Mitsuboshi Belting (TSE:5192) Cash Conversion Cycle: 166.59 (As of Mar. 2026)


TSE:5192 Mitsuboshi Belting Ltd TSE:5192
89 GF Score
Price 円3,965.00
GF Value 円4,370.38
Valuation Fairly Valued
! 2 Warning Signs
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What is Mitsuboshi Belting Cash Conversion Cycle?

Mitsuboshi Belting TSE:5192 +0.63% 89 Cash Conversion Cycle is 166.59 as of Mar. 2026. GuruFocus rates TSE:5192 with a GF Score™ of 89/100 and a GF Value™ of 円4,370.38 (Fairly Valued). The stock has 2 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.

Mitsuboshi Belting's Days Sales Outstanding for the three months ended in Mar. 2026 was 77.33.
Mitsuboshi Belting's Days Inventory for the three months ended in Mar. 2026 was 141.68.
Mitsuboshi Belting's Days Payable for the three months ended in Mar. 2026 was 52.42.
Therefore, Mitsuboshi Belting's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 166.59.


Mitsuboshi Belting  (TSE:5192) 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.


Mitsuboshi Belting Cash Conversion Cycle Related Terms


Mitsuboshi Belting Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Mitsuboshi Belting'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.

Mitsuboshi Belting Cash Conversion Cycle Chart

Mitsuboshi Belting 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 156.84 159.46 168.21 164.99 166.42

Mitsuboshi Belting 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 173.03 172.92 161.33 164.15 166.59

TSE:5192 vs GEV, ETN, PH: Cash Conversion Cycle Comparison

For the Specialty Industrial Machinery subindustry, Mitsuboshi Belting'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.


Mitsuboshi Belting Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsuboshi Belting's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mitsuboshi Belting's Cash Conversion Cycle falls into.


TSE:5192
89GF Score
Mitsuboshi Belting Ltd TSE:5192
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsuboshi Belting 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.

Mitsuboshi Belting'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
=76.41+143.24-53.23
=166.42

Mitsuboshi Belting'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
=77.33+141.68-52.42
=166.59

* 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 166.59 mean?
Mitsuboshi Belting (TSE:5192) has a Cash Conversion Cycle of 166.59 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Mitsuboshi Belting and its competitors.
Is Mitsuboshi Belting's Cash Conversion Cycle too high?
Mitsuboshi Belting's current Cash Conversion Cycle is 166.59. The Industrial Products industry median Cash Conversion Cycle is 122.29. Mitsuboshi Belting's value of 166.59 is 36.2% above this industry median. Overall, Mitsuboshi Belting has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsuboshi Belting's Cash Conversion Cycle compare to GEV and ETN?
Mitsuboshi Belting's Cash Conversion Cycle of 166.59 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Mitsuboshi Belting's value of 166.59 is 36.2% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.29, based on 3,026 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. Mitsuboshi Belting's current Cash Conversion Cycle of 166.59 is 36.2% 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 Mitsuboshi Belting and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsuboshi Belting's current Cash Conversion Cycle is 166.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsuboshi Belting stock overvalued right now?
Based on GuruFocus' analysis, Mitsuboshi Belting (TSE:5192) is currently considered Fairly Valued. The stock's GF Value™ is 円4,370.38, compared to a current price of 円3,965.00 — trading 9.3% below its estimated fair value. The current Cash Conversion Cycle is 166.59 and 36.2% above the Industrial Products industry median of 122.29. Mitsuboshi Belting's overall GF Score™ is 89/100 with 2 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 Mitsuboshi Belting (TSE:5192), the current Cash Conversion Cycle is 166.59 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 Mitsuboshi Belting (TSE:5192) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsuboshi Belting stock appears to be undervalued. The current stock price of 円3,965.00 is trading 9.3% below its estimated GF Value™ of 円4,370.38. GuruFocus considers Mitsuboshi Belting to be Fairly Valued.

Key valuation signals for TSE:5192:

  • Cash Conversion Cycle: 166.59
  • GF Value™: 円4,370.38 vs. price of 円3,965.00 (9.3% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 36.2% above the Industrial Products median

No single metric tells the full story. See the TSE:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsuboshi Belting Business Description

Address 4 - 1 21 Hamazoe dori, Nagata ku, Hyogo-ken, JPN, 6530024
Mitsuboshi Belting Ltd is involved in the business of Power transmission belts and related products, Conveyor belts and systems and related products, Engineering plastics, Engineering structural foam, Waterproofing and Watershielding sheet, Metal nanoparticle related products. Its products include automobile and motorcycle transmission belts, general industrial transmission belts, pulleys, conveyer belts, systems, engineering plastic materials and processed products, waterproofing materials for construction etc.
89GF Score

Get the complete analysis for TSE:5192

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

円3,965.00
Price
円4,370.38
GF Value