CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Cash Conversion Cycle: -52.07 (As of Mar. 2026)

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BKK:CPNREIT CPN Retail Growth Leasehold REIT BKK:CPNREIT
79 GF Score
Price ฿13.70
GF Value ฿11.49
Valuation Modestly Overvalued
! 10 Warning Signs
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What is CPN Retail Growth Leasehold REIT Cash Conversion Cycle?

CPN Retail Growth Leasehold REIT BKK:CPNREIT -0.72% 79 Cash Conversion Cycle is -52.07 as of Mar. 2026. GuruFocus rates BKK:CPNREIT with a GF Score™ of 79/100 and a GF Value™ of ฿11.49 (Modestly Overvalued). The stock has 10 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.

CPN Retail Growth Leasehold REIT's Days Sales Outstanding for the three months ended in Mar. 2026 was 5.8.
CPN Retail Growth Leasehold REIT's Days Inventory for the three months ended in Mar. 2026 was 0.
CPN Retail Growth Leasehold REIT's Days Payable for the three months ended in Mar. 2026 was 57.87.
Therefore, CPN Retail Growth Leasehold REIT's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -52.07.


CPN Retail Growth Leasehold REIT  (BKK:CPNREIT) 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.


CPN Retail Growth Leasehold REIT Cash Conversion Cycle Related Terms


CPN Retail Growth Leasehold REIT Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for CPN Retail Growth 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.

CPN Retail Growth Leasehold REIT Cash Conversion Cycle Chart

CPN Retail Growth Leasehold REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.78 -31.23 -50.29 -62.83 -55.88

CPN Retail Growth Leasehold REIT Quarterly Data
Jun21 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 -49.43 -52.87 -50.16 -47.62 -52.07

BKK:CPNREIT vs VICI, WPC, BNL: Cash Conversion Cycle Comparison

For the REIT - Diversified subindustry, CPN Retail Growth 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.


CPN Retail Growth Leasehold REIT Cash Conversion Cycle vs REITs Industry

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

* The bar in red indicates where CPN Retail Growth Leasehold REIT's Cash Conversion Cycle falls into.


BKK:CPNREIT
79GF Score
CPN Retail Growth Leasehold REIT BKK:CPNREIT
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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CPN Retail Growth 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.

CPN Retail Growth 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
=4.91+0-60.79
=-55.88

CPN Retail Growth Leasehold REIT'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
=5.8+0-57.87
=-52.07

* 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 -52.07 mean?
CPN Retail Growth Leasehold REIT (BKK:CPNREIT) has a Cash Conversion Cycle of -52.07 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on CPN Retail Growth Leasehold REIT and its competitors.
Is CPN Retail Growth Leasehold REIT's Cash Conversion Cycle too high?
CPN Retail Growth Leasehold REIT's current Cash Conversion Cycle is -52.07. Overall, CPN Retail Growth Leasehold REIT has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPN Retail Growth Leasehold REIT's Cash Conversion Cycle compare to VICI and WPC?
CPN Retail Growth Leasehold REIT's Cash Conversion Cycle of -52.07 can be compared against companies in the REITs industry. 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 REITs company?
A good Cash Conversion Cycle depends on the REITs industry context. 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 CPN Retail Growth Leasehold REIT and its competitors. CPN Retail Growth Leasehold REIT's current Cash Conversion Cycle is -52.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPN Retail Growth Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, CPN Retail Growth Leasehold REIT (BKK:CPNREIT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿11.49, compared to a current price of ฿13.70 — trading 19.2% above its estimated fair value. The current Cash Conversion Cycle is -52.07. CPN Retail Growth Leasehold REIT's overall GF Score™ is 79/100 with 10 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 CPN Retail Growth Leasehold REIT (BKK:CPNREIT), the current Cash Conversion Cycle is -52.07 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 CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Overvalued in 2026?

Based on GuruFocus' analysis, CPN Retail Growth Leasehold REIT stock appears to be overvalued. The current stock price of ฿13.70 is trading 19.2% above its estimated GF Value™ of ฿11.49. GuruFocus considers CPN Retail Growth Leasehold REIT to be Modestly Overvalued.

Key valuation signals for BKK:CPNREIT:

  • Cash Conversion Cycle: -52.07
  • GF Value™: ฿11.49 vs. price of ฿13.70 (19.2% above fair value)
  • GF Score™: 79/100 with 10 warning signs

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


CPN Retail Growth Leasehold REIT Business Description

Industry Real EstateREITs
Address No. 999/9 Rama 1 Road, 31st Floor, The Offices at CentralWorld, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
CPN Retail Growth Leasehold REIT is a closed-end real estate investment trust. Its main business is investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The company has invested in a few projects including shopping projects namely Central Rama 2, Central Rama 3, Central Pinklao and Central Chiangmai Airport, and 2 office buildings, Central Pinklao Tower A and Tower B, as well as invested in additional assets, namely Central Pattaya Shopping Center and Hilton Pattaya Hotel Its operational locality is Thailand. The Trust's reportable operating segment was only investments in leasehold properties and securities, which operated in only one geographical segment, i.e. Thailand by recognize revenue over the time.
79GF Score

Get the complete analysis for BKK:CPNREIT

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

฿13.70
Price
฿11.49
GF Value