Lighting & Equipment PCL (BKK:L&E) Cash Conversion Cycle: 368.99 (As of Mar. 2026)


BKK:L&E Lighting & Equipment PCL BKK:L&E
64 GF Score
Price ฿1.19
GF Value ฿1.13
Valuation Fairly Valued
! 9 Warning Signs
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What is Lighting & Equipment PCL Cash Conversion Cycle?

Lighting & Equipment PCL BKK:L&E 64 Cash Conversion Cycle is 368.99 as of Mar. 2026. GuruFocus rates BKK:L&E with a GF Score™ of 64/100 and a GF Value™ of ฿1.13 (Fairly Valued). The stock has 9 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.

Lighting & Equipment PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 139.65.
Lighting & Equipment PCL's Days Inventory for the three months ended in Mar. 2026 was 286.66.
Lighting & Equipment PCL's Days Payable for the three months ended in Mar. 2026 was 57.32.
Therefore, Lighting & Equipment PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 368.99.


Lighting & Equipment PCL  (BKK:L&E) 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.


Lighting & Equipment PCL Cash Conversion Cycle Related Terms


Lighting & Equipment PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Lighting & Equipment 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.

Lighting & Equipment PCL Cash Conversion Cycle Chart

Lighting & Equipment PCL 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 214.10 206.18 264.16 272.51 275.55

Lighting & Equipment 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 339.74 315.22 262.31 226.16 368.99

BKK:L&E vs VRT, BE: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, Lighting & Equipment 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.


Lighting & Equipment PCL Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting & Equipment PCL's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Lighting & Equipment PCL's Cash Conversion Cycle falls into.


BKK:L&E
64GF Score
Lighting & Equipment PCL BKK:L&E
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Lighting & Equipment 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.

Lighting & Equipment 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
=122.95+203.45-50.85
=275.55

Lighting & Equipment 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
=139.65+286.66-57.32
=368.99

* 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 368.99 mean?
Lighting & Equipment PCL (BKK:L&E) has a Cash Conversion Cycle of 368.99 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Lighting & Equipment PCL and its competitors.
Is Lighting & Equipment PCL's Cash Conversion Cycle too high?
Lighting & Equipment PCL's current Cash Conversion Cycle is 368.99. The Industrial Products industry median Cash Conversion Cycle is 122.24. Lighting & Equipment PCL's value of 368.99 is 201.9% above this industry median. Overall, Lighting & Equipment PCL has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lighting & Equipment PCL's Cash Conversion Cycle compare to VRT and BE?
Lighting & Equipment PCL's Cash Conversion Cycle of 368.99 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.24. Lighting & Equipment PCL's value of 368.99 is 201.9% 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 Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.24, based on 3,027 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. Lighting & Equipment PCL's current Cash Conversion Cycle of 368.99 is 201.9% 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 Lighting & Equipment PCL and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lighting & Equipment PCL's current Cash Conversion Cycle is 368.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighting & Equipment PCL stock overvalued right now?
Based on GuruFocus' analysis, Lighting & Equipment PCL (BKK:L&E) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.13, compared to a current price of ฿1.19 — trading 5.3% above its estimated fair value. The current Cash Conversion Cycle is 368.99 and 201.9% above the Industrial Products industry median of 122.24. Lighting & Equipment PCL's overall GF Score™ is 64/100 with 9 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 Lighting & Equipment PCL (BKK:L&E), the current Cash Conversion Cycle is 368.99 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 Lighting & Equipment PCL (BKK:L&E) Overvalued in 2026?

Based on GuruFocus' analysis, Lighting & Equipment PCL stock appears to be overvalued. The current stock price of ฿1.19 is trading 5.3% above its estimated GF Value™ of ฿1.13. GuruFocus considers Lighting & Equipment PCL to be Fairly Valued.

Key valuation signals for BKK:L&E:

  • Cash Conversion Cycle: 368.99
  • GF Value™: ฿1.13 vs. price of ฿1.19 (5.3% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 201.9% above the Industrial Products median

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


Lighting & Equipment PCL Business Description

Address Sri-Ayudhya Road, 539/2, 16-17 Floor, Gypsum Metropolitan Tower, Rajthevee, Bangkok, THA, 10400
Lighting & Equipment PCL is engaged in trading lighting fixtures, lamps, electrical equipment, and installation service and design of electric and lighting systems. Its other products include cable turning systems, light-emitting diodes (LEDs), light boxes, lighting control equipment, lighting poles, luminaries, optical fiber lighting, and others. These products are sold through two main channels, project and retail. The company operates in a single line of business, namely the lighting business in Thailand.
64GF Score

Get the complete analysis for BKK:L&E

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

฿1.19
Price
฿1.13
GF Value