NCHGF (Nam Cheong) Cash Conversion Cycle: 360.87 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NCHGF Nam Cheong Ltd NCHGF
56 GF Score
Price $0.09
GF Value $0.02
! 3 Warning Signs
View Full Analysis

What is Nam Cheong Cash Conversion Cycle?

Nam Cheong NCHGF 56 Cash Conversion Cycle is 360.87 as of Mar. 2026. GuruFocus rates NCHGF with a GF Score™ of 56/100 and a GF Value™ of $0.02. 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.

Nam Cheong's Days Sales Outstanding for the three months ended in Mar. 2026 was 117.9.
Nam Cheong's Days Inventory for the three months ended in Mar. 2026 was 313.99.
Nam Cheong's Days Payable for the three months ended in Mar. 2026 was 71.02.
Therefore, Nam Cheong's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 360.87.


Nam Cheong  (OTCPK:NCHGF) 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.


Nam Cheong Cash Conversion Cycle Related Terms


Nam Cheong Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Nam Cheong'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.

Nam Cheong Cash Conversion Cycle Chart

Nam Cheong 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 -193.83 -53.85 -6.86 36.01 181.14

Nam Cheong 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 108.11 124.04 223.03 238.07 360.87

NCHGF vs SPCX, GE, RTX: Cash Conversion Cycle Comparison

For the Aerospace & Defense subindustry, Nam Cheong'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.


Nam Cheong Cash Conversion Cycle vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Nam Cheong's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Nam Cheong's Cash Conversion Cycle falls into.


NCHGF
56GF Score
Nam Cheong Ltd NCHGF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nam Cheong 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.

Nam Cheong'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
=105.48+171.05-95.39
=181.14

Nam Cheong'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
=117.9+313.99-71.02
=360.87

* 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 360.87 mean?
Nam Cheong (NCHGF) has a Cash Conversion Cycle of 360.87 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nam Cheong and its competitors.
Is Nam Cheong's Cash Conversion Cycle too high?
Nam Cheong's current Cash Conversion Cycle is 360.87. The Aerospace & Defense industry median Cash Conversion Cycle is 135.55. Nam Cheong's value of 360.87 is 166.2% above this industry median. Overall, Nam Cheong has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Nam Cheong's Cash Conversion Cycle compare to SPCX and GE?
Nam Cheong's Cash Conversion Cycle of 360.87 can be compared against companies in the Aerospace & Defense industry. The industry median Cash Conversion Cycle is 135.55. Nam Cheong's value of 360.87 is 166.2% 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 Aerospace & Defense company?
The median Cash Conversion Cycle among Aerospace & Defense companies is 135.55, based on 350 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. Nam Cheong's current Cash Conversion Cycle of 360.87 is 166.2% 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 Nam Cheong and its competitors. For the Aerospace & Defense industry, the median Cash Conversion Cycle is 135.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Cheong's current Cash Conversion Cycle is 360.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Cheong stock overvalued right now?
Nam Cheong (NCHGF) has a current Cash Conversion Cycle of 360.87. The stock's GF Value™ is $0.02, compared to a current price of $0.09 — trading 360% above its estimated fair value. The current Cash Conversion Cycle is 360.87 and 166.2% above the Aerospace & Defense industry median of 135.55. Nam Cheong's overall GF Score™ is 56/100 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 Nam Cheong (NCHGF), the current Cash Conversion Cycle is 360.87 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 Nam Cheong (NCHGF) Overvalued in 2026?

Based on GuruFocus' analysis, Nam Cheong stock appears to be overvalued. The current stock price of $0.09 is trading 360% above its estimated GF Value™ of $0.02.

Key valuation signals for NCHGF:

  • Cash Conversion Cycle: 360.87
  • GF Value™: $0.02 vs. price of $0.09 (360% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 166.2% above the Aerospace & Defense median

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


Nam Cheong Business Description

Other Exchanges 1MZ:Singapore
Address 9 Raffles Place, No. 26-01 Republic Plaza, Singapore, SGP, 048619
Nam Cheong Ltd along is an offshore marine group specializing in the building of offshore support vessels. The company's operating segment includes Shipbuilding; Vessel chartering and others. It generates maximum revenue from the Vessel chartering segment. Geographically, it derives a majority of its revenue from Malaysia. Its fleet comprises Anchor Handling Tug Supply (AHTS) vessels, Platform Supply Vessels (PSV), Accommodation Work Barges (AWB), Maintenance Work Vessels (MWV), Safety Supply Vessels (SSV), and landing crafts, and Fast Crew Boat (FCB).
56GF Score

Get the complete analysis for NCHGF

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

$0.09
Price
$0.02
GF Value