Wedge Holdings Co (TSE:2388) Cash Conversion Cycle: 92.44 (As of Mar. 2026)


TSE:2388 Wedge Holdings Co Ltd TSE:2388
50 GF Score
Price 円41.00
GF Value 円84.70
Valuation Possible Value Trap
! 5 Warning Signs
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What is Wedge Holdings Co Cash Conversion Cycle?

Wedge Holdings Co TSE:2388 50 Cash Conversion Cycle is 92.44 as of Mar. 2026. GuruFocus rates TSE:2388 with a GF Score™ of 50/100 and a GF Value™ of 円84.70 (Possible Value Trap). The stock has 5 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.

Wedge Holdings Co's Days Sales Outstanding for the six months ended in Mar. 2026 was 56.02.
Wedge Holdings Co's Days Inventory for the six months ended in Mar. 2026 was 50.04.
Wedge Holdings Co's Days Payable for the six months ended in Mar. 2026 was 13.62.
Therefore, Wedge Holdings Co's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 92.44.


Wedge Holdings Co  (TSE:2388) 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.


Wedge Holdings Co Cash Conversion Cycle Related Terms


Wedge Holdings Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Wedge 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.

Wedge Holdings Co Cash Conversion Cycle Chart

Wedge Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.86 45.98 40.28 54.01 83.20

Wedge Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 49.32 75.86 90.70 99.37 92.44

TSE:2388 vs HON, MMM: Cash Conversion Cycle Comparison

For the Conglomerates subindustry, Wedge 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.


Wedge Holdings Co Cash Conversion Cycle vs Conglomerates Industry

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

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


TSE:2388
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Wedge Holdings Co Ltd TSE:2388
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Wedge 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.

Wedge Holdings Co's Cash Conversion Cycle for the fiscal year that ended in Sep. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=48.85+50.14-15.79
=83.20

Wedge 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
=56.02+50.04-13.62
=92.44

* 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 92.44 mean?
Wedge Holdings Co (TSE:2388) has a Cash Conversion Cycle of 92.44 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Wedge Holdings Co and its competitors.
Is Wedge Holdings Co's Cash Conversion Cycle too high?
Wedge Holdings Co's current Cash Conversion Cycle is 92.44. The Conglomerates industry median Cash Conversion Cycle is 70.90. Wedge Holdings Co's value of 92.44 is 30.4% above this industry median. Overall, Wedge Holdings Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wedge Holdings Co's Cash Conversion Cycle compare to HON and MMM?
Wedge Holdings Co's Cash Conversion Cycle of 92.44 can be compared against companies in the Conglomerates industry. The industry median Cash Conversion Cycle is 70.90. Wedge Holdings Co's value of 92.44 is 30.4% 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 Conglomerates company?
The median Cash Conversion Cycle among Conglomerates companies is 70.90, based on 549 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. Wedge Holdings Co's current Cash Conversion Cycle of 92.44 is 30.4% 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 Wedge Holdings Co and its competitors. For the Conglomerates industry, the median Cash Conversion Cycle is 70.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedge Holdings Co's current Cash Conversion Cycle is 92.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wedge Holdings Co (TSE:2388) is currently considered Possible Value Trap. The stock's GF Value™ is 円84.70, compared to a current price of 円41.00 — trading 51.6% below its estimated fair value. The current Cash Conversion Cycle is 92.44 and 30.4% above the Conglomerates industry median of 70.90. Wedge Holdings Co's overall GF Score™ is 50/100 with 5 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 Wedge Holdings Co (TSE:2388), the current Cash Conversion Cycle is 92.44 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 Wedge Holdings Co (TSE:2388) Overvalued in 2026?

Based on GuruFocus' analysis, Wedge Holdings Co stock appears to be undervalued. The current stock price of 円41.00 is trading 51.6% below its estimated GF Value™ of 円84.70. GuruFocus considers Wedge Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:2388:

  • Cash Conversion Cycle: 92.44
  • GF Value™: 円84.70 vs. price of 円41.00 (51.6% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 30.4% above the Conglomerates median

No single metric tells the full story. See the TSE:2388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wedge Holdings Co Business Description

Address 2-36-10 Minamisuna, Koyo Building, 3rd Floor, Koto-ku, Tokyo, JPN, 136-0076
Wedge Holdings Co Ltd through its subsidiaries is engaged in two core businesses which are Digital Finance business and Contents business. Contents business includes publishing, games, music and related media through multiple business units. It also produces audio & visual contents as well as DVD and related character products. Digital Finance business composed of motorcycle leasing activities.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円41.00
Price
円84.70
GF Value