Zaoh Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 80.4.
Zaoh Co's Days Inventory for the
three
months ended in Mar. 2026 was 122.31.
Zaoh Co's Days Payable for the
three
months ended in Mar. 2026 was 12.84.
Therefore, Zaoh Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 189.87.
Zaoh Co (TSE:9986) 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.
Zaoh Co Cash Conversion Cycle Related Terms
Zaoh Co Cash Conversion Cycle Historical Data
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The historical data trend for Zaoh 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:9986 vs GWW, FAST, FERG: Cash Conversion Cycle Comparison
For the Industrial Distribution subindustry, Zaoh 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.
Zaoh Co Cash Conversion Cycle vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Zaoh Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Zaoh 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.
Zaoh 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.
Zaoh Co (TSE:9986) has a Cash Conversion Cycle of 189.87 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Zaoh Co and its competitors.
Is Zaoh Co's Cash Conversion Cycle too high?
Zaoh Co's current Cash Conversion Cycle is 189.87. The Industrial Distribution industry median Cash Conversion Cycle is 99.15. Zaoh Co's value of 189.87 is 91.5% above this industry median. Overall, Zaoh Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zaoh Co's Cash Conversion Cycle compare to GWW and FAST?
Zaoh Co's Cash Conversion Cycle of 189.87 can be compared against companies in the Industrial Distribution industry. The industry median Cash Conversion Cycle is 99.15. Zaoh Co's value of 189.87 is 91.5% 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 an Industrial Distribution company?
The median Cash Conversion Cycle among Industrial Distribution companies is 99.15, based on 156 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. Zaoh Co's current Cash Conversion Cycle of 189.87 is 91.5% 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 Zaoh Co and its competitors. For the Industrial Distribution industry, the median Cash Conversion Cycle is 99.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zaoh Co's current Cash Conversion Cycle is 189.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zaoh Co stock overvalued right now?
Based on GuruFocus' analysis, Zaoh Co (TSE:9986) is currently considered Fairly Valued. The stock's GF Value™ is 円2,390.72, compared to a current price of 円2,460.00 — trading 2.9% above its estimated fair value. The current Cash Conversion Cycle is 189.87 and 91.5% above the Industrial Distribution industry median of 99.15. Zaoh Co's overall GF Score™ is 77/100 with 4 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 Zaoh Co (TSE:9986), the current Cash Conversion Cycle is 189.87 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 Zaoh Co (TSE:9986) Overvalued in 2026?
Based on GuruFocus' analysis, Zaoh Co stock appears to be overvalued.
The current stock price of 円2,460.00 is trading 2.9% above its estimated GF Value™ of 円2,390.72.
GuruFocus considers Zaoh Co to be Fairly Valued.
Key valuation signals for TSE:9986:
Cash Conversion Cycle: 189.87
GF Value™: 円2,390.72 vs. price of 円2,460.00 (2.9% above fair value)
Industry Position: 91.5% above the Industrial Distribution median
No single metric tells the full story. See the TSE:9986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zaoh Co Ltd is engaged in the business of dealing with industrial and professional cleaning equipment. Its main business activity is to import cleaning and washing equipment for commercial, industrial, and consumer use from various manufacturers, mainly in Europe, the United States, and China, and to sell them throughout Japan. The company's product portfolio comprises power sweepers, vacuum cleaners, carpet cleaners, ironized water generators, water purifiers, steam cleaners, etc.
77GF Score
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