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Nihon Enterprise Co's Days Sales Outstanding for the
six
months ended in May. 2026 was 52.68.
Nihon Enterprise Co's Days Inventory for the
six
months ended in May. 2026 was 4.54.
Nihon Enterprise Co's Days Payable for the
six
months ended in May. 2026 was 21.13.
Therefore, Nihon Enterprise Co's Cash Conversion Cycle (CCC) for the
six
months ended in May. 2026 was 36.09.
Nihon Enterprise Co (TSE:4829) 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.
Nihon Enterprise Co Cash Conversion Cycle Related Terms
Nihon Enterprise Co Cash Conversion Cycle Historical Data
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The historical data trend for Nihon Enterprise 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:4829 vs QH, SHOP, UBER: Cash Conversion Cycle Comparison
For the Software - Application subindustry, Nihon Enterprise 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.
Nihon Enterprise Co Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, Nihon Enterprise Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nihon Enterprise Co's Cash Conversion Cycle falls into.
Nihon Enterprise 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.
Nihon Enterprise Co's Cash Conversion Cycle for the fiscal year that ended in May. 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.
Nihon Enterprise Co (TSE:4829) has a Cash Conversion Cycle of 36.09 as of May. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nihon Enterprise Co and its competitors.
Is Nihon Enterprise Co's Cash Conversion Cycle too high?
Nihon Enterprise Co's current Cash Conversion Cycle is 36.09. The Software industry median Cash Conversion Cycle is 31.57. Nihon Enterprise Co's value of 36.09 is 14.3% above this industry median. Overall, Nihon Enterprise Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Enterprise Co's Cash Conversion Cycle compare to QH and SHOP?
Nihon Enterprise Co's Cash Conversion Cycle of 36.09 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 31.57. Nihon Enterprise Co's value of 36.09 is 14.3% 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 31.57, 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. Nihon Enterprise Co's current Cash Conversion Cycle of 36.09 is 14.3% 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 Nihon Enterprise Co and its competitors. For the Software industry, the median Cash Conversion Cycle is 31.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Enterprise Co's current Cash Conversion Cycle is 36.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Enterprise Co (TSE:4829) is currently considered Fairly Valued. The stock's GF Value™ is 円121.29, compared to a current price of 円112.00 — trading 7.7% below its estimated fair value. The current Cash Conversion Cycle is 36.09 and 14.3% above the Software industry median of 31.57. Nihon Enterprise Co's overall GF Score™ is 64/100 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 Nihon Enterprise Co (TSE:4829), the current Cash Conversion Cycle is 36.09 as of May. 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 Nihon Enterprise Co (TSE:4829) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Enterprise Co stock appears to be undervalued.
The current stock price of 円112.00 is trading 7.7% below its estimated GF Value™ of 円121.29.
GuruFocus considers Nihon Enterprise Co to be Fairly Valued.
Key valuation signals for TSE:4829:
Cash Conversion Cycle: 36.09
GF Value™: 円121.29 vs. price of 円112.00 (7.7% below fair value)
Industry Position: 14.3% above the Software median
No single metric tells the full story. See the TSE:4829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Enterprise Co Ltd is engaged in the planning, development, and management of smartphone apps for consumers, development and sale of business support applications, cloud services, contract development of applications, and advertisement proxy services.
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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