Nippon Kanzai Holdings Co (TSE:9347) Cash Conversion Cycle: 38.04 (As of Mar. 2026)


TSE:9347 Nippon Kanzai Holdings Co Ltd TSE:9347
88 GF Score
Price 円2,729.00
GF Value 円3,285.62
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nippon Kanzai Holdings Co Cash Conversion Cycle?

Nippon Kanzai Holdings Co TSE:9347 -0.33% 88 Cash Conversion Cycle is 38.04 as of Mar. 2026. GuruFocus rates TSE:9347 with a GF Score™ of 88/100 and a GF Value™ of 円3,285.62 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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

Nippon Kanzai Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 43.23.
Nippon Kanzai Holdings Co's Days Inventory for the three months ended in Mar. 2026 was 18.43.
Nippon Kanzai Holdings Co's Days Payable for the three months ended in Mar. 2026 was 23.62.
Therefore, Nippon Kanzai Holdings Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 38.04.


Nippon Kanzai Holdings Co  (TSE:9347) 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.


Nippon Kanzai Holdings Co Cash Conversion Cycle Related Terms


Nippon Kanzai Holdings Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Nippon Kanzai 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.

Nippon Kanzai Holdings Co Cash Conversion Cycle Chart

Nippon Kanzai Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.16 32.04 31.22 35.63 40.21

Nippon Kanzai Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 32.67 45.46 44.32 43.21 38.04

TSE:9347 vs CBRE, BEKE, JLL: Cash Conversion Cycle Comparison

For the Real Estate Services subindustry, Nippon Kanzai 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.


Nippon Kanzai Holdings Co Cash Conversion Cycle vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nippon Kanzai Holdings Co's Cash Conversion Cycle distribution charts can be found below:

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


TSE:9347
88GF Score
Nippon Kanzai Holdings Co Ltd TSE:9347
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Kanzai 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.

Nippon Kanzai Holdings 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
=48.59+20.7-29.08
=40.21

Nippon Kanzai Holdings 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
=43.23+18.43-23.62
=38.04

* 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 38.04 mean?
Nippon Kanzai Holdings Co (TSE:9347) has a Cash Conversion Cycle of 38.04 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nippon Kanzai Holdings Co and its competitors.
Is Nippon Kanzai Holdings Co's Cash Conversion Cycle too high?
Nippon Kanzai Holdings Co's current Cash Conversion Cycle is 38.04. The Real Estate industry median Cash Conversion Cycle is 320.74. Nippon Kanzai Holdings Co's value of 38.04 is 88.1% below this industry median. Overall, Nippon Kanzai Holdings Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Kanzai Holdings Co's Cash Conversion Cycle compare to CBRE and BEKE?
Nippon Kanzai Holdings Co's Cash Conversion Cycle of 38.04 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.74. Nippon Kanzai Holdings Co's value of 38.04 is 88.1% 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 320.74, 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. Nippon Kanzai Holdings Co's current Cash Conversion Cycle of 38.04 is 88.1% 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 Nippon Kanzai Holdings Co and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Kanzai Holdings Co's current Cash Conversion Cycle is 38.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Kanzai Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Kanzai Holdings Co (TSE:9347) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,285.62, compared to a current price of 円2,729.00 — trading 16.9% below its estimated fair value. The current Cash Conversion Cycle is 38.04 and 88.1% below the Real Estate industry median of 320.74. Nippon Kanzai Holdings Co's overall GF Score™ is 88/100 with 1 warning sign 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 Nippon Kanzai Holdings Co (TSE:9347), the current Cash Conversion Cycle is 38.04 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 Nippon Kanzai Holdings Co (TSE:9347) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Kanzai Holdings Co stock appears to be undervalued. The current stock price of 円2,729.00 is trading 16.9% below its estimated GF Value™ of 円3,285.62. GuruFocus considers Nippon Kanzai Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9347:

  • Cash Conversion Cycle: 38.04
  • GF Value™: 円3,285.62 vs. price of 円2,729.00 (16.9% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 88.1% below the Real Estate median

No single metric tells the full story. See the TSE:9347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Kanzai Holdings Co Business Description

Address 9-16 Rokutojicho, Hyogo Prefecture, Nishinomiya, JPN, 662-8588
Nippon Kanzai Holdings Co Ltd is a Japan-based fund management company. Itengaged in a wide range of comprehensive building management services, Security and Guard Services, Construction-related services for general tenant buildings and government facilities, real estate fund management services, and Others. The company's business segments include Building Management and Operation Business, Environmental Facility Management Business, Real Estate Fund Management Business, and Other Businesses which consist mainly of event planning and management, printing and design, among others. The company generates the majority of its revenue from the Building Management and Operation Business.
88GF Score

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

円2,729.00
Price
円3,285.62
GF Value