FGL (Founder Group) Cash Conversion Cycle: -2.08 (As of Dec. 2025)


FGL Founder Group Ltd FGL
17 GF Score
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What is Founder Group Cash Conversion Cycle?

Founder Group FGL -4.20% 17 Cash Conversion Cycle is -2.08 as of Dec. 2025. GuruFocus rates FGL with a GF Score™ of 17/100. The stock has 6 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.

Founder Group's Days Sales Outstanding for the six months ended in Dec. 2025 was 59.89.
Founder Group's Days Inventory for the six months ended in Dec. 2025 was 6.05.
Founder Group's Days Payable for the six months ended in Dec. 2025 was 68.02.
Therefore, Founder Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was -2.08.


Founder Group  (NAS:FGL) 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.


Founder Group Cash Conversion Cycle Related Terms


Founder Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Founder Group'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.

Founder Group Cash Conversion Cycle Chart

Founder Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
-69.66 -60.48 -55.69 -68.82 -9.75

Founder Group Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Conversion Cycle Get a 7-Day Free Trial -66.38 -111.69 -28.05 -21.64 -2.08

FGL vs MMEX, MDLK, GRHI: Cash Conversion Cycle Comparison

For the Engineering & Construction subindustry, Founder Group'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.


Founder Group Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Founder Group's Cash Conversion Cycle distribution charts can be found below:

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


FGL
17GF Score
Founder Group Ltd FGL
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Founder Group 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.

Founder Group'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
=55.56+8.98-74.29
=-9.75

Founder Group's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=59.89+6.05-68.02
=-2.08

* 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 -2.08 mean?
Founder Group (FGL) has a Cash Conversion Cycle of -2.08 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Founder Group and its competitors.
Is Founder Group's Cash Conversion Cycle too high?
Founder Group's current Cash Conversion Cycle is -2.08. Overall, Founder Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Founder Group's Cash Conversion Cycle compare to MMEX and MDLK?
Founder Group's Cash Conversion Cycle of -2.08 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.89. 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.89, based on 1,768 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. 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 Founder Group and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Founder Group's current Cash Conversion Cycle is -2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Founder Group stock overvalued right now?
Founder Group (FGL) has a current Cash Conversion Cycle of -2.08. The current Cash Conversion Cycle is -2.08. Founder Group's overall GF Score™ is 17/100 with 6 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 Founder Group (FGL), the current Cash Conversion Cycle is -2.08 as of Dec. 2025. 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.

Founder Group Business Description

Address No. 17, Jalan Astana 1D, Bandar Bukit Raja, Klang, SGR, MYS, 41050
Founder Group Ltd is a solar solutions provider in Malaysia, offering end-to-end services for commercial and industrial sectors, as well as large-scale solar power projects, encompassing project design, engineering, and comprehensive project management. Its focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. Large-scale solar projects are utility scale solar PV power plants with installed generating capacity of 1 MWac or more. C&I projects are smaller scale solar projects where the solar PV systems are installed on rooftops and are designed to generate electricity for commercial and industrial properties for their own consumption, such as factories, warehouses, and commercial stores. Its revenue is derived from Malaysia.
17GF Score

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

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