Top Glove Bhd (FRA:5OU) Cash Conversion Cycle: 48.88 (As of May. 2026)


FRA:5OU Top Glove Corp Bhd FRA:5OU
43 GF Score
Price €0.52
GF Value €0.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Top Glove Bhd Cash Conversion Cycle?

Top Glove Bhd FRA:5OU 43 Cash Conversion Cycle is 48.88 as of May. 2026. GuruFocus rates FRA:5OU with a GF Score™ of 43/100 and a GF Value™ of €0.89 (Significantly Undervalued). The stock has 3 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.

Top Glove Bhd's Days Sales Outstanding for the three months ended in May. 2026 was 48.88.
Top Glove Bhd's Days Inventory for the three months ended in May. 2026 was .
Top Glove Bhd's Days Payable for the three months ended in May. 2026 was .
Therefore, Top Glove Bhd's Cash Conversion Cycle (CCC) for the three months ended in May. 2026 was 48.88.


Top Glove Bhd  (FRA:5OU) 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.


Top Glove Bhd Cash Conversion Cycle Related Terms


Top Glove Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Top Glove Bhd'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.

Top Glove Bhd Cash Conversion Cycle Chart

Top Glove Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.50 72.35 89.57 68.94 60.39

Top Glove Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 51.63 47.28 42.90 42.77 48.88

FRA:5OU vs ISRG, BDX, MDLN: Cash Conversion Cycle Comparison

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.


Top Glove Bhd Cash Conversion Cycle vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Cash Conversion Cycle falls into.


FRA:5OU
43GF Score
Top Glove Corp Bhd FRA:5OU
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Glove Bhd 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.

Top Glove Bhd's Cash Conversion Cycle for the fiscal year that ended in Aug. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=40.14+44.18-23.93
=60.39

Top Glove Bhd's Cash Conversion Cycle for the quarter that ended in May. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=48.88+-
=48.88

* 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 48.88 mean?
Top Glove Bhd (FRA:5OU) has a Cash Conversion Cycle of 48.88 as of May. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Top Glove Bhd and its competitors.
Is Top Glove Bhd's Cash Conversion Cycle too high?
Top Glove Bhd's current Cash Conversion Cycle is 48.88. The Medical Devices & Instruments industry median Cash Conversion Cycle is 156.39. Top Glove Bhd's value of 48.88 is 68.7% below this industry median. Overall, Top Glove Bhd has a GF Score™ of 43/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Glove Bhd's Cash Conversion Cycle compare to ISRG and BDX?
Top Glove Bhd's Cash Conversion Cycle of 48.88 can be compared against companies in the Medical Devices & Instruments industry. The industry median Cash Conversion Cycle is 156.39. Top Glove Bhd's value of 48.88 is 68.7% below 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 Medical Devices & Instruments company?
The median Cash Conversion Cycle among Medical Devices & Instruments companies is 156.39, based on 818 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. Top Glove Bhd's current Cash Conversion Cycle of 48.88 is 68.7% below 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 Top Glove Bhd and its competitors. For the Medical Devices & Instruments industry, the median Cash Conversion Cycle is 156.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Glove Bhd's current Cash Conversion Cycle is 48.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Glove Bhd stock overvalued right now?
Based on GuruFocus' analysis, Top Glove Bhd (FRA:5OU) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.89, compared to a current price of €0.52 — trading 42.1% below its estimated fair value. The current Cash Conversion Cycle is 48.88 and 68.7% below the Medical Devices & Instruments industry median of 156.39. Top Glove Bhd's overall GF Score™ is 43/100 with 3 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 Top Glove Bhd (FRA:5OU), the current Cash Conversion Cycle is 48.88 as of May. 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 Top Glove Bhd (FRA:5OU) Overvalued in 2026?

Based on GuruFocus' analysis, Top Glove Bhd stock appears to be undervalued. The current stock price of €0.52 is trading 42.1% below its estimated GF Value™ of €0.89. GuruFocus considers Top Glove Bhd to be Significantly Undervalued.

Key valuation signals for FRA:5OU:

  • Cash Conversion Cycle: 48.88
  • GF Value™: €0.89 vs. price of €0.52 (42.1% below fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 68.7% below the Medical Devices & Instruments median

No single metric tells the full story. See the FRA:5OU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Glove Bhd Business Description

Address 16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Top Glove Corp Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and sales of gloves through several product lines to diverse customers in various countries. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. It serves various sectors including healthcare, industrial, and Food and Beverage sectors. The company has four reportable operating segments based on its geographical areas: Malaysia, Thailand, People's Republic of China and Others. The majority of revenue is generated from Malaysia.
43GF Score

Get the complete analysis for FRA:5OU

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

€0.52
Price
€0.89
GF Value