TOIN (TSE:7923) Cash Conversion Cycle: 84.39 (As of Sep. 2025)


TSE:7923 TOIN Corp TSE:7923
50 GF Score
Price 円1,178.00
GF Value 円719.30
! 8 Warning Signs
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What is TOIN Cash Conversion Cycle?

TOIN TSE:7923 -0.51% 50 Cash Conversion Cycle is 84.39 as of Sep. 2025. GuruFocus rates TSE:7923 with a GF Score™ of 50/100 and a GF Value™ of 円719.30. The stock has 8 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.

TOIN's Days Sales Outstanding for the six months ended in Sep. 2025 was 72.12.
TOIN's Days Inventory for the six months ended in Sep. 2025 was 40.37.
TOIN's Days Payable for the six months ended in Sep. 2025 was 28.1.
Therefore, TOIN's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2025 was 84.39.


TOIN  (TSE:7923) 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.


TOIN Cash Conversion Cycle Related Terms


TOIN Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for TOIN'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.

TOIN Cash Conversion Cycle Chart

TOIN Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.43 82.15 75.43 86.02 89.57

TOIN Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 88.16 101.50 95.57 92.08 84.39

TSE:7923 vs SW, PKG, IP: Cash Conversion Cycle Comparison

For the Packaging & Containers subindustry, TOIN'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.


TOIN Cash Conversion Cycle vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TOIN's Cash Conversion Cycle distribution charts can be found below:

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


TSE:7923
50GF Score
TOIN Corp TSE:7923
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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TOIN 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.

TOIN's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=76.21+41.11-27.75
=89.57

TOIN's Cash Conversion Cycle for the quarter that ended in Sep. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=72.12+40.37-28.1
=84.39

* 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 84.39 mean?
TOIN (TSE:7923) has a Cash Conversion Cycle of 84.39 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on TOIN and its competitors.
Is TOIN's Cash Conversion Cycle too high?
TOIN's current Cash Conversion Cycle is 84.39. The Packaging & Containers industry median Cash Conversion Cycle is 86.93. TOIN's value of 84.39 is 2.9% below this industry median. Overall, TOIN has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does TOIN's Cash Conversion Cycle compare to SW and PKG?
TOIN's Cash Conversion Cycle of 84.39 can be compared against companies in the Packaging & Containers industry. The industry median Cash Conversion Cycle is 86.93. TOIN's value of 84.39 is 2.9% 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 Packaging & Containers company?
The median Cash Conversion Cycle among Packaging & Containers companies is 86.93, based on 392 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. TOIN's current Cash Conversion Cycle of 84.39 is 2.9% 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 TOIN and its competitors. For the Packaging & Containers industry, the median Cash Conversion Cycle is 86.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOIN's current Cash Conversion Cycle is 84.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOIN stock overvalued right now?
TOIN (TSE:7923) has a current Cash Conversion Cycle of 84.39. The stock's GF Value™ is 円719.30, compared to a current price of 円1,178.00 — trading 63.8% above its estimated fair value. The current Cash Conversion Cycle is 84.39 and 2.9% below the Packaging & Containers industry median of 86.93. TOIN's overall GF Score™ is 50/100 with 8 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 TOIN (TSE:7923), the current Cash Conversion Cycle is 84.39 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 TOIN (TSE:7923) Overvalued in 2026?

Based on GuruFocus' analysis, TOIN stock appears to be overvalued. The current stock price of 円1,178.00 is trading 63.8% above its estimated GF Value™ of 円719.30.

Key valuation signals for TSE:7923:

  • Cash Conversion Cycle: 84.39
  • GF Value™: 円719.30 vs. price of 円1,178.00 (63.8% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 2.9% below the Packaging & Containers median

No single metric tells the full story. See the TSE:7923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOIN Business Description

Address 1-4-2 Kameido, Koto-ku, Tokyo, JPN
TOIN Corp is engaged in manufacturing of paper containers like food, confectionary, cosmetics, pharmaceuticals, and resin packages. The company is also engaged in the manufacture and sale of labels, contract packaging of quasi-drugs, and food, and precision coating contract work for electronic equipment components such as functional films, and is working to expand its business in a diversified manner based on printing technology.
50GF Score

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

円1,178.00
Price
円719.30
GF Value