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Intelligent Wave's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 46.93.
Intelligent Wave's Days Inventory for the
three
months ended in Mar. 2026 was 7.99.
Intelligent Wave's Days Payable for the
three
months ended in Mar. 2026 was 11.53.
Therefore, Intelligent Wave's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 43.39.
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.
Intelligent Wave Cash Conversion Cycle Related Terms
Intelligent Wave Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Intelligent Wave'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:4847 vs MSFT, ORCL, PLTR: Cash Conversion Cycle Comparison
For the Software - Infrastructure subindustry, Intelligent Wave'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.
Intelligent Wave Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, Intelligent Wave's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Intelligent Wave'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.
Intelligent Wave's Cash Conversion Cycle for the fiscal year that ended in Jun. 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.
Intelligent Wave (TSE:4847) has a Cash Conversion Cycle of 43.39 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Intelligent Wave and its competitors.
Is Intelligent Wave's Cash Conversion Cycle too high?
Intelligent Wave's current Cash Conversion Cycle is 43.39. The Software industry median Cash Conversion Cycle is 31.41. Intelligent Wave's value of 43.39 is 38.2% above this industry median. Overall, Intelligent Wave has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Intelligent Wave's Cash Conversion Cycle compare to MSFT and ORCL?
Intelligent Wave's Cash Conversion Cycle of 43.39 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 31.41. Intelligent Wave's value of 43.39 is 38.2% 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 Software company?
The median Cash Conversion Cycle among Software companies is 31.41, based on 2,816 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. Intelligent Wave's current Cash Conversion Cycle of 43.39 is 38.2% 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 Intelligent Wave and its competitors. For the Software industry, the median Cash Conversion Cycle is 31.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intelligent Wave's current Cash Conversion Cycle is 43.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intelligent Wave stock overvalued right now?
Based on GuruFocus' analysis, Intelligent Wave (TSE:4847) is currently considered Fairly Valued. The stock's GF Value™ is 円1,203.09, compared to a current price of 円1,315.00 — trading 9.3% above its estimated fair value. The current Cash Conversion Cycle is 43.39 and 38.2% above the Software industry median of 31.41. Intelligent Wave's overall GF Score™ is 89/100 with 7 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 Intelligent Wave (TSE:4847), the current Cash Conversion Cycle is 43.39 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 Intelligent Wave (TSE:4847) Overvalued in 2026?
Based on GuruFocus' analysis, Intelligent Wave stock appears to be overvalued.
The current stock price of 円1,315.00 is trading 9.3% above its estimated GF Value™ of 円1,203.09.
GuruFocus considers Intelligent Wave to be Fairly Valued.
Key valuation signals for TSE:4847:
Cash Conversion Cycle: 43.39
GF Value™: 円1,203.09 vs. price of 円1,315.00 (9.3% above fair value)
Industry Position: 38.2% above the Software median
No single metric tells the full story. See the TSE:4847 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intelligent Wave Inc is engaged in sales of system development services and system products, including hardware and software. It operates in two business segments including the Financial Systems Solutions business, and the Product Solutions business. In the Financial Systems Solutions business, it offers value-added system development, through software and hardware integration, and maintenance services for customers operating primarily in the financial services industry. In the Product Solutions business, it deploys and maintains high value-added systems for data security and other solutions based on the in-house developed product as well as system software procured from third parties for customers operating in a range of industries and fields.
89GF 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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