocus' analysis, Nishimatsu Construction Co stock appears to be overvalued.
The current stock price of 円5,445.00 is trading 3.6% above its estimated GF Value™ of 円5,256.00.
GuruFocus considers Nishimatsu Construction Co to be Fairly Valued.
Key valuation signals for TSE:1820:
Cash Conversion Cycle: 173.05
GF Value™: 円5,256.00 vs. price of 円5,445.00 (3.6% above fair value)
Industry Position: 209.6% above the Construction median
No single metric tells the full story. See the TSE:1820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishimatsu Construction Co Ltd is a Japanese construction and real estate business. The company operates through three segments: civil engineering, building construction, real estate, and others. Together, the civil engineering and building construction segments generate the vast majority of consolidated revenue, and design and construct harbours, airports, highways, dams, tunnels, railways, high-rise buildings, and power plants. The company principally operates in Japan and across Asia, and derives the majority of revenue domestically.
83GF Score
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