KAL Group (JSE:KAL) Cash Conversion Cycle: 33.99 (As of Mar. 2026)

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JSE:KAL KAL Group Ltd JSE:KAL
93 GF Score
Price R50.00
GF Value R43.66
Valuation Modestly Overvalued
! 5 Warning Signs
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What is KAL Group Cash Conversion Cycle?

KAL Group JSE:KAL 93 Cash Conversion Cycle is 33.99 as of Mar. 2026. GuruFocus rates JSE:KAL with a GF Score™ of 93/100 and a GF Value™ of R43.66 (Modestly Overvalued). The stock has 5 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.

KAL Group's Days Sales Outstanding for the six months ended in Mar. 2026 was 40.92.
KAL Group's Days Inventory for the six months ended in Mar. 2026 was 26.68.
KAL Group's Days Payable for the six months ended in Mar. 2026 was 33.61.
Therefore, KAL Group's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 33.99.


KAL Group  (JSE:KAL) 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.


KAL Group Cash Conversion Cycle Related Terms


KAL Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for KAL 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.

KAL Group Cash Conversion Cycle Chart

KAL Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.15 43.17 33.09 35.05 35.07

KAL Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 34.09 42.64 39.69 42.62 33.99

JSE:KAL vs CASY, WSM, ULTA: Cash Conversion Cycle Comparison

For the Specialty Retail subindustry, KAL 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.


KAL Group Cash Conversion Cycle vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, KAL Group's Cash Conversion Cycle distribution charts can be found below:

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


JSE:KAL
93GF Score
KAL Group Ltd JSE:KAL
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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KAL 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.

KAL Group'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
=44.59+29.86-39.38
=35.07

KAL Group'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
=40.92+26.68-33.61
=33.99

* 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 33.99 mean?
KAL Group (JSE:KAL) has a Cash Conversion Cycle of 33.99 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on KAL Group and its competitors.
Is KAL Group's Cash Conversion Cycle too high?
KAL Group's current Cash Conversion Cycle is 33.99. The Retail - Cyclical industry median Cash Conversion Cycle is 67.82. KAL Group's value of 33.99 is 49.9% below this industry median. Overall, KAL Group has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KAL Group's Cash Conversion Cycle compare to CASY and WSM?
KAL Group's Cash Conversion Cycle of 33.99 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 67.82. KAL Group's value of 33.99 is 49.9% 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 Retail - Cyclical company?
The median Cash Conversion Cycle among Retail - Cyclical companies is 67.82, based on 1,132 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. KAL Group's current Cash Conversion Cycle of 33.99 is 49.9% 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 KAL Group and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 67.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KAL Group's current Cash Conversion Cycle is 33.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAL Group stock overvalued right now?
Based on GuruFocus' analysis, KAL Group (JSE:KAL) is currently considered Modestly Overvalued. The stock's GF Value™ is R43.66, compared to a current price of R50.00 — trading 14.5% above its estimated fair value. The current Cash Conversion Cycle is 33.99 and 49.9% below the Retail - Cyclical industry median of 67.82. KAL Group's overall GF Score™ is 93/100 with 5 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 KAL Group (JSE:KAL), the current Cash Conversion Cycle is 33.99 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 KAL Group (JSE:KAL) Overvalued in 2026?

Based on GuruFocus' analysis, KAL Group stock appears to be overvalued. The current stock price of R50.00 is trading 14.5% above its estimated GF Value™ of R43.66. GuruFocus considers KAL Group to be Modestly Overvalued.

Key valuation signals for JSE:KAL:

  • Cash Conversion Cycle: 33.99
  • GF Value™: R43.66 vs. price of R50.00 (14.5% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 49.9% below the Retail - Cyclical median

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


KAL Group Business Description

Address 1 Westhoven Street, Suite 110, , Private Bag X3041, Cape Winelands, Paarl, WC, ZAF, 7646
KAL Group Ltd is a lifestyle retailer offering agricultural inputs, fuel (farm and retail), and general and convenience retail products to consumers across Southern Africa. Its segments include Agrimark, PEG, Agrimark Grain and Manufacturing. The majority of the company's revenue is derived from the PEG segment, which operates retail fuel outlets, including convenience stores and quick-service restaurant locations, serving a broad customer base. Geographically, it generates the maximum revenue from South Africa and the rest from Namibia.
93GF Score

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

R50.00
Price
R43.66
GF Value