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NS United Kaiun Kaisha (TSE:9110) Cash Conversion Cycle : 49.28 (As of Dec. 2024)


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What is NS United Kaiun Kaisha Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

NS United Kaiun Kaisha's Days Sales Outstanding for the three months ended in Dec. 2024 was 49.06.
NS United Kaiun Kaisha's Days Inventory for the three months ended in Dec. 2024 was 23.6.
NS United Kaiun Kaisha's Days Payable for the three months ended in Dec. 2024 was 23.38.
Therefore, NS United Kaiun Kaisha's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 49.28.


NS United Kaiun Kaisha Cash Conversion Cycle Historical Data

The historical data trend for NS United Kaiun Kaisha'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.

* Premium members only.

NS United Kaiun Kaisha Cash Conversion Cycle Chart

NS United Kaiun Kaisha 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 45.74 41.78 44.19 52.32 51.46

NS United Kaiun Kaisha Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 53.64 51.16 45.17 49.28 53.09

Competitive Comparison of NS United Kaiun Kaisha's Cash Conversion Cycle

For the Marine Shipping subindustry, NS United Kaiun Kaisha'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.


NS United Kaiun Kaisha's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, NS United Kaiun Kaisha's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where NS United Kaiun Kaisha's Cash Conversion Cycle falls into.


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NS United Kaiun Kaisha 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.

NS United Kaiun Kaisha'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
=52.23+23.04-23.81
=51.46

NS United Kaiun Kaisha's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=49.06+23.6-23.38
=49.28

* 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.


NS United Kaiun Kaisha  (TSE:9110) 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.


NS United Kaiun Kaisha Cash Conversion Cycle Related Terms

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NS United Kaiun Kaisha Business Description

Traded in Other Exchanges
N/A
Address
21, 22 Floor, Otemachi First Square West Tower, 5-1 Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8108
NS United Kaiun Kaisha Ltd is engaged in the marine business. The company provides land and sea transportation, operates as a shipping agent for land, air, and marine transportation, and property and act as some life insurance agency operations. Additionally, it also manufactures, maintains and sells shipping equipment as well as is also involved in the real-estate operations. The company offers marine transportation services such as raw materials and fuel for the iron production industry, raw materials for other industries, various energy resources, industrial products, and feed grains.

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