Nippon Paper Industries Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 60.58.
Nippon Paper Industries Co's Days Inventory for the
three
months ended in Mar. 2026 was 87.27.
Nippon Paper Industries Co's Days Payable for the
three
months ended in Mar. 2026 was 53.4.
Therefore, Nippon Paper Industries Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 94.45.
Nippon Paper Industries Co (TSE:3863) 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.
Nippon Paper Industries Co Cash Conversion Cycle Related Terms
Nippon Paper Industries Co Cash Conversion Cycle Historical Data
* 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.
Nippon Paper Industries Co Cash Conversion Cycle Chart
Nippon Paper Industries Co Cash Conversion Cycle Competitor Comparison
For the Paper & Paper Products subindustry, Nippon Paper Industries 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.
Nippon Paper Industries Co Cash Conversion Cycle vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Nippon Paper Industries Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nippon Paper Industries Co's Cash Conversion Cycle falls into.
Nippon Paper Industries 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.
Nippon Paper Industries Co's Cash Conversion Cycle for the fiscal year that ended in Mar. 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.
Nippon Paper Industries Co (TSE:3863) has a Cash Conversion Cycle of 94.45 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nippon Paper Industries Co and its competitors.
Is Nippon Paper Industries Co's Cash Conversion Cycle too high?
Nippon Paper Industries Co's current Cash Conversion Cycle is 94.45. The Forest Products industry median Cash Conversion Cycle is 91.21. Nippon Paper Industries Co's value of 94.45 is 3.6% above this industry median. Overall, Nippon Paper Industries Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Paper Industries Co's Cash Conversion Cycle compare to competitors?
Nippon Paper Industries Co's Cash Conversion Cycle of 94.45 can be compared against companies in the Forest Products industry. The industry median Cash Conversion Cycle is 91.21. Nippon Paper Industries Co's value of 94.45 is 3.6% 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 Forest Products company?
The median Cash Conversion Cycle among Forest Products companies is 91.21, based on 282 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. Nippon Paper Industries Co's current Cash Conversion Cycle of 94.45 is 3.6% 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 Nippon Paper Industries Co and its competitors. For the Forest Products industry, the median Cash Conversion Cycle is 91.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Paper Industries Co's current Cash Conversion Cycle is 94.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Paper Industries Co (TSE:3863) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,146.12, compared to a current price of 円1,337.00 — trading 16.7% above its estimated fair value. The current Cash Conversion Cycle is 94.45 and 3.6% above the Forest Products industry median of 91.21. Nippon Paper Industries Co's overall GF Score™ is 54/100 with 8 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 Nippon Paper Industries Co (TSE:3863), the current Cash Conversion Cycle is 94.45 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 Nippon Paper Industries Co (TSE:3863) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Paper Industries Co stock appears to be overvalued.
The current stock price of 円1,337.00 is trading 16.7% above its estimated GF Value™ of 円1,146.12.
GuruFocus considers Nippon Paper Industries Co to be Modestly Overvalued.
Key valuation signals for TSE:3863:
Cash Conversion Cycle: 94.45
GF Value™: 円1,146.12 vs. price of 円1,337.00 (16.7% above fair value)
Industry Position: 3.6% above the Forest Products median
No single metric tells the full story. See the TSE:3863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Paper Industries Co Ltd produces and sells a variety of paper products. The company's paper products include newsprint, printing, sanitary, and packaging paper, as well as container board and boxes. The firm also sells construction materials, and generates electric power. Nippon Paper organizes itself into four segments based on product type: pulp and paper; paper related; wood products and construction related; and other. The pulp and paper segment generates the majority of revenue. The majority of sales are made in Japan.
54GF Score
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