Belc Co (TSE:9974) Cash Conversion Cycle: -10.73 (As of Feb. 2026)


TSE:9974 Belc Co Ltd TSE:9974
94 GF Score
Price 円6,600.00
GF Value 円8,006.57
Valuation Modestly Undervalued
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What is Belc Co Cash Conversion Cycle?

Belc Co TSE:9974 +0.92% 94 Cash Conversion Cycle is -10.73 as of Feb. 2026. GuruFocus rates TSE:9974 with a GF Score™ of 94/100 and a GF Value™ of 円8,006.57 (Modestly Undervalued).

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

Belc Co's Days Sales Outstanding for the three months ended in Feb. 2026 was 5.44.
Belc Co's Days Inventory for the three months ended in Feb. 2026 was 15.02.
Belc Co's Days Payable for the three months ended in Feb. 2026 was 31.19.
Therefore, Belc Co's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2026 was -10.73.


Belc Co  (TSE:9974) 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.


Belc Co Cash Conversion Cycle Related Terms


Belc Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Belc 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.

Belc Co Cash Conversion Cycle Chart

Belc Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.02 -13.61 -13.57 -13.13 -10.97

Belc Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -12.14 -12.62 -13.42 -12.52 -10.73

TSE:9974 vs KR: Cash Conversion Cycle Comparison

For the Grocery Stores subindustry, Belc 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.


Belc Co Cash Conversion Cycle vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's Cash Conversion Cycle distribution charts can be found below:

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


TSE:9974
94GF Score
Belc Co Ltd TSE:9974
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Belc 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.

Belc Co's Cash Conversion Cycle for the fiscal year that ended in Feb. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=4.75+14.54-30.26
=-10.97

Belc Co's Cash Conversion Cycle for the quarter that ended in Feb. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=5.44+15.02-31.19
=-10.73

* 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 -10.73 mean?
Belc Co (TSE:9974) has a Cash Conversion Cycle of -10.73 as of Feb. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Belc Co and its competitors.
Is Belc Co's Cash Conversion Cycle too high?
Belc Co's current Cash Conversion Cycle is -10.73. Overall, Belc Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belc Co's Cash Conversion Cycle compare to KR?
Belc Co's Cash Conversion Cycle of -10.73 can be compared against companies in the Retail - Defensive industry. The industry median Cash Conversion Cycle is 19.65. 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 - Defensive company?
The median Cash Conversion Cycle among Retail - Defensive companies is 19.65, based on 309 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. 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 Belc Co and its competitors. For the Retail - Defensive industry, the median Cash Conversion Cycle is 19.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belc Co's current Cash Conversion Cycle is -10.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belc Co stock overvalued right now?
Based on GuruFocus' analysis, Belc Co (TSE:9974) is currently considered Modestly Undervalued. The stock's GF Value™ is 円8,006.57, compared to a current price of 円6,600.00 — trading 17.6% below its estimated fair value. The current Cash Conversion Cycle is -10.73. Belc Co's overall GF Score™ is 94/100. 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 Belc Co (TSE:9974), the current Cash Conversion Cycle is -10.73 as of Feb. 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 Belc Co (TSE:9974) Overvalued in 2026?

Based on GuruFocus' analysis, Belc Co stock appears to be undervalued. The current stock price of 円6,600.00 is trading 17.6% below its estimated GF Value™ of 円8,006.57. GuruFocus considers Belc Co to be Modestly Undervalued.

Key valuation signals for TSE:9974:

  • Cash Conversion Cycle: -10.73
  • GF Value™: 円8,006.57 vs. price of 円6,600.00 (17.6% below fair value)
  • GF Score™: 94/100

No single metric tells the full story. See the TSE:9974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Belc Co Business Description

Address 1646 Ashiori, Saitama Prefecture, Tsurugashima, JPN, 350-2282
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on Saitama Prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities, and processed food. Belc Co. Ltd also provides services to its stores, including chain management and cleaning.
94GF Score

Get the complete analysis for TSE:9974

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

円6,600.00
Price
円8,006.57
GF Value