Nippon Antenna Co's Days Sales Outstanding for the
six
months ended in Sep. 2025 was 98.81.
Nippon Antenna Co's Days Inventory for the
six
months ended in Sep. 2025 was 104.9.
Nippon Antenna Co's Days Payable for the
six
months ended in Sep. 2025 was 46.36.
Therefore, Nippon Antenna Co's Cash Conversion Cycle (CCC) for the
six
months ended in Sep. 2025 was 157.35.
Nippon Antenna Co (TSE:6930) 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 Antenna Co Cash Conversion Cycle Related Terms
Nippon Antenna Co Cash Conversion Cycle Historical Data
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The historical data trend for Nippon Antenna 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:6930 vs CSCO, MSI, UI: Cash Conversion Cycle Comparison
For the Communication Equipment subindustry, Nippon Antenna 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.
Nippon Antenna Co Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Nippon Antenna Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nippon Antenna Co's Cash Conversion Cycle falls into.
Nippon Antenna 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.
Nippon Antenna Co's Cash Conversion Cycle for the fiscal year that ended in Mar. 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.
Nippon Antenna Co (TSE:6930) has a Cash Conversion Cycle of 157.35 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nippon Antenna Co and its competitors.
Is Nippon Antenna Co's Cash Conversion Cycle too high?
Nippon Antenna Co's current Cash Conversion Cycle is 157.35. The Hardware industry median Cash Conversion Cycle is 98.93. Nippon Antenna Co's value of 157.35 is 59.1% above this industry median. Overall, Nippon Antenna Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Antenna Co's Cash Conversion Cycle compare to CSCO and MSI?
Nippon Antenna Co's Cash Conversion Cycle of 157.35 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.93. Nippon Antenna Co's value of 157.35 is 59.1% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.93, based on 2,473 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 Antenna Co's current Cash Conversion Cycle of 157.35 is 59.1% 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 Antenna Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Antenna Co's current Cash Conversion Cycle is 157.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Antenna Co stock overvalued right now?
Nippon Antenna Co (TSE:6930) has a current Cash Conversion Cycle of 157.35. The stock's GF Value™ is 円435.28, compared to a current price of 円823.00 — trading 89.1% above its estimated fair value. The current Cash Conversion Cycle is 157.35 and 59.1% above the Hardware industry median of 98.93. Nippon Antenna Co's overall GF Score™ is 36/100 with 6 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 Antenna Co (TSE:6930), the current Cash Conversion Cycle is 157.35 as of Sep. 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 Nippon Antenna Co (TSE:6930) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Antenna Co stock appears to be overvalued.
The current stock price of 円823.00 is trading 89.1% above its estimated GF Value™ of 円435.28.
Key valuation signals for TSE:6930:
Cash Conversion Cycle: 157.35
GF Value™: 円435.28 vs. price of 円823.00 (89.1% above fair value)
Industry Position: 59.1% above the Hardware median
No single metric tells the full story. See the TSE:6930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Antenna Co Ltd manufactures and sale of antennas for telecommunications, automobiles, and electronic equipment. The its products include satellite, mobile phones, television reception antennas, and satellite broadcasting, cable television (CATV), CATV Internet, satellite reception and radio wave interference counter measures.
36GF Score
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