ASAX Co (TSE:8772) Cash Conversion Cycle: 4,346.63 (As of Mar. 2026)


TSE:8772 ASAX Co Ltd TSE:8772
79 GF Score
Price 円808.00
GF Value 円974.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is ASAX Co Cash Conversion Cycle?

ASAX Co TSE:8772 +1.25% 79 Cash Conversion Cycle is 4,346.63 as of Mar. 2026. GuruFocus rates TSE:8772 with a GF Score™ of 79/100 and a GF Value™ of 円974.66 (Modestly Undervalued). The stock has 3 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.

ASAX Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 4346.63.
ASAX Co's Days Inventory for the three months ended in Mar. 2026 was 0.
ASAX Co's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, ASAX Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 4,346.63.


ASAX Co  (TSE:8772) 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.


ASAX Co Cash Conversion Cycle Related Terms


ASAX Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for ASAX 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.

ASAX Co Cash Conversion Cycle Chart

ASAX Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,883.75 4,955.43 4,999.32 4,834.86 4,482.46

ASAX Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 6,410.20 3,444.85 4,233.47 4,346.63

TSE:8772 vs RKT, FNMA, PFSI: Cash Conversion Cycle Comparison

For the Mortgage Finance subindustry, ASAX 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.


ASAX Co Cash Conversion Cycle vs Banks Industry

For the Banks industry and Financial Services sector, ASAX Co's Cash Conversion Cycle distribution charts can be found below:

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


TSE:8772
79GF Score
ASAX Co Ltd TSE:8772
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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ASAX 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.

ASAX Co's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=4460.94+21.52-0
=4,482.46

ASAX Co's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=4346.63+0-0
=4,346.63

* 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 4,346.63 mean?
ASAX Co (TSE:8772) has a Cash Conversion Cycle of 4,346.63 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ASAX Co and its competitors.
Is ASAX Co's Cash Conversion Cycle too high?
ASAX Co's current Cash Conversion Cycle is 4,346.63. The Banks industry median Cash Conversion Cycle is 0.23. ASAX Co's value of 4,346.63 is 1931735.6% above this industry median. Overall, ASAX Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAX Co's Cash Conversion Cycle compare to RKT and FNMA?
ASAX Co's Cash Conversion Cycle of 4,346.63 can be compared against companies in the Banks industry. The industry median Cash Conversion Cycle is 0.23. ASAX Co's value of 4,346.63 is 1931735.6% 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 Banks company?
The median Cash Conversion Cycle among Banks companies is 0.23, based on 44 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. ASAX Co's current Cash Conversion Cycle of 4,346.63 is 1931735.6% 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 ASAX Co and its competitors. For the Banks industry, the median Cash Conversion Cycle is 0.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAX Co's current Cash Conversion Cycle is 4,346.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASAX Co (TSE:8772) is currently considered Modestly Undervalued. The stock's GF Value™ is 円974.66, compared to a current price of 円808.00 — trading 17.1% below its estimated fair value. The current Cash Conversion Cycle is 4,346.63 and 1931735.6% above the Banks industry median of 0.23. ASAX Co's overall GF Score™ is 79/100 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 ASAX Co (TSE:8772), the current Cash Conversion Cycle is 4,346.63 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 ASAX Co (TSE:8772) Overvalued in 2026?

Based on GuruFocus' analysis, ASAX Co stock appears to be undervalued. The current stock price of 円808.00 is trading 17.1% below its estimated GF Value™ of 円974.66. GuruFocus considers ASAX Co to be Modestly Undervalued.

Key valuation signals for TSE:8772:

  • Cash Conversion Cycle: 4,346.63
  • GF Value™: 円974.66 vs. price of 円808.00 (17.1% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 1931735.6% above the Banks median

No single metric tells the full story. See the TSE:8772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASAX Co Business Description

Address 1-3-14 Hiroo, ASAX Hiroo Building 9th Floor, Shibuya-ku, Tokyo, JPN, 150-0012
ASAX Co Ltd is a real estate secured loan provider. The company provides Real estate secured loans for businesses, Real estate secured loans for individuals, Property sale bridge loan, Real estate purchase/construction loan, and Real Estate agent loans.
79GF Score

Get the complete analysis for TSE:8772

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

円808.00
Price
円974.66
GF Value