Toho Holdings Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 91.11.
Toho Holdings Co's Days Inventory for the
three
months ended in Mar. 2026 was 25.39.
Toho Holdings Co's Days Payable for the
three
months ended in Mar. 2026 was 123.66.
Therefore, Toho Holdings Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was -7.16.
Toho Holdings Co (TSE:8129) 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.
Toho Holdings Co Cash Conversion Cycle Related Terms
Toho Holdings Co Cash Conversion Cycle Historical Data
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The historical data trend for Toho Holdings 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:8129 vs MCK, CAH, COR: Cash Conversion Cycle Comparison
For the Medical Distribution subindustry, Toho Holdings 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.
Toho Holdings Co Cash Conversion Cycle vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Toho Holdings Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Toho Holdings Co's Cash Conversion Cycle falls into.
Toho Holdings 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.
Toho Holdings Co'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.
Toho Holdings Co (TSE:8129) has a Cash Conversion Cycle of -7.16 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Toho Holdings Co and its competitors.
Is Toho Holdings Co's Cash Conversion Cycle too high?
Toho Holdings Co's current Cash Conversion Cycle is -7.16. Overall, Toho Holdings Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toho Holdings Co's Cash Conversion Cycle compare to MCK and CAH?
Toho Holdings Co's Cash Conversion Cycle of -7.16 can be compared against companies in the Medical Distribution industry. The industry median Cash Conversion Cycle is 55.95. 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 Medical Distribution company?
The median Cash Conversion Cycle among Medical Distribution companies is 55.95, based on 117 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. 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 Toho Holdings Co and its competitors. For the Medical Distribution industry, the median Cash Conversion Cycle is 55.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Holdings Co's current Cash Conversion Cycle is -7.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Holdings Co (TSE:8129) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,792.65, compared to a current price of 円4,010.00 — trading 16.3% below its estimated fair value. The current Cash Conversion Cycle is -7.16. Toho Holdings Co's overall GF Score™ is 85/100 with 3 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 Toho Holdings Co (TSE:8129), the current Cash Conversion Cycle is -7.16 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 Toho Holdings Co (TSE:8129) Overvalued in 2026?
Based on GuruFocus' analysis, Toho Holdings Co stock appears to be undervalued.
The current stock price of 円4,010.00 is trading 16.3% below its estimated GF Value™ of 円4,792.65.
GuruFocus considers Toho Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:8129:
Cash Conversion Cycle: -7.16
GF Value™: 円4,792.65 vs. price of 円4,010.00 (16.3% below fair value)
No single metric tells the full story. See the TSE:8129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toho Holdings Co Ltd is a specialty and generic drug manufacturing company. The company's business includes pharmaceutical wholesaling and pharmacy dispensing. It also maintains a site-management organization business that assists a variety of medical establishments, ranging from large medical institutions to private clinics, with a wide range of clinical trials under contract. The company supports medical institutions suitable for respective trials to improve the quality and speed of clinical trials. It generates additional revenue through software sales to medical institutions.
85GF Score
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