Qualitas (ASX:QAL) Cash Conversion Cycle: 73.31 (As of Dec. 2025)


ASX:QAL Qualitas Ltd ASX:QAL
63 GF Score
Price A$3.01
GF Value A$3.18
Valuation Fairly Valued
! 2 Warning Signs
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What is Qualitas Cash Conversion Cycle?

Qualitas ASX:QAL -2.27% 63 Cash Conversion Cycle is 73.31 as of Dec. 2025. GuruFocus rates ASX:QAL with a GF Score™ of 63/100 and a GF Value™ of A$3.18 (Fairly Valued). The stock has 2 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.

Qualitas's Days Sales Outstanding for the six months ended in Dec. 2025 was 73.31.
Qualitas's Days Inventory for the six months ended in Dec. 2025 was .
Qualitas's Days Payable for the six months ended in Dec. 2025 was .
Therefore, Qualitas's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 73.31.


Qualitas  (ASX:QAL) 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.


Qualitas Cash Conversion Cycle Related Terms


Qualitas Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Qualitas'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.

Qualitas Cash Conversion Cycle Chart

Qualitas Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
0.00 73.18 20.31 38.28 55.26

Qualitas Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 50.34 72.26 84.57 70.69 73.31

ASX:QAL vs BLK, BX, KKR: Cash Conversion Cycle Comparison

For the Asset Management subindustry, Qualitas'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.


Qualitas Cash Conversion Cycle vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Qualitas's Cash Conversion Cycle distribution charts can be found below:

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


ASX:QAL
63GF Score
Qualitas Ltd ASX:QAL
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualitas 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.

Qualitas's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=55.26+-
=55.26

Qualitas's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=73.31+-
=73.31

* 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 73.31 mean?
Qualitas (ASX:QAL) has a Cash Conversion Cycle of 73.31 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Qualitas and its competitors.
Is Qualitas' Cash Conversion Cycle too high?
Qualitas' current Cash Conversion Cycle is 73.31. The Asset Management industry median Cash Conversion Cycle is 4.78. Qualitas' value of 73.31 is 1433.7% above this industry median. Overall, Qualitas has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' Cash Conversion Cycle compare to BLK and BX?
Qualitas' Cash Conversion Cycle of 73.31 can be compared against companies in the Asset Management industry. The industry median Cash Conversion Cycle is 4.78. Qualitas' value of 73.31 is 1433.7% 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 Asset Management company?
The median Cash Conversion Cycle among Asset Management companies is 4.78, based on 603 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. Qualitas's current Cash Conversion Cycle of 73.31 is 1433.7% 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 Qualitas and its competitors. For the Asset Management industry, the median Cash Conversion Cycle is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitas's current Cash Conversion Cycle is 73.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas stock overvalued right now?
Based on GuruFocus' analysis, Qualitas (ASX:QAL) is currently considered Fairly Valued. The stock's GF Value™ is A$3.18, compared to a current price of A$3.01 — trading 5.3% below its estimated fair value. The current Cash Conversion Cycle is 73.31 and 1433.7% above the Asset Management industry median of 4.78. Qualitas' overall GF Score™ is 63/100 with 2 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 Qualitas (ASX:QAL), the current Cash Conversion Cycle is 73.31 as of Dec. 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 Qualitas (ASX:QAL) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitas stock appears to be undervalued. The current stock price of A$3.01 is trading 5.3% below its estimated GF Value™ of A$3.18. GuruFocus considers Qualitas to be Fairly Valued.

Key valuation signals for ASX:QAL:

  • Cash Conversion Cycle: 73.31
  • GF Value™: A$3.18 vs. price of A$3.01 (5.3% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 1433.7% above the Asset Management median

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


Qualitas Business Description

Address 120 Collins Street, Level 38, Melbourne, VIC, AUS, 3000
Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.
63GF Score

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

A$3.01
Price
A$3.18
GF Value