Meiji Holdings Co (TSE:2269) Cash Conversion Cycle: 133.51 (As of Mar. 2026)


TSE:2269 Meiji Holdings Co Ltd TSE:2269
67 GF Score
Price 円3,818.00
GF Value 円3,759.42
Valuation Fairly Valued
! 9 Warning Signs
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What is Meiji Holdings Co Cash Conversion Cycle?

Meiji Holdings Co TSE:2269 +0.34% 67 Cash Conversion Cycle is 133.51 as of Mar. 2026. GuruFocus rates TSE:2269 with a GF Score™ of 67/100 and a GF Value™ of 円3,759.42 (Fairly Valued). The stock has 9 warning signs investors should review.

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

Meiji Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 67.67.
Meiji Holdings Co's Days Inventory for the three months ended in Mar. 2026 was 115.91.
Meiji Holdings Co's Days Payable for the three months ended in Mar. 2026 was 50.07.
Therefore, Meiji Holdings Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 133.51.


Meiji Holdings Co  (TSE:2269) 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.


Meiji Holdings Co Cash Conversion Cycle Related Terms


Meiji Holdings Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Meiji Holdings 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.

Meiji Holdings Co Cash Conversion Cycle Chart

Meiji Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.20 99.39 99.30 103.11 119.53

Meiji Holdings 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 115.40 120.64 123.37 128.21 133.51

TSE:2269 vs KHC, GIS: Cash Conversion Cycle Comparison

For the Packaged Foods subindustry, Meiji Holdings 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.


Meiji Holdings Co Cash Conversion Cycle vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's Cash Conversion Cycle distribution charts can be found below:

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


TSE:2269
67GF Score
Meiji Holdings Co Ltd TSE:2269
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Meiji Holdings 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.

Meiji Holdings Co's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=59.9+105.33-45.7
=119.53

Meiji Holdings Co's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=67.67+115.91-50.07
=133.51

* 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 133.51 mean?
Meiji Holdings Co (TSE:2269) has a Cash Conversion Cycle of 133.51 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Meiji Holdings Co and its competitors.
Is Meiji Holdings Co's Cash Conversion Cycle too high?
Meiji Holdings Co's current Cash Conversion Cycle is 133.51. The Consumer Packaged Goods industry median Cash Conversion Cycle is 75.54. Meiji Holdings Co's value of 133.51 is 76.8% above this industry median. Overall, Meiji Holdings Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiji Holdings Co's Cash Conversion Cycle compare to KHC and GIS?
Meiji Holdings Co's Cash Conversion Cycle of 133.51 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 75.54. Meiji Holdings Co's value of 133.51 is 76.8% 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 Consumer Packaged Goods company?
The median Cash Conversion Cycle among Consumer Packaged Goods companies is 75.54, based on 1,942 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. Meiji Holdings Co's current Cash Conversion Cycle of 133.51 is 76.8% 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 Meiji Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median Cash Conversion Cycle is 75.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Holdings Co's current Cash Conversion Cycle is 133.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Holdings Co (TSE:2269) is currently considered Fairly Valued. The stock's GF Value™ is 円3,759.42, compared to a current price of 円3,818.00 — trading 1.6% above its estimated fair value. The current Cash Conversion Cycle is 133.51 and 76.8% above the Consumer Packaged Goods industry median of 75.54. Meiji Holdings Co's overall GF Score™ is 67/100 with 9 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 Meiji Holdings Co (TSE:2269), the current Cash Conversion Cycle is 133.51 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 Meiji Holdings Co (TSE:2269) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Holdings Co stock appears to be overvalued. The current stock price of 円3,818.00 is trading 1.6% above its estimated GF Value™ of 円3,759.42. GuruFocus considers Meiji Holdings Co to be Fairly Valued.

Key valuation signals for TSE:2269:

  • Cash Conversion Cycle: 133.51
  • GF Value™: 円3,759.42 vs. price of 円3,818.00 (1.6% above fair value)
  • GF Score™: 67/100 with 9 warning signs
  • Industry Position: 76.8% above the Consumer Packaged Goods median

No single metric tells the full story. See the TSE:2269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiji Holdings Co Business Description

Other Exchanges MEJHY:USA3M0:Germany
Address 2-4-16 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. A surge in commodity prices, Japan's aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group's sales and 70% of profits. The rest comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairymakers.
67GF Score

Get the complete analysis for TSE:2269

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

円3,818.00
Price
円3,759.42
GF Value