Bless Asset Group PCL (BKK:BLESS) Cash Conversion Cycle: 1,633.04 (As of Mar. 2026)


BKK:BLESS Bless Asset Group PCL BKK:BLESS
45 GF Score
Price ฿0.24
GF Value ฿0.38
Valuation Possible Value Trap
! 5 Warning Signs
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What is Bless Asset Group PCL Cash Conversion Cycle?

Bless Asset Group PCL BKK:BLESS 45 Cash Conversion Cycle is 1,633.04 as of Mar. 2026. GuruFocus rates BKK:BLESS with a GF Score™ of 45/100 and a GF Value™ of ฿0.38 (Possible Value Trap). The stock has 5 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.

Bless Asset Group PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 3.03.
Bless Asset Group PCL's Days Inventory for the three months ended in Mar. 2026 was 1708.17.
Bless Asset Group PCL's Days Payable for the three months ended in Mar. 2026 was 78.16.
Therefore, Bless Asset Group PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 1,633.04.


Bless Asset Group PCL  (BKK:BLESS) 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.


Bless Asset Group PCL Cash Conversion Cycle Related Terms


Bless Asset Group PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Bless Asset Group PCL'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.

Bless Asset Group PCL Cash Conversion Cycle Chart

Bless Asset Group PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 1,031.00 1,159.49 2,010.36 2,234.09 2,607.70

Bless Asset Group PCL Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,911.55 2,739.84 2,031.09 2,501.97 1,633.04

Bless Asset Group PCL Cash Conversion Cycle Competitor Comparison

For the Real Estate - Development subindustry, Bless Asset Group PCL'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.


Bless Asset Group PCL Cash Conversion Cycle vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Bless Asset Group PCL's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bless Asset Group PCL's Cash Conversion Cycle falls into.


BKK:BLESS
45GF Score
Bless Asset Group PCL BKK:BLESS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Bless Asset Group PCL 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.

Bless Asset Group PCL'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
=4.32+2684.11-80.73
=2,607.70

Bless Asset Group PCL's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=3.03+1708.17-78.16
=1,633.04

* 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 1,633.04 mean?
Bless Asset Group PCL (BKK:BLESS) has a Cash Conversion Cycle of 1,633.04 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bless Asset Group PCL and its competitors.
Is Bless Asset Group PCL's Cash Conversion Cycle too high?
Bless Asset Group PCL's current Cash Conversion Cycle is 1,633.04. The Real Estate industry median Cash Conversion Cycle is 320.77. Bless Asset Group PCL's value of 1,633.04 is 409.1% above this industry median. Overall, Bless Asset Group PCL has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bless Asset Group PCL's Cash Conversion Cycle compare to competitors?
Bless Asset Group PCL's Cash Conversion Cycle of 1,633.04 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.77. Bless Asset Group PCL's value of 1,633.04 is 409.1% 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 320.77, based on 1,735 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. Bless Asset Group PCL's current Cash Conversion Cycle of 1,633.04 is 409.1% 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 Bless Asset Group PCL and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bless Asset Group PCL's current Cash Conversion Cycle is 1,633.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bless Asset Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Bless Asset Group PCL (BKK:BLESS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.38, compared to a current price of ฿0.24 — trading 36.8% below its estimated fair value. The current Cash Conversion Cycle is 1,633.04 and 409.1% above the Real Estate industry median of 320.77. Bless Asset Group PCL's overall GF Score™ is 45/100 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 Bless Asset Group PCL (BKK:BLESS), the current Cash Conversion Cycle is 1,633.04 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 Bless Asset Group PCL (BKK:BLESS) Overvalued in 2026?

Based on GuruFocus' analysis, Bless Asset Group PCL stock appears to be undervalued. The current stock price of ฿0.24 is trading 36.8% below its estimated GF Value™ of ฿0.38. GuruFocus considers Bless Asset Group PCL to be Possible Value Trap.

Key valuation signals for BKK:BLESS:

  • Cash Conversion Cycle: 1,633.04
  • GF Value™: ฿0.38 vs. price of ฿0.24 (36.8% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 409.1% above the Real Estate median

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


Bless Asset Group PCL Business Description

Address 609/154 Nawamin Road, Nuanchan Subdistrict, Bueng Kum District, Bangkok, THA, 10230
Bless Asset Group PCL is engaged in the property development business. The company develops and sells various types of residential real estate, comprising detached houses, semi-detached houses, townhomes, and low-rise condominiums. Geographically, its operations are carried out only in Thailand.
45GF Score

Get the complete analysis for BKK:BLESS

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

฿0.24
Price
฿0.38
GF Value