Base Food's Days Sales Outstanding for the
six
months ended in Feb. 2026 was 19.06.
Base Food's Days Inventory for the
six
months ended in Feb. 2026 was 14.48.
Base Food's Days Payable for the
six
months ended in Feb. 2026 was 29.81.
Therefore, Base Food's Cash Conversion Cycle (CCC) for the
six
months ended in Feb. 2026 was 3.73.
Base Food (TSE:2936) 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.
Base Food Cash Conversion Cycle Related Terms
Base Food Cash Conversion Cycle Historical Data
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The historical data trend for Base Food'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.
TSE:2936 vs KHC, GIS: Cash Conversion Cycle Comparison
For the Packaged Foods subindustry, Base Food'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.
Base Food Cash Conversion Cycle vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Base Food's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Base Food's Cash Conversion Cycle falls into.
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.
Base Food's Cash Conversion Cycle for the fiscal year that ended in Feb. 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.
Base Food (TSE:2936) has a Cash Conversion Cycle of 3.73 as of Feb. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Base Food and its competitors.
Is Base Food's Cash Conversion Cycle too high?
Base Food's current Cash Conversion Cycle is 3.73. The Consumer Packaged Goods industry median Cash Conversion Cycle is 75.54. Base Food's value of 3.73 is 95.1% below this industry median. Overall, Base Food has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Base Food's Cash Conversion Cycle compare to KHC and GIS?
Base Food's Cash Conversion Cycle of 3.73 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 75.54. Base Food's value of 3.73 is 95.1% below 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. Base Food's current Cash Conversion Cycle of 3.73 is 95.1% below 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 Base Food 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. Base Food's current Cash Conversion Cycle is 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Food stock overvalued right now?
Based on GuruFocus' analysis, Base Food (TSE:2936) is currently considered Significantly Undervalued. The stock's GF Value™ is 円452.53, compared to a current price of 円283.00 — trading 37.5% below its estimated fair value. The current Cash Conversion Cycle is 3.73 and 95.1% below the Consumer Packaged Goods industry median of 75.54. Base Food's overall GF Score™ is 60/100 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 Base Food (TSE:2936), the current Cash Conversion Cycle is 3.73 as of Feb. 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 Base Food (TSE:2936) Overvalued in 2026?
Based on GuruFocus' analysis, Base Food stock appears to be undervalued.
The current stock price of 円283.00 is trading 37.5% below its estimated GF Value™ of 円452.53.
GuruFocus considers Base Food to be Significantly Undervalued.
Key valuation signals for TSE:2936:
Cash Conversion Cycle: 3.73
GF Value™: 円452.53 vs. price of 円283.00 (37.5% below fair value)
Industry Position: 95.1% below the Consumer Packaged Goods median
No single metric tells the full story. See the TSE:2936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Base Food Inc is engaged in the development and sale of complete nutrition food. The company offers base bread, base pasta and base cookies related products.
60GF Score
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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