Frasers Property (Thailand) PCL (BKK:FPT) Cash Conversion Cycle: 1,592.47 (As of Mar. 2026)


BKK:FPT Frasers Property (Thailand) PCL BKK:FPT
66 GF Score
Price ฿6.55
GF Value ฿11.37
Valuation Possible Value Trap
! 7 Warning Signs
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What is Frasers Property (Thailand) PCL Cash Conversion Cycle?

Frasers Property (Thailand) PCL BKK:FPT 66 Cash Conversion Cycle is 1,592.47 as of Mar. 2026. GuruFocus rates BKK:FPT with a GF Score™ of 66/100 and a GF Value™ of ฿11.37 (Possible Value Trap). The stock has 7 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.

Frasers Property (Thailand) PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 23.12.
Frasers Property (Thailand) PCL's Days Inventory for the three months ended in Mar. 2026 was 1733.22.
Frasers Property (Thailand) PCL's Days Payable for the three months ended in Mar. 2026 was 163.87.
Therefore, Frasers Property (Thailand) PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 1,592.47.


Frasers Property (Thailand) PCL  (BKK:FPT) 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.


Frasers Property (Thailand) PCL Cash Conversion Cycle Related Terms


Frasers Property (Thailand) PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Frasers Property (Thailand) 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.

Frasers Property (Thailand) PCL Cash Conversion Cycle Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,070.88 1,145.29 1,101.94 1,276.50 1,254.04

Frasers Property (Thailand) PCL 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 1,511.89 1,196.48 1,032.22 1,238.18 1,592.47

Frasers Property (Thailand) PCL Cash Conversion Cycle Competitor Comparison

For the Real Estate - Development subindustry, Frasers Property (Thailand) 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.


Frasers Property (Thailand) PCL Cash Conversion Cycle vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Frasers Property (Thailand) PCL's Cash Conversion Cycle falls into.


BKK:FPT
66GF Score
Frasers Property (Thailand) PCL BKK:FPT
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Frasers Property (Thailand) 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.

Frasers Property (Thailand) PCL's Cash Conversion Cycle for the fiscal year that ended in Sep. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=18.24+1370.18-134.38
=1,254.04

Frasers Property (Thailand) 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
=23.12+1733.22-163.87
=1,592.47

* 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 1,592.47 mean?
Frasers Property (Thailand) PCL (BKK:FPT) has a Cash Conversion Cycle of 1,592.47 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Frasers Property (Thailand) PCL and its competitors.
Is Frasers Property (Thailand) PCL's Cash Conversion Cycle too high?
Frasers Property (Thailand) PCL's current Cash Conversion Cycle is 1,592.47. The Real Estate industry median Cash Conversion Cycle is 321.71. Frasers Property (Thailand) PCL's value of 1,592.47 is 395% above this industry median. Overall, Frasers Property (Thailand) PCL has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frasers Property (Thailand) PCL's Cash Conversion Cycle compare to competitors?
Frasers Property (Thailand) PCL's Cash Conversion Cycle of 1,592.47 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 321.71. Frasers Property (Thailand) PCL's value of 1,592.47 is 395% 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 321.71, based on 1,731 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. Frasers Property (Thailand) PCL's current Cash Conversion Cycle of 1,592.47 is 395% 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 Frasers Property (Thailand) PCL and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 321.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Property (Thailand) PCL's current Cash Conversion Cycle is 1,592.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property (Thailand) PCL (BKK:FPT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿11.37, compared to a current price of ฿6.55 — trading 42.4% below its estimated fair value. The current Cash Conversion Cycle is 1,592.47 and 395% above the Real Estate industry median of 321.71. Frasers Property (Thailand) PCL's overall GF Score™ is 66/100 with 7 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 Frasers Property (Thailand) PCL (BKK:FPT), the current Cash Conversion Cycle is 1,592.47 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 Frasers Property (Thailand) PCL (BKK:FPT) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Property (Thailand) PCL stock appears to be undervalued. The current stock price of ฿6.55 is trading 42.4% below its estimated GF Value™ of ฿11.37. GuruFocus considers Frasers Property (Thailand) PCL to be Possible Value Trap.

Key valuation signals for BKK:FPT:

  • Cash Conversion Cycle: 1,592.47
  • GF Value™: ฿11.37 vs. price of ฿6.55 (42.4% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 395% above the Real Estate median

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


Frasers Property (Thailand) PCL Business Description

Address Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.
66GF Score

Get the complete analysis for BKK:FPT

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

฿6.55
Price
฿11.37
GF Value