Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
TV Tokyo Holdings's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 81.43.
TV Tokyo Holdings's Days Inventory for the
three
months ended in Mar. 2026 was 36.08.
TV Tokyo Holdings's Days Payable for the
three
months ended in Mar. 2026 was 17.82.
Therefore, TV Tokyo Holdings's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 99.69.
TV Tokyo Holdings (TSE:9413) 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.
TV Tokyo Holdings Cash Conversion Cycle Related Terms
TV Tokyo Holdings Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for TV Tokyo Holdings'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:9413 vs NXST: Cash Conversion Cycle Comparison
For the Broadcasting subindustry, TV Tokyo Holdings'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.
TV Tokyo Holdings Cash Conversion Cycle vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, TV Tokyo Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where TV Tokyo Holdings's Cash Conversion Cycle falls into.
TV Tokyo Holdings 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.
TV Tokyo Holdings'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.
TV Tokyo Holdings (TSE:9413) has a Cash Conversion Cycle of 99.69 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on TV Tokyo Holdings and its competitors.
Is TV Tokyo Holdings' Cash Conversion Cycle too high?
TV Tokyo Holdings' current Cash Conversion Cycle is 99.69. The Media - Diversified industry median Cash Conversion Cycle is 19.57. TV Tokyo Holdings' value of 99.69 is 409.4% above this industry median. Overall, TV Tokyo Holdings has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TV Tokyo Holdings' Cash Conversion Cycle compare to NXST?
TV Tokyo Holdings' Cash Conversion Cycle of 99.69 can be compared against companies in the Media - Diversified industry. The industry median Cash Conversion Cycle is 19.57. TV Tokyo Holdings' value of 99.69 is 409.4% 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 Media - Diversified company?
The median Cash Conversion Cycle among Media - Diversified companies is 19.57, based on 1,005 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. TV Tokyo Holdings's current Cash Conversion Cycle of 99.69 is 409.4% 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 TV Tokyo Holdings and its competitors. For the Media - Diversified industry, the median Cash Conversion Cycle is 19.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TV Tokyo Holdings's current Cash Conversion Cycle is 99.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TV Tokyo Holdings stock overvalued right now?
Based on GuruFocus' analysis, TV Tokyo Holdings (TSE:9413) is currently considered Fairly Valued. The stock's GF Value™ is 円3,850.40, compared to a current price of 円3,565.00 — trading 7.4% below its estimated fair value. The current Cash Conversion Cycle is 99.69 and 409.4% above the Media - Diversified industry median of 19.57. TV Tokyo Holdings' overall GF Score™ is 76/100. 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 TV Tokyo Holdings (TSE:9413), the current Cash Conversion Cycle is 99.69 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 TV Tokyo Holdings (TSE:9413) Overvalued in 2026?
Based on GuruFocus' analysis, TV Tokyo Holdings stock appears to be undervalued.
The current stock price of 円3,565.00 is trading 7.4% below its estimated GF Value™ of 円3,850.40.
GuruFocus considers TV Tokyo Holdings to be Fairly Valued.
Key valuation signals for TSE:9413:
Cash Conversion Cycle: 99.69
GF Value™: 円3,850.40 vs. price of 円3,565.00 (7.4% below fair value)
Industry Position: 409.4% above the Media - Diversified median
No single metric tells the full story. See the TSE:9413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TV Tokyo Holdings Corporation operates in the broadcasting space in Japan. It is primarily involved in the terrestrial broadcasting business apart from its operation through other segments such as Broadcasting - Peripheral and Satellite Broadcasting. The Terrestrial Broadcasting segment is engaged in the sale of programs to other broadcasters, the provision of broadcast program and film rights, as well as the organization of events. The Broadcasting- peripheral segment is involved in the planning and production of programs, the mail-order business and the Broadcasting Satellite (BS) segment provides TV programs by BS digital broadcasting.
76GF Score
Get the complete analysis for TSE:9413
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9413 has been successfully added to your 
