Mitsubishi Research Institute (TSE:3636) Cash Conversion Cycle: 103.31 (As of Mar. 2026)

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TSE:3636 Mitsubishi Research Institute Inc TSE:3636
79 GF Score
Price 円4,630.00
GF Value 円5,183.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mitsubishi Research Institute Cash Conversion Cycle?

Mitsubishi Research Institute TSE:3636 -0.11% 79 Cash Conversion Cycle is 103.31 as of Mar. 2026. GuruFocus rates TSE:3636 with a GF Score™ of 79/100 and a GF Value™ of 円5,183.37 (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.

Mitsubishi Research Institute's Days Sales Outstanding for the three months ended in Mar. 2026 was 125.33.
Mitsubishi Research Institute's Days Inventory for the three months ended in Mar. 2026 was 1.14.
Mitsubishi Research Institute's Days Payable for the three months ended in Mar. 2026 was 23.16.
Therefore, Mitsubishi Research Institute's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 103.31.


Mitsubishi Research Institute  (TSE:3636) 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.


Mitsubishi Research Institute Cash Conversion Cycle Related Terms


Mitsubishi Research Institute Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Mitsubishi Research Institute'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.

Mitsubishi Research Institute Cash Conversion Cycle Chart

Mitsubishi Research Institute 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 77.00 64.86 56.09 68.21 62.89

Mitsubishi Research Institute 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 114.53 146.31 77.49 91.28 103.31

TSE:3636 vs IBM, ACN, FISV: Cash Conversion Cycle Comparison

For the Information Technology Services subindustry, Mitsubishi Research Institute'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.


Mitsubishi Research Institute Cash Conversion Cycle vs Software Industry

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

* The bar in red indicates where Mitsubishi Research Institute's Cash Conversion Cycle falls into.


TSE:3636
79GF Score
Mitsubishi Research Institute Inc TSE:3636
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Research Institute 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.

Mitsubishi Research Institute'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
=78.4+1.35-16.86
=62.89

Mitsubishi Research Institute'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
=125.33+1.14-23.16
=103.31

* 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 103.31 mean?
Mitsubishi Research Institute (TSE:3636) has a Cash Conversion Cycle of 103.31 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Mitsubishi Research Institute and its competitors.
Is Mitsubishi Research Institute's Cash Conversion Cycle too high?
Mitsubishi Research Institute's current Cash Conversion Cycle is 103.31. The Software industry median Cash Conversion Cycle is 32.17. Mitsubishi Research Institute's value of 103.31 is 221.1% above this industry median. Overall, Mitsubishi Research Institute has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Research Institute's Cash Conversion Cycle compare to IBM and ACN?
Mitsubishi Research Institute's Cash Conversion Cycle of 103.31 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.17. Mitsubishi Research Institute's value of 103.31 is 221.1% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.17, based on 2,807 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. Mitsubishi Research Institute's current Cash Conversion Cycle of 103.31 is 221.1% 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 Mitsubishi Research Institute and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Research Institute's current Cash Conversion Cycle is 103.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Research Institute (TSE:3636) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,183.37, compared to a current price of 円4,630.00 — trading 10.7% below its estimated fair value. The current Cash Conversion Cycle is 103.31 and 221.1% above the Software industry median of 32.17. Mitsubishi Research Institute's overall GF Score™ is 79/100 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 Mitsubishi Research Institute (TSE:3636), the current Cash Conversion Cycle is 103.31 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 Mitsubishi Research Institute (TSE:3636) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Research Institute stock appears to be undervalued. The current stock price of 円4,630.00 is trading 10.7% below its estimated GF Value™ of 円5,183.37. GuruFocus considers Mitsubishi Research Institute to be Modestly Undervalued.

Key valuation signals for TSE:3636:

  • Cash Conversion Cycle: 103.31
  • GF Value™: 円5,183.37 vs. price of 円4,630.00 (10.7% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 221.1% above the Software median

No single metric tells the full story. See the TSE:3636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Research Institute Business Description

Address 10-3, Nagatacho 2-Chome Chiyoda-Ku, Tokyo, JPN, 100-8141
Mitsubishi Research Institute Inc is an international research and consulting firm. The company assists its clients in developing comprehensive solutions to meet their diverse needs by integrating think-tank, consulting and IT solution services. The Think Tank and Consulting segment offers research, survey analysis, project appraisal, strategic planning, and other organizational development services. The IT Solutions segment provides IT support and consulting, software development, data processing, system machinery, core system outsourcing, and business process outsourcing services. The business activity is primarily functioned through the regions of Japan.
79GF Score

Get the complete analysis for TSE:3636

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

円4,630.00
Price
円5,183.37
GF Value