Business Engineering (TSE:4828) Cash Conversion Cycle: 59.37 (As of Mar. 2026)

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TSE:4828 Business Engineering Corp TSE:4828
85 GF Score
Price 円1,225.00
GF Value 円1,037.19
Valuation Modestly Overvalued
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What is Business Engineering Cash Conversion Cycle?

Business Engineering TSE:4828 +0.66% 85 Cash Conversion Cycle is 59.37 as of Mar. 2026. GuruFocus rates TSE:4828 with a GF Score™ of 85/100 and a GF Value™ of 円1,037.19 (Modestly Overvalued).

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

Business Engineering's Days Sales Outstanding for the three months ended in Mar. 2026 was 72.1.
Business Engineering's Days Inventory for the three months ended in Mar. 2026 was 0.36.
Business Engineering's Days Payable for the three months ended in Mar. 2026 was 13.09.
Therefore, Business Engineering's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 59.37.


Business Engineering  (TSE:4828) 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.


Business Engineering Cash Conversion Cycle Related Terms


Business Engineering Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Business Engineering'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.

Business Engineering Cash Conversion Cycle Chart

Business Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.08 51.23 49.28 55.39 53.58

Business Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 57.30 50.45 55.34 59.29 59.37

TSE:4828 vs QH, SHOP, UBER: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Business Engineering'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.


Business Engineering Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Business Engineering's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Business Engineering's Cash Conversion Cycle falls into.


TSE:4828
85GF Score
Business Engineering Corp TSE:4828
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Business Engineering 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.

Business Engineering's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=64.91+0.48-11.81
=53.58

Business Engineering's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=72.1+0.36-13.09
=59.37

* 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 59.37 mean?
Business Engineering (TSE:4828) has a Cash Conversion Cycle of 59.37 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Business Engineering and its competitors.
Is Business Engineering's Cash Conversion Cycle too high?
Business Engineering's current Cash Conversion Cycle is 59.37. The Software industry median Cash Conversion Cycle is 32.08. Business Engineering's value of 59.37 is 85.1% above this industry median. Overall, Business Engineering has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Business Engineering's Cash Conversion Cycle compare to QH and SHOP?
Business Engineering's Cash Conversion Cycle of 59.37 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.08. Business Engineering's value of 59.37 is 85.1% 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 32.08, based on 2,811 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. Business Engineering's current Cash Conversion Cycle of 59.37 is 85.1% 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 Business Engineering and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business Engineering's current Cash Conversion Cycle is 59.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business Engineering stock overvalued right now?
Based on GuruFocus' analysis, Business Engineering (TSE:4828) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,037.19, compared to a current price of 円1,225.00 — trading 18.1% above its estimated fair value. The current Cash Conversion Cycle is 59.37 and 85.1% above the Software industry median of 32.08. Business Engineering's overall GF Score™ is 85/100. 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 Business Engineering (TSE:4828), the current Cash Conversion Cycle is 59.37 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 Business Engineering (TSE:4828) Overvalued in 2026?

Based on GuruFocus' analysis, Business Engineering stock appears to be overvalued. The current stock price of 円1,225.00 is trading 18.1% above its estimated GF Value™ of 円1,037.19. GuruFocus considers Business Engineering to be Modestly Overvalued.

Key valuation signals for TSE:4828:

  • Cash Conversion Cycle: 59.37
  • GF Value™: 円1,037.19 vs. price of 円1,225.00 (18.1% above fair value)
  • GF Score™: 85/100
  • Industry Position: 85.1% above the Software median

No single metric tells the full story. See the TSE:4828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Business Engineering Business Description

Address 1-8-1 Otemachi, Chiyoda-ku, KDDI Otemachi Building, Tokyo, JPN, 100-0004
Business Engineering Corp is a Japan-based company engaged in providing enterprise software solutions. The solutions offered by the company include Wide line up solutions, Oracle, Mcframe, Mcframe cloud, Global MES, SAP, Mcframe motion VR learning.
85GF Score

Get the complete analysis for TSE:4828

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

円1,225.00
Price
円1,037.19
GF Value