Startia Holdings (TSE:3393) Cash Conversion Cycle: 28.32 (As of Mar. 2026)


TSE:3393 Startia Holdings Inc TSE:3393
90 GF Score
Price 円3,085.00
GF Value 円2,599.01
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Startia Holdings Cash Conversion Cycle?

Startia Holdings TSE:3393 +1.15% 90 Cash Conversion Cycle is 28.32 as of Mar. 2026. GuruFocus rates TSE:3393 with a GF Score™ of 90/100 and a GF Value™ of 円2,599.01 (Modestly Overvalued). 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.

Startia Holdings's Days Sales Outstanding for the six months ended in Mar. 2026 was 54.05.
Startia Holdings's Days Inventory for the six months ended in Mar. 2026 was 14.67.
Startia Holdings's Days Payable for the six months ended in Mar. 2026 was 40.4.
Therefore, Startia Holdings's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 28.32.


Startia Holdings  (TSE:3393) 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.


Startia Holdings Cash Conversion Cycle Related Terms


Startia Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Startia Holdings'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.

Startia Holdings Cash Conversion Cycle Chart

Startia Holdings 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 32.09 33.28 25.89 22.48 26.91

Startia Holdings 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 25.93 20.35 23.68 28.19 28.32

TSE:3393 vs IBM, ACN, FISV: Cash Conversion Cycle Comparison

For the Information Technology Services subindustry, Startia Holdings'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.


Startia Holdings Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Startia Holdings's Cash Conversion Cycle distribution charts can be found below:

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


TSE:3393
90GF Score
Startia Holdings Inc TSE:3393
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Startia Holdings 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.

Startia Holdings'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
=55.84+13.39-42.32
=26.91

Startia Holdings'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
=54.05+14.67-40.4
=28.32

* 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 28.32 mean?
Startia Holdings (TSE:3393) has a Cash Conversion Cycle of 28.32 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Startia Holdings and its competitors.
Is Startia Holdings' Cash Conversion Cycle too high?
Startia Holdings' current Cash Conversion Cycle is 28.32. The Software industry median Cash Conversion Cycle is 32.19. Startia Holdings' value of 28.32 is 12% below this industry median. Overall, Startia Holdings has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Startia Holdings' Cash Conversion Cycle compare to IBM and ACN?
Startia Holdings' Cash Conversion Cycle of 28.32 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.19. Startia Holdings' value of 28.32 is 12% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.19, based on 2,799 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. Startia Holdings's current Cash Conversion Cycle of 28.32 is 12% 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 Startia Holdings and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Startia Holdings's current Cash Conversion Cycle is 28.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Startia Holdings stock overvalued right now?
Based on GuruFocus' analysis, Startia Holdings (TSE:3393) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,599.01, compared to a current price of 円3,085.00 — trading 18.7% above its estimated fair value. The current Cash Conversion Cycle is 28.32 and 12% below the Software industry median of 32.19. Startia Holdings' overall GF Score™ is 90/100 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 Startia Holdings (TSE:3393), the current Cash Conversion Cycle is 28.32 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 Startia Holdings (TSE:3393) Overvalued in 2026?

Based on GuruFocus' analysis, Startia Holdings stock appears to be overvalued. The current stock price of 円3,085.00 is trading 18.7% above its estimated GF Value™ of 円2,599.01. GuruFocus considers Startia Holdings to be Modestly Overvalued.

Key valuation signals for TSE:3393:

  • Cash Conversion Cycle: 28.32
  • GF Value™: 円2,599.01 vs. price of 円3,085.00 (18.7% above fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 12% below the Software median

No single metric tells the full story. See the TSE:3393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Startia Holdings Business Description

Address 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0919
Startia Holdings Inc is engaged in the provision of information technology services in Japan. It operates through the following business divisions: the web solution-related division, the network solution-related divisions, and the business solution-related divisions.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,085.00
Price
円2,599.01
GF Value