Asukanet Co (TSE:2438) Cash Conversion Cycle: 73.38 (As of Apr. 2026)


TSE:2438 Asukanet Co Ltd TSE:2438
59 GF Score
Price 円379.00
GF Value 円507.39
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Asukanet Co Cash Conversion Cycle?

Asukanet Co TSE:2438 +4.70% 59 Cash Conversion Cycle is 73.38 as of Apr. 2026. GuruFocus rates TSE:2438 with a GF Score™ of 59/100 and a GF Value™ of 円507.39 (Modestly Undervalued). The stock has 3 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.

Asukanet Co's Days Sales Outstanding for the six months ended in Apr. 2026 was 41.06.
Asukanet Co's Days Inventory for the six months ended in Apr. 2026 was 46.82.
Asukanet Co's Days Payable for the six months ended in Apr. 2026 was 14.5.
Therefore, Asukanet Co's Cash Conversion Cycle (CCC) for the six months ended in Apr. 2026 was 73.38.


Asukanet Co  (TSE:2438) 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.


Asukanet Co Cash Conversion Cycle Related Terms


Asukanet Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Asukanet 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.

Asukanet Co Cash Conversion Cycle Chart

Asukanet Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.48 91.39 104.11 85.85 75.34

Asukanet Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 101.44 106.81 78.96 79.80 73.38

TSE:2438 vs ROL, SCI, FTDR: Cash Conversion Cycle Comparison

For the Personal Services subindustry, Asukanet 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.


Asukanet Co Cash Conversion Cycle vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Asukanet Co's Cash Conversion Cycle distribution charts can be found below:

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


TSE:2438
59GF Score
Asukanet Co Ltd TSE:2438
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Asukanet 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.

Asukanet Co's Cash Conversion Cycle for the fiscal year that ended in Apr. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=42.94+47.97-15.57
=75.34

Asukanet Co's Cash Conversion Cycle for the quarter that ended in Apr. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=41.06+46.82-14.5
=73.38

* 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 73.38 mean?
Asukanet Co (TSE:2438) has a Cash Conversion Cycle of 73.38 as of Apr. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Asukanet Co and its competitors.
Is Asukanet Co's Cash Conversion Cycle too high?
Asukanet Co's current Cash Conversion Cycle is 73.38. The Personal Services industry median Cash Conversion Cycle is 20.23. Asukanet Co's value of 73.38 is 262.7% above this industry median. Overall, Asukanet Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asukanet Co's Cash Conversion Cycle compare to ROL and SCI?
Asukanet Co's Cash Conversion Cycle of 73.38 can be compared against companies in the Personal Services industry. The industry median Cash Conversion Cycle is 20.23. Asukanet Co's value of 73.38 is 262.7% 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 Personal Services company?
The median Cash Conversion Cycle among Personal Services companies is 20.23, based on 95 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. Asukanet Co's current Cash Conversion Cycle of 73.38 is 262.7% 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 Asukanet Co and its competitors. For the Personal Services industry, the median Cash Conversion Cycle is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asukanet Co's current Cash Conversion Cycle is 73.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asukanet Co stock overvalued right now?
Based on GuruFocus' analysis, Asukanet Co (TSE:2438) is currently considered Modestly Undervalued. The stock's GF Value™ is 円507.39, compared to a current price of 円379.00 — trading 25.3% below its estimated fair value. The current Cash Conversion Cycle is 73.38 and 262.7% above the Personal Services industry median of 20.23. Asukanet Co's overall GF Score™ is 59/100 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 Asukanet Co (TSE:2438), the current Cash Conversion Cycle is 73.38 as of Apr. 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 Asukanet Co (TSE:2438) Overvalued in 2026?

Based on GuruFocus' analysis, Asukanet Co stock appears to be undervalued. The current stock price of 円379.00 is trading 25.3% below its estimated GF Value™ of 円507.39. GuruFocus considers Asukanet Co to be Modestly Undervalued.

Key valuation signals for TSE:2438:

  • Cash Conversion Cycle: 73.38
  • GF Value™: 円507.39 vs. price of 円379.00 (25.3% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 262.7% above the Personal Services median

No single metric tells the full story. See the TSE:2438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asukanet Co Business Description

Address 3-28-14 Gion, Asaminami-ku, Hiroshima, JPN
Asukanet Co Ltd is engaged in the business of memorial design services which provides digital processing services for portraits of deceased persons, and the provision of funeral-related production services. It is also engaged in the manufacture and sale of individual photo albums. It is also involved in the research and marketing activities related to aerial imaging technology.
59GF Score

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

円379.00
Price
円507.39
GF Value