Forval RealStraight (TSE:9423) Cash Conversion Cycle: 0.02 (As of Mar. 2026)

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TSE:9423 Forval RealStraight Inc TSE:9423
71 GF Score
Price 円104.00
GF Value 円156.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Forval RealStraight Cash Conversion Cycle?

Forval RealStraight TSE:9423 71 Cash Conversion Cycle is 0.02 as of Mar. 2026. GuruFocus rates TSE:9423 with a GF Score™ of 71/100 and a GF Value™ of 円156.23 (Significantly 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.

Forval RealStraight's Days Sales Outstanding for the six months ended in Mar. 2026 was 52.14.
Forval RealStraight's Days Inventory for the six months ended in Mar. 2026 was 2.94.
Forval RealStraight's Days Payable for the six months ended in Mar. 2026 was 55.06.
Therefore, Forval RealStraight's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 0.02.


Forval RealStraight  (TSE:9423) 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.


Forval RealStraight Cash Conversion Cycle Related Terms


Forval RealStraight Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Forval RealStraight'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.

Forval RealStraight Cash Conversion Cycle Chart

Forval RealStraight 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 -10.50 -8.50 -13.99 -14.29 -4.58

Forval RealStraight Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -11.17 -7.59 -11.73 -4.13 0.02

TSE:9423 vs CBRE, BEKE, JLL: Cash Conversion Cycle Comparison

For the Real Estate Services subindustry, Forval RealStraight'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.


Forval RealStraight Cash Conversion Cycle vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forval RealStraight's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Forval RealStraight's Cash Conversion Cycle falls into.


TSE:9423
71GF Score
Forval RealStraight Inc TSE:9423
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval RealStraight 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.

Forval RealStraight'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
=44.2+3.03-51.81
=-4.58

Forval RealStraight'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
=52.14+2.94-55.06
=0.02

* 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 0.02 mean?
Forval RealStraight (TSE:9423) has a Cash Conversion Cycle of 0.02 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Forval RealStraight and its competitors.
Is Forval RealStraight's Cash Conversion Cycle too high?
Forval RealStraight's current Cash Conversion Cycle is 0.02. The Real Estate industry median Cash Conversion Cycle is 320.77. Forval RealStraight's value of 0.02 is 100% below this industry median. Overall, Forval RealStraight has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's Cash Conversion Cycle compare to CBRE and BEKE?
Forval RealStraight's Cash Conversion Cycle of 0.02 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.77. Forval RealStraight's value of 0.02 is 100% 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 320.77, based on 1,733 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. Forval RealStraight's current Cash Conversion Cycle of 0.02 is 100% 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 Forval RealStraight and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current Cash Conversion Cycle is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円156.23, compared to a current price of 円104.00 — trading 33.4% below its estimated fair value. The current Cash Conversion Cycle is 0.02 and 100% below the Real Estate industry median of 320.77. Forval RealStraight's overall GF Score™ is 71/100 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 Forval RealStraight (TSE:9423), the current Cash Conversion Cycle is 0.02 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 Forval RealStraight (TSE:9423) Overvalued in 2026?

Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued. The current stock price of 円104.00 is trading 33.4% below its estimated GF Value™ of 円156.23. GuruFocus considers Forval RealStraight to be Significantly Undervalued.

Key valuation signals for TSE:9423:

  • Cash Conversion Cycle: 0.02
  • GF Value™: 円156.23 vs. price of 円104.00 (33.4% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 100% below the Real Estate median

No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval RealStraight Business Description

Address 3-23-2 Kanda Jinbocho, Kinmei Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
71GF Score

Get the complete analysis for TSE:9423

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

円104.00
Price
円156.23
GF Value