Nippon Shikizai (TSE:4920) Cash Conversion Cycle: 115.42 (As of Feb. 2026)


TSE:4920 Nippon Shikizai Inc TSE:4920
67 GF Score
Price 円1,160.00
GF Value 円1,472.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nippon Shikizai Cash Conversion Cycle?

Nippon Shikizai TSE:4920 +0.17% 67 Cash Conversion Cycle is 115.42 as of Feb. 2026. GuruFocus rates TSE:4920 with a GF Score™ of 67/100 and a GF Value™ of 円1,472.27 (Modestly Undervalued). The stock has 5 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.

Nippon Shikizai's Days Sales Outstanding for the six months ended in Feb. 2026 was 61.9.
Nippon Shikizai's Days Inventory for the six months ended in Feb. 2026 was 71.55.
Nippon Shikizai's Days Payable for the six months ended in Feb. 2026 was 18.03.
Therefore, Nippon Shikizai's Cash Conversion Cycle (CCC) for the six months ended in Feb. 2026 was 115.42.


Nippon Shikizai  (TSE:4920) 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.


Nippon Shikizai Cash Conversion Cycle Related Terms


Nippon Shikizai Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Nippon Shikizai'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.

Nippon Shikizai Cash Conversion Cycle Chart

Nippon Shikizai Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.67 105.26 104.51 98.49 116.08

Nippon Shikizai Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 109.23 101.94 116.99 112.87 115.42

TSE:4920 vs PG, CL, KVUE: Cash Conversion Cycle Comparison

For the Household & Personal Products subindustry, Nippon Shikizai'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.


Nippon Shikizai Cash Conversion Cycle vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nippon Shikizai's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Nippon Shikizai's Cash Conversion Cycle falls into.


TSE:4920
67GF Score
Nippon Shikizai Inc TSE:4920
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Shikizai 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.

Nippon Shikizai's Cash Conversion Cycle for the fiscal year that ended in Feb. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=64.41+71.49-19.82
=116.08

Nippon Shikizai's Cash Conversion Cycle for the quarter that ended in Feb. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=61.9+71.55-18.03
=115.42

* 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 115.42 mean?
Nippon Shikizai (TSE:4920) has a Cash Conversion Cycle of 115.42 as of Feb. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nippon Shikizai and its competitors.
Is Nippon Shikizai's Cash Conversion Cycle too high?
Nippon Shikizai's current Cash Conversion Cycle is 115.42. The Consumer Packaged Goods industry median Cash Conversion Cycle is 75.52. Nippon Shikizai's value of 115.42 is 52.8% above this industry median. Overall, Nippon Shikizai has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Shikizai's Cash Conversion Cycle compare to PG and CL?
Nippon Shikizai's Cash Conversion Cycle of 115.42 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 75.52. Nippon Shikizai's value of 115.42 is 52.8% 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 Consumer Packaged Goods company?
The median Cash Conversion Cycle among Consumer Packaged Goods companies is 75.52, based on 1,949 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. Nippon Shikizai's current Cash Conversion Cycle of 115.42 is 52.8% 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 Nippon Shikizai and its competitors. For the Consumer Packaged Goods industry, the median Cash Conversion Cycle is 75.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Shikizai's current Cash Conversion Cycle is 115.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Shikizai stock overvalued right now?
Based on GuruFocus' analysis, Nippon Shikizai (TSE:4920) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,472.27, compared to a current price of 円1,160.00 — trading 21.2% below its estimated fair value. The current Cash Conversion Cycle is 115.42 and 52.8% above the Consumer Packaged Goods industry median of 75.52. Nippon Shikizai's overall GF Score™ is 67/100 with 5 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 Nippon Shikizai (TSE:4920), the current Cash Conversion Cycle is 115.42 as of Feb. 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 Nippon Shikizai (TSE:4920) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Shikizai stock appears to be undervalued. The current stock price of 円1,160.00 is trading 21.2% below its estimated GF Value™ of 円1,472.27. GuruFocus considers Nippon Shikizai to be Modestly Undervalued.

Key valuation signals for TSE:4920:

  • Cash Conversion Cycle: 115.42
  • GF Value™: 円1,472.27 vs. price of 円1,160.00 (21.2% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 52.8% above the Consumer Packaged Goods median

No single metric tells the full story. See the TSE:4920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Shikizai Business Description

Address 5-3-13, Mita, Minato-ku, Tokyo, JPN
Nippon Shikizai Inc. is a cosmetics manufacturing service solution provider. It offers products for the face, lips, eyes and skin. The product portfolio of the company includes lipstick, lip liner, lipgloss, powder eye shadow, cream eye shadow, mascara, concealer, highlighter, cleanser, scrub, sunscreen and other products.
67GF Score

Get the complete analysis for TSE:4920

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

円1,160.00
Price
円1,472.27
GF Value