Daiko Xtech's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 72.58.
Daiko Xtech's Days Inventory for the
six
months ended in Mar. 2026 was 10.42.
Daiko Xtech's Days Payable for the
six
months ended in Mar. 2026 was 44.24.
Therefore, Daiko Xtech's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 38.76.
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.
Daiko Xtech Cash Conversion Cycle Related Terms
Daiko Xtech Cash Conversion Cycle Historical Data
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The historical data trend for Daiko Xtech'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:8023 vs SNX, ARW, AVT: Cash Conversion Cycle Comparison
For the Electronics & Computer Distribution subindustry, Daiko Xtech'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.
Daiko Xtech Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Daiko Xtech's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Daiko Xtech's Cash Conversion Cycle falls into.
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.
Daiko Xtech's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
Daiko Xtech (TSE:8023) has a Cash Conversion Cycle of 38.76 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Daiko Xtech and its competitors.
Is Daiko Xtech's Cash Conversion Cycle too high?
Daiko Xtech's current Cash Conversion Cycle is 38.76. The Hardware industry median Cash Conversion Cycle is 98.93. Daiko Xtech's value of 38.76 is 60.8% below this industry median. Overall, Daiko Xtech has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiko Xtech's Cash Conversion Cycle compare to SNX and ARW?
Daiko Xtech's Cash Conversion Cycle of 38.76 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.93. Daiko Xtech's value of 38.76 is 60.8% 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 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. Daiko Xtech's current Cash Conversion Cycle of 38.76 is 60.8% 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 Daiko Xtech 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. Daiko Xtech's current Cash Conversion Cycle is 38.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiko Xtech stock overvalued right now?
Based on GuruFocus' analysis, Daiko Xtech (TSE:8023) is currently considered Fairly Valued. The stock's GF Value™ is 円943.25, compared to a current price of 円987.00 — trading 4.6% above its estimated fair value. The current Cash Conversion Cycle is 38.76 and 60.8% below the Hardware industry median of 98.93. Daiko Xtech's overall GF Score™ is 71/100 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 Daiko Xtech (TSE:8023), the current Cash Conversion Cycle is 38.76 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 Daiko Xtech (TSE:8023) Overvalued in 2026?
Based on GuruFocus' analysis, Daiko Xtech stock appears to be overvalued.
The current stock price of 円987.00 is trading 4.6% above its estimated GF Value™ of 円943.25.
GuruFocus considers Daiko Xtech to be Fairly Valued.
Key valuation signals for TSE:8023:
Cash Conversion Cycle: 38.76
GF Value™: 円943.25 vs. price of 円987.00 (4.6% above fair value)
Industry Position: 60.8% below the Hardware median
No single metric tells the full story. See the TSE:8023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiko Xtech Ltd formerly Daiko Denshi Tsushin Ltd s engaged in the sale of information communications equipment and the provision of related services. The principal business activities of the company include system consultancy, sales and maintenances of various types of computers, development and maintenances of software, sales and maintenances of a network, sales of computer-related products and construction of office facility.
71GF Score
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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