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Eltes Co's Days Sales Outstanding for the
three
months ended in Feb. 2026 was 50.02.
Eltes Co's Days Inventory for the
three
months ended in Feb. 2026 was 48.42.
Eltes Co's Days Payable for the
three
months ended in Feb. 2026 was 21.08.
Therefore, Eltes Co's Cash Conversion Cycle (CCC) for the
three
months ended in Feb. 2026 was 77.36.
Eltes Co (TSE:3967) 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.
Eltes Co Cash Conversion Cycle Related Terms
Eltes Co Cash Conversion Cycle Historical Data
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The historical data trend for Eltes Co'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:3967 vs CRM, SHOP, UBER: Cash Conversion Cycle Comparison
For the Software - Application subindustry, Eltes 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.
Eltes Co Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, Eltes Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Eltes Co'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.
Eltes Co'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.
Eltes Co (TSE:3967) has a Cash Conversion Cycle of 77.36 as of Feb. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Eltes Co and its competitors.
Is Eltes Co's Cash Conversion Cycle too high?
Eltes Co's current Cash Conversion Cycle is 77.36. The Software industry median Cash Conversion Cycle is 31.58. Eltes Co's value of 77.36 is 145% above this industry median. Overall, Eltes Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eltes Co's Cash Conversion Cycle compare to CRM and SHOP?
Eltes Co's Cash Conversion Cycle of 77.36 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 31.58. Eltes Co's value of 77.36 is 145% 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 31.58, based on 2,809 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. Eltes Co's current Cash Conversion Cycle of 77.36 is 145% 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 Eltes Co and its competitors. For the Software industry, the median Cash Conversion Cycle is 31.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eltes Co's current Cash Conversion Cycle is 77.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltes Co stock overvalued right now?
Based on GuruFocus' analysis, Eltes Co (TSE:3967) is currently considered Possible Value Trap. The stock's GF Value™ is 円990.31, compared to a current price of 円580.00 — trading 41.4% below its estimated fair value. The current Cash Conversion Cycle is 77.36 and 145% above the Software industry median of 31.58. Eltes Co's overall GF Score™ is 64/100 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 Eltes Co (TSE:3967), the current Cash Conversion Cycle is 77.36 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 Eltes Co (TSE:3967) Overvalued in 2026?
Based on GuruFocus' analysis, Eltes Co stock appears to be undervalued.
The current stock price of 円580.00 is trading 41.4% below its estimated GF Value™ of 円990.31.
GuruFocus considers Eltes Co to be Possible Value Trap.
Key valuation signals for TSE:3967:
Cash Conversion Cycle: 77.36
GF Value™: 円990.31 vs. price of 円580.00 (41.4% below fair value)
No single metric tells the full story. See the TSE:3967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eltes Co Ltd provides consultation services based on digital risk technology for database risk and other large storage protection in Japan. It also offers internal fraud detection services that enable the prevention of information security breaches caused by internal factors; and a service that includes detection and diagnosis of security breaches caused by external factors.
64GF 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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