Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Kayac's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 54.79.
Kayac's Days Inventory for the
three
months ended in Dec. 2025 was 5.25.
Kayac's Days Payable for the
three
months ended in Dec. 2025 was 28.09.
Therefore, Kayac's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 31.95.
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.
Kayac Cash Conversion Cycle Related Terms
Kayac Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Kayac'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:3904 vs NTES, EA, TTWO: Cash Conversion Cycle Comparison
For the Electronic Gaming & Multimedia subindustry, Kayac'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.
Kayac Cash Conversion Cycle vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Kayac's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Kayac'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.
Kayac's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
Kayac (TSE:3904) has a Cash Conversion Cycle of 31.95 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Kayac and its competitors.
Is Kayac's Cash Conversion Cycle too high?
Kayac's current Cash Conversion Cycle is 31.95. The Interactive Media industry median Cash Conversion Cycle is 15.91. Kayac's value of 31.95 is 100.9% above this industry median. Overall, Kayac has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kayac's Cash Conversion Cycle compare to NTES and EA?
Kayac's Cash Conversion Cycle of 31.95 can be compared against companies in the Interactive Media industry. The industry median Cash Conversion Cycle is 15.91. Kayac's value of 31.95 is 100.9% 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 an Interactive Media company?
The median Cash Conversion Cycle among Interactive Media companies is 15.91, based on 542 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. Kayac's current Cash Conversion Cycle of 31.95 is 100.9% 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 Kayac and its competitors. For the Interactive Media industry, the median Cash Conversion Cycle is 15.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kayac's current Cash Conversion Cycle is 31.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kayac stock overvalued right now?
Based on GuruFocus' analysis, Kayac (TSE:3904) is currently considered Significantly Undervalued. The stock's GF Value™ is 円783.77, compared to a current price of 円423.00 — trading 46% below its estimated fair value. The current Cash Conversion Cycle is 31.95 and 100.9% above the Interactive Media industry median of 15.91. Kayac's overall GF Score™ is 61/100 with 1 warning sign 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 Kayac (TSE:3904), the current Cash Conversion Cycle is 31.95 as of Dec. 2025. 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 Kayac (TSE:3904) Overvalued in 2026?
Based on GuruFocus' analysis, Kayac stock appears to be undervalued.
The current stock price of 円423.00 is trading 46% below its estimated GF Value™ of 円783.77.
GuruFocus considers Kayac to be Significantly Undervalued.
Key valuation signals for TSE:3904:
Cash Conversion Cycle: 31.95
GF Value™: 円783.77 vs. price of 円423.00 (46% below fair value)
Industry Position: 100.9% above the Interactive Media median
No single metric tells the full story. See the TSE:3904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kayac Inc is a Japanese entertainment content business. The group operates a digital platform, a publishing business, and develops and invests in area-specific content in key regions. It provides services of Regional capitalism, Game Entertainment, Interesting Production, e-sports, and Others.
61GF Score
Get the complete analysis for TSE:3904
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3904 has been successfully added to your 
