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Watt Mann Co's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 11.92.
Watt Mann Co's Days Inventory for the
six
months ended in Mar. 2026 was 100.82.
Watt Mann Co's Days Payable for the
six
months ended in Mar. 2026 was 25.52.
Therefore, Watt Mann Co's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 87.22.
Watt Mann Co (TSE:9927) 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.
Watt Mann Co Cash Conversion Cycle Related Terms
Watt Mann Co Cash Conversion Cycle Historical Data
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The historical data trend for Watt Mann 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.
TSE:9927 vs CASY, WSM, DKS: Cash Conversion Cycle Comparison
For the Specialty Retail subindustry, Watt Mann 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.
Watt Mann Co Cash Conversion Cycle vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Watt Mann Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Watt Mann Co's Cash Conversion Cycle falls into.
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.
Watt Mann Co'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.
Watt Mann Co (TSE:9927) has a Cash Conversion Cycle of 87.22 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Watt Mann Co and its competitors.
Is Watt Mann Co's Cash Conversion Cycle too high?
Watt Mann Co's current Cash Conversion Cycle is 87.22. The Retail - Cyclical industry median Cash Conversion Cycle is 69.79. Watt Mann Co's value of 87.22 is 25% above this industry median. Overall, Watt Mann Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Watt Mann Co's Cash Conversion Cycle compare to CASY and WSM?
Watt Mann Co's Cash Conversion Cycle of 87.22 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 69.79. Watt Mann Co's value of 87.22 is 25% 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 Retail - Cyclical company?
The median Cash Conversion Cycle among Retail - Cyclical companies is 69.79, based on 1,124 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. Watt Mann Co's current Cash Conversion Cycle of 87.22 is 25% 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 Watt Mann Co and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 69.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watt Mann Co's current Cash Conversion Cycle is 87.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watt Mann Co stock overvalued right now?
Based on GuruFocus' analysis, Watt Mann Co (TSE:9927) is currently considered Modestly Overvalued. The stock's GF Value™ is 円867.15, compared to a current price of 円963.00 — trading 11.1% above its estimated fair value. The current Cash Conversion Cycle is 87.22 and 25% above the Retail - Cyclical industry median of 69.79. Watt Mann Co's overall GF Score™ is 67/100 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 Watt Mann Co (TSE:9927), the current Cash Conversion Cycle is 87.22 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 Watt Mann Co (TSE:9927) Overvalued in 2026?
Based on GuruFocus' analysis, Watt Mann Co stock appears to be overvalued.
The current stock price of 円963.00 is trading 11.1% above its estimated GF Value™ of 円867.15.
GuruFocus considers Watt Mann Co to be Modestly Overvalued.
Key valuation signals for TSE:9927:
Cash Conversion Cycle: 87.22
GF Value™: 円867.15 vs. price of 円963.00 (11.1% above fair value)
Industry Position: 25% above the Retail - Cyclical median
No single metric tells the full story. See the TSE:9927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watt Mann Co Ltd is a Japanese company engaged in operating a chain of retail stores offering second-hand products. It is engaged in the sale and purchase of brand products and accessories, furniture, interior products, clothing, sports products CDs, DVDs, videos and game software, among others. The company deals in three product categories, including clothing, consumer electronics and books.
67GF Score
Get the complete analysis for TSE:9927
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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