TOC Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 14.58.
TOC Co's Days Inventory for the
three
months ended in Mar. 2026 was 7.49.
TOC Co's Days Payable for the
three
months ended in Mar. 2026 was 2.09.
Therefore, TOC Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 19.98.
TOC Co (TSE:8841) 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.
TOC Co Cash Conversion Cycle Related Terms
TOC Co Cash Conversion Cycle Historical Data
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The historical data trend for TOC 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:8841 vs CBRE, BEKE, JLL: Cash Conversion Cycle Comparison
For the Real Estate Services subindustry, TOC 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.
TOC Co Cash Conversion Cycle vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TOC Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where TOC Co'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.
TOC 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.
TOC Co (TSE:8841) has a Cash Conversion Cycle of 19.98 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on TOC Co and its competitors.
Is TOC Co's Cash Conversion Cycle too high?
TOC Co's current Cash Conversion Cycle is 19.98. The Real Estate industry median Cash Conversion Cycle is 318.42. TOC Co's value of 19.98 is 93.7% below this industry median. Overall, TOC Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOC Co's Cash Conversion Cycle compare to CBRE and BEKE?
TOC Co's Cash Conversion Cycle of 19.98 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 318.42. TOC Co's value of 19.98 is 93.7% 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 318.42, based on 1,731 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. TOC Co's current Cash Conversion Cycle of 19.98 is 93.7% 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 TOC Co and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 318.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOC Co's current Cash Conversion Cycle is 19.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOC Co stock overvalued right now?
Based on GuruFocus' analysis, TOC Co (TSE:8841) is currently considered Modestly Overvalued. The stock's GF Value™ is 円833.63, compared to a current price of 円964.00 — trading 15.6% above its estimated fair value. The current Cash Conversion Cycle is 19.98 and 93.7% below the Real Estate industry median of 318.42. TOC Co's overall GF Score™ is 80/100 with 4 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 TOC Co (TSE:8841), the current Cash Conversion Cycle is 19.98 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 TOC Co (TSE:8841) Overvalued in 2026?
Based on GuruFocus' analysis, TOC Co stock appears to be overvalued.
The current stock price of 円964.00 is trading 15.6% above its estimated GF Value™ of 円833.63.
GuruFocus considers TOC Co to be Modestly Overvalued.
Key valuation signals for TSE:8841:
Cash Conversion Cycle: 19.98
GF Value™: 円833.63 vs. price of 円964.00 (15.6% above fair value)
Industry Position: 93.7% below the Real Estate median
No single metric tells the full story. See the TSE:8841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOC Co Ltd is a Japan-based company with three business segments: real estate, linen supply and laundry, and other. The real estate segment is engaged in planning, execution, and management of urban development projects. The linen supply and laundry segment is engaged in supplying various linens used in hotels and restaurants, and offering dry cleaning services. The other segment contains a pharmaceuticals business, operates a sports club and a bathing facility, includes retail and restaurant businesses, and engages in building maintenance services. The company generates most of its revenue from the real estate segment.
80GF Score
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