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Tigers Polymer's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 71.2.
Tigers Polymer's Days Inventory for the
six
months ended in Mar. 2026 was 50.3.
Tigers Polymer's Days Payable for the
six
months ended in Mar. 2026 was 23.82.
Therefore, Tigers Polymer's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 97.68.
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.
Tigers Polymer Cash Conversion Cycle Related Terms
Tigers Polymer Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Tigers Polymer'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:4231 vs LIN, SHW, ECL: Cash Conversion Cycle Comparison
For the Specialty Chemicals subindustry, Tigers Polymer'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.
Tigers Polymer Cash Conversion Cycle vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tigers Polymer's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Tigers Polymer'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.
Tigers Polymer'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.
Tigers Polymer (TSE:4231) has a Cash Conversion Cycle of 97.68 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Tigers Polymer and its competitors.
Is Tigers Polymer's Cash Conversion Cycle too high?
Tigers Polymer's current Cash Conversion Cycle is 97.68. The Chemicals industry median Cash Conversion Cycle is 89.43. Tigers Polymer's value of 97.68 is 9.2% above this industry median. Overall, Tigers Polymer has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tigers Polymer's Cash Conversion Cycle compare to LIN and SHW?
Tigers Polymer's Cash Conversion Cycle of 97.68 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.43. Tigers Polymer's value of 97.68 is 9.2% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.43, based on 1,578 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. Tigers Polymer's current Cash Conversion Cycle of 97.68 is 9.2% 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 Tigers Polymer and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tigers Polymer's current Cash Conversion Cycle is 97.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tigers Polymer stock overvalued right now?
Based on GuruFocus' analysis, Tigers Polymer (TSE:4231) is currently considered Modestly Overvalued. The stock's GF Value™ is 円889.65, compared to a current price of 円1,040.00 — trading 16.9% above its estimated fair value. The current Cash Conversion Cycle is 97.68 and 9.2% above the Chemicals industry median of 89.43. Tigers Polymer's overall GF Score™ is 74/100 with 4 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 Tigers Polymer (TSE:4231), the current Cash Conversion Cycle is 97.68 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 Tigers Polymer (TSE:4231) Overvalued in 2026?
Based on GuruFocus' analysis, Tigers Polymer stock appears to be overvalued.
The current stock price of 円1,040.00 is trading 16.9% above its estimated GF Value™ of 円889.65.
GuruFocus considers Tigers Polymer to be Modestly Overvalued.
Key valuation signals for TSE:4231:
Cash Conversion Cycle: 97.68
GF Value™: 円889.65 vs. price of 円1,040.00 (16.9% above fair value)
Industry Position: 9.2% above the Chemicals median
No single metric tells the full story. See the TSE:4231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tigers Polymer Corp is engaged in the manufacture of various parts and parts materials of the same type and series. Its segments include Hose manufacturers and sellers of hoses for home appliances (hoses for vacuum cleaners, washing machines, and air conditioners) and industrial hoses; rubber sheets are used for packing materials, cushioning materials, and mats, mainly for entrances.
74GF 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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