Nicca Chemical Co (TSE:4463) Cash Conversion Cycle: 119.99 (As of Dec. 2025)


TSE:4463 Nicca Chemical Co Ltd TSE:4463
66 GF Score
Price 円1,712.00
GF Value 円1,221.58
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nicca Chemical Co Cash Conversion Cycle?

Nicca Chemical Co TSE:4463 +0.71% 66 Cash Conversion Cycle is 119.99 as of Dec. 2025. GuruFocus rates TSE:4463 with a GF Score™ of 66/100 and a GF Value™ of 円1,221.58 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Nicca Chemical Co's Days Sales Outstanding for the six months ended in Dec. 2025 was 72.76.
Nicca Chemical Co's Days Inventory for the six months ended in Dec. 2025 was 108.08.
Nicca Chemical Co's Days Payable for the six months ended in Dec. 2025 was 60.85.
Therefore, Nicca Chemical Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 119.99.


Nicca Chemical Co  (TSE:4463) 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.


Nicca Chemical Co Cash Conversion Cycle Related Terms


Nicca Chemical Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Nicca Chemical 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.

Nicca Chemical Co Cash Conversion Cycle Chart

Nicca Chemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.64 112.40 131.44 126.44 124.68

Nicca Chemical Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.29 135.22 125.30 124.39 119.99

TSE:4463 vs DOW: Cash Conversion Cycle Comparison

For the Chemicals subindustry, Nicca Chemical 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.


Nicca Chemical Co Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nicca Chemical Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Nicca Chemical Co's Cash Conversion Cycle falls into.


TSE:4463
66GF Score
Nicca Chemical Co Ltd TSE:4463
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nicca Chemical 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.

Nicca Chemical Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=78.47+110.54-64.33
=124.68

Nicca Chemical Co's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=72.76+108.08-60.85
=119.99

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 119.99 mean?
Nicca Chemical Co (TSE:4463) has a Cash Conversion Cycle of 119.99 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nicca Chemical Co and its competitors.
Is Nicca Chemical Co's Cash Conversion Cycle too high?
Nicca Chemical Co's current Cash Conversion Cycle is 119.99. The Chemicals industry median Cash Conversion Cycle is 89.43. Nicca Chemical Co's value of 119.99 is 34.2% above this industry median. Overall, Nicca Chemical Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nicca Chemical Co's Cash Conversion Cycle compare to DOW?
Nicca Chemical Co's Cash Conversion Cycle of 119.99 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.43. Nicca Chemical Co's value of 119.99 is 34.2% 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. Nicca Chemical Co's current Cash Conversion Cycle of 119.99 is 34.2% 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 Nicca Chemical Co 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. Nicca Chemical Co's current Cash Conversion Cycle is 119.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicca Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nicca Chemical Co (TSE:4463) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,221.58, compared to a current price of 円1,712.00 — trading 40.1% above its estimated fair value. The current Cash Conversion Cycle is 119.99 and 34.2% above the Chemicals industry median of 89.43. Nicca Chemical Co's overall GF Score™ is 66/100 with 3 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 Nicca Chemical Co (TSE:4463), the current Cash Conversion Cycle is 119.99 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 Nicca Chemical Co (TSE:4463) Overvalued in 2026?

Based on GuruFocus' analysis, Nicca Chemical Co stock appears to be overvalued. The current stock price of 円1,712.00 is trading 40.1% above its estimated GF Value™ of 円1,221.58. GuruFocus considers Nicca Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:4463:

  • Cash Conversion Cycle: 119.99
  • GF Value™: 円1,221.58 vs. price of 円1,712.00 (40.1% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 34.2% above the Chemicals median

No single metric tells the full story. See the TSE:4463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nicca Chemical Co Business Description

Address 23-1, Bunkyo 4-chome, Fukui, JPN, 910-8670
Nicca Chemical Co Ltd is engaged in the chemical business. It manufactures and sells surfactants for the textile chemicals, metals, pulp and paper, paints, dyes, and synthetic resins, cosmetics, and pharmaceutical products. It also offers a range of surfactants for dry cleaning and professional cleaning agents. The company's segment includes Chemicals and Cosmetics. The company generates the majority of its revenue from Chemicals.
66GF Score

Get the complete analysis for TSE:4463

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,712.00
Price
円1,221.58
GF Value