Bualuang Office Leasehold REIT (BKK:B-WORK) Cash Conversion Cycle: (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:B-WORK Bualuang Office Leasehold REIT BKK:B-WORK
65 GF Score
Price ฿6.20
GF Value ฿3.86
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Bualuang Office Leasehold REIT Cash Conversion Cycle?

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

Bualuang Office Leasehold REIT's Days Sales Outstanding for the three months ended in Jun. 2026 was .
Bualuang Office Leasehold REIT's Days Inventory for the three months ended in Jun. 2026 was .
Bualuang Office Leasehold REIT's Days Payable for the three months ended in Jun. 2026 was .
Therefore, Bualuang Office Leasehold REIT's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 0.00.


Bualuang Office Leasehold REIT  (BKK:B-WORK) 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.


Bualuang Office Leasehold REIT Cash Conversion Cycle Related Terms


Bualuang Office Leasehold REIT Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Bualuang Office Leasehold REIT'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.

Bualuang Office Leasehold REIT Cash Conversion Cycle Chart

Bualuang Office Leasehold REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial - - - - -

Bualuang Office Leasehold REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

BKK:B-WORK vs BXP, ARE, VNO: Cash Conversion Cycle Comparison

For the REIT - Office subindustry, Bualuang Office Leasehold REIT'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.


Bualuang Office Leasehold REIT Cash Conversion Cycle vs REITs Industry

For the REITs industry and Real Estate sector, Bualuang Office Leasehold REIT's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bualuang Office Leasehold REIT's Cash Conversion Cycle falls into.


BKK:B-WORK
65GF Score
Bualuang Office Leasehold REIT BKK:B-WORK
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bualuang Office Leasehold REIT 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.

Bualuang Office Leasehold REIT's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=+-
=0.00

Bualuang Office Leasehold REIT's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=0.00

* 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.

Is Bualuang Office Leasehold REIT (BKK:B-WORK) Overvalued in 2026?

Based on GuruFocus' analysis, Bualuang Office Leasehold REIT stock appears to be overvalued. The current stock price of ฿6.20 is trading 60.6% above its estimated GF Value™ of ฿3.86. GuruFocus considers Bualuang Office Leasehold REIT to be Significantly Overvalued.

Key valuation signals for BKK:B-WORK:

  • Cash Conversion Cycle:
  • GF Value™: ฿3.86 vs. price of ฿6.20 (60.6% above fair value)
  • GF Score™: 65/100 with 9 warning signs

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


Bualuang Office Leasehold REIT Business Description

Industry Real EstateREITs
Address South Sathorn Road, 175 Sathorn City Tower, 7th, 21st and 26th Floor, Thungmahamek, Sathorn, Bangkok, THA, 10120
Bualuang Office Leasehold REIT is an investment company. The Trust's objectives are to raise funds from investors and use funds to invest in the leasehold properties by lease and/ or sublease under 2 projects as follows: 1. True Tower 1 Project and 2. True Tower 2 Project. The Trust's main operations are derived from rental and service income from investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The Trust has only one geographical segment that operates only in Thailand.
65GF Score

Get the complete analysis for BKK:B-WORK

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

฿6.20
Price
฿3.86
GF Value