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IPS's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 289.05.
IPS's Days Inventory for the
six
months ended in Mar. 2026 was 13.68.
IPS's Days Payable for the
six
months ended in Mar. 2026 was 40.15.
Therefore, IPS's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 262.58.
IPS (TSE:4390) 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.
IPS Cash Conversion Cycle Related Terms
IPS Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for IPS'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:4390 vs TMUS, VZ, T: Cash Conversion Cycle Comparison
For the Telecom Services subindustry, IPS'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.
IPS Cash Conversion Cycle vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, IPS's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where IPS'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.
IPS'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.
IPS (TSE:4390) has a Cash Conversion Cycle of 262.58 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on IPS and its competitors.
Is IPS's Cash Conversion Cycle too high?
IPS's current Cash Conversion Cycle is 262.58. Overall, IPS has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IPS's Cash Conversion Cycle compare to TMUS and VZ?
IPS's Cash Conversion Cycle of 262.58 can be compared against companies in the Telecommunication Services industry. 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 Telecommunication Services company?
A good Cash Conversion Cycle depends on the Telecommunication Services industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 IPS and its competitors. IPS's current Cash Conversion Cycle is 262.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPS stock overvalued right now?
Based on GuruFocus' analysis, IPS (TSE:4390) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,133.34, compared to a current price of 円3,525.00 — trading 12.5% above its estimated fair value. The current Cash Conversion Cycle is 262.58. IPS's overall GF Score™ is 94/100 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 IPS (TSE:4390), the current Cash Conversion Cycle is 262.58 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 IPS (TSE:4390) Overvalued in 2026?
Based on GuruFocus' analysis, IPS stock appears to be overvalued.
The current stock price of 円3,525.00 is trading 12.5% above its estimated GF Value™ of 円3,133.34.
GuruFocus considers IPS to be Modestly Overvalued.
Key valuation signals for TSE:4390:
Cash Conversion Cycle: 262.58
GF Value™: 円3,133.34 vs. price of 円3,525.00 (12.5% above fair value)
No single metric tells the full story. See the TSE:4390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPS Inc is engaged in the wholesale of international telecommunication services for cable television operators, Internet connection services for corporations, telecommunication services for various call centers, and job placement and advertising services for recruiters.
94GF 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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