Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Di Nikko Engineering Co's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 69.31.
Di Nikko Engineering Co's Days Inventory for the
six
months ended in Dec. 2025 was 73.38.
Di Nikko Engineering Co's Days Payable for the
six
months ended in Dec. 2025 was 50.25.
Therefore, Di Nikko Engineering Co's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was 92.44.
Di Nikko Engineering Co (TSE:6635) 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.
Di Nikko Engineering Co Cash Conversion Cycle Related Terms
Di Nikko Engineering Co Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Di Nikko Engineering 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.
Di Nikko Engineering Co Cash Conversion Cycle Chart
TSE:6635 vs APH, GLW: Cash Conversion Cycle Comparison
For the Electronic Components subindustry, Di Nikko Engineering 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.
Di Nikko Engineering Co Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Di Nikko Engineering Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Di Nikko Engineering Co's Cash Conversion Cycle falls into.
Di Nikko Engineering 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.
Di Nikko Engineering Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
Di Nikko Engineering Co (TSE:6635) has a Cash Conversion Cycle of 92.44 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Di Nikko Engineering Co and its competitors.
Is Di Nikko Engineering Co's Cash Conversion Cycle too high?
Di Nikko Engineering Co's current Cash Conversion Cycle is 92.44. The Hardware industry median Cash Conversion Cycle is 99.18. Di Nikko Engineering Co's value of 92.44 is 6.8% below this industry median. Overall, Di Nikko Engineering Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Di Nikko Engineering Co's Cash Conversion Cycle compare to APH and GLW?
Di Nikko Engineering Co's Cash Conversion Cycle of 92.44 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.18. Di Nikko Engineering Co's value of 92.44 is 6.8% below 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 99.18, based on 2,479 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. Di Nikko Engineering Co's current Cash Conversion Cycle of 92.44 is 6.8% below 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 Di Nikko Engineering Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Di Nikko Engineering Co's current Cash Conversion Cycle is 92.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Di Nikko Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Di Nikko Engineering Co (TSE:6635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円491.32, compared to a current price of 円666.00 — trading 35.6% above its estimated fair value. The current Cash Conversion Cycle is 92.44 and 6.8% below the Hardware industry median of 99.18. Di Nikko Engineering Co's overall GF Score™ is 61/100 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 Di Nikko Engineering Co (TSE:6635), the current Cash Conversion Cycle is 92.44 as of Dec. 2025. 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 Di Nikko Engineering Co (TSE:6635) Overvalued in 2026?
Based on GuruFocus' analysis, Di Nikko Engineering Co stock appears to be overvalued.
The current stock price of 円666.00 is trading 35.6% above its estimated GF Value™ of 円491.32.
GuruFocus considers Di Nikko Engineering Co to be Significantly Overvalued.
Key valuation signals for TSE:6635:
Cash Conversion Cycle: 92.44
GF Value™: 円491.32 vs. price of 円666.00 (35.6% above fair value)
No single metric tells the full story. See the TSE:6635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Di Nikko Engineering Co Ltd engages in the design, test, manufacture, distribution, and return/repair of electronic components and assemblies for original equipment manufacturers in Japan. Its services include the design to production of the circuit implementation of an electronic board used for an electronics product, an OA apparatus, optical goods, and communications equipment. Geographically company manages in two segments Japan and Asia.
61GF Score
Get the complete analysis for TSE:6635
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6635 has been successfully added to your 
