San Holdings (TSE:9628) Cash Conversion Cycle: 1.78 (As of Sep. 2025)

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TSE:9628 San Holdings Inc TSE:9628
79 GF Score
Price 円1,436.00
GF Value 円2,106.96
Valuation Significantly Undervalued
! 5 Warning Signs
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What is San Holdings Cash Conversion Cycle?

San Holdings TSE:9628 -0.28% 79 Cash Conversion Cycle is 1.78 as of Sep. 2025. GuruFocus rates TSE:9628 with a GF Score™ of 79/100 and a GF Value™ of 円2,106.96 (Significantly Undervalued). The stock has 5 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.

San Holdings's Days Sales Outstanding for the six months ended in Sep. 2025 was 15.9.
San Holdings's Days Inventory for the six months ended in Sep. 2025 was 2.85.
San Holdings's Days Payable for the six months ended in Sep. 2025 was 16.97.
Therefore, San Holdings's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2025 was 1.78.


San Holdings  (TSE:9628) 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.


San Holdings Cash Conversion Cycle Related Terms


San Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for San 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.

San Holdings Cash Conversion Cycle Chart

San Holdings 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 -2.75 -3.13 0.32 1.57 5.99

San Holdings 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 2.36 2.60 0.39 1.78 5.72

TSE:9628 vs ROL, SCI, FTDR: Cash Conversion Cycle Comparison

For the Personal Services subindustry, San 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.


San Holdings Cash Conversion Cycle vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, San Holdings's Cash Conversion Cycle distribution charts can be found below:

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


TSE:9628
79GF Score
San Holdings Inc TSE:9628
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San 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.

San Holdings'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
=17.52+2.97-18.92
=1.57

San Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=15.9+2.85-16.97
=1.78

* 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 1.78 mean?
San Holdings (TSE:9628) has a Cash Conversion Cycle of 1.78 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on San Holdings and its competitors.
Is San Holdings' Cash Conversion Cycle too high?
San Holdings' current Cash Conversion Cycle is 1.78. The Personal Services industry median Cash Conversion Cycle is 18.86. San Holdings' value of 1.78 is 90.6% below this industry median. Overall, San Holdings has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Holdings' Cash Conversion Cycle compare to ROL and SCI?
San Holdings' Cash Conversion Cycle of 1.78 can be compared against companies in the Personal Services industry. The industry median Cash Conversion Cycle is 18.86. San Holdings' value of 1.78 is 90.6% 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 Personal Services company?
The median Cash Conversion Cycle among Personal Services companies is 18.86, based on 94 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. San Holdings's current Cash Conversion Cycle of 1.78 is 90.6% 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 San Holdings and its competitors. For the Personal Services industry, the median Cash Conversion Cycle is 18.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Holdings's current Cash Conversion Cycle is 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Holdings stock overvalued right now?
Based on GuruFocus' analysis, San Holdings (TSE:9628) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,106.96, compared to a current price of 円1,436.00 — trading 31.8% below its estimated fair value. The current Cash Conversion Cycle is 1.78 and 90.6% below the Personal Services industry median of 18.86. San Holdings' overall GF Score™ is 79/100 with 5 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 San Holdings (TSE:9628), the current Cash Conversion Cycle is 1.78 as of Sep. 2025. 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 San Holdings (TSE:9628) Overvalued in 2026?

Based on GuruFocus' analysis, San Holdings stock appears to be undervalued. The current stock price of 円1,436.00 is trading 31.8% below its estimated GF Value™ of 円2,106.96. GuruFocus considers San Holdings to be Significantly Undervalued.

Key valuation signals for TSE:9628:

  • Cash Conversion Cycle: 1.78
  • GF Value™: 円2,106.96 vs. price of 円1,436.00 (31.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 90.6% below the Personal Services median

No single metric tells the full story. See the TSE:9628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


San Holdings Business Description

Address 1-1-1 Minami Aoyama, Shin-Aoyama Building, West Wing 14th floor, Minato-ku, Tokyo, JPN
San Holdings Inc is a Japan-based holding company along with its subsidiaries the firm is engaged in funerary business. It arranges funerals and provides funerary services according to individual customers.
79GF Score

Get the complete analysis for TSE:9628

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

円1,436.00
Price
円2,106.96
GF Value