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First Sponsor Group's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 626.47.
First Sponsor Group's Days Inventory for the
six
months ended in Dec. 2025 was 3311.26.
First Sponsor Group's Days Payable for the
six
months ended in Dec. 2025 was 2271.71.
Therefore, First Sponsor Group's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was 1,666.02.
First Sponsor Group (SGX:ADN) 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.
First Sponsor Group Cash Conversion Cycle Related Terms
First Sponsor Group Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for First Sponsor 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.
First Sponsor Group Cash Conversion Cycle Competitor Comparison
For the Real Estate - Development subindustry, First Sponsor 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.
First Sponsor Group Cash Conversion Cycle vs Real Estate Industry
For the Real Estate industry and Real Estate sector, First Sponsor Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where First Sponsor Group's Cash Conversion Cycle falls into.
First Sponsor 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.
First Sponsor Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Cash Conversion Cycle of 1,666.02 mean?
First Sponsor Group (SGX:ADN) has a Cash Conversion Cycle of 1,666.02 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on First Sponsor Group and its competitors.
Is First Sponsor Group's Cash Conversion Cycle too high?
First Sponsor Group's current Cash Conversion Cycle is 1,666.02. The Real Estate industry median Cash Conversion Cycle is 320.77. First Sponsor Group's value of 1,666.02 is 419.4% above this industry median. Overall, First Sponsor Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Sponsor Group's Cash Conversion Cycle compare to competitors?
First Sponsor Group's Cash Conversion Cycle of 1,666.02 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.77. First Sponsor Group's value of 1,666.02 is 419.4% 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 a Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 320.77, based on 1,731 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. First Sponsor Group's current Cash Conversion Cycle of 1,666.02 is 419.4% 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 First Sponsor Group and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Sponsor Group's current Cash Conversion Cycle is 1,666.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Sponsor Group stock overvalued right now?
Based on GuruFocus' analysis, First Sponsor Group (SGX:ADN) is currently considered Fairly Valued. The stock's GF Value™ is S$1.08, compared to a current price of S$1.00 — trading 7.4% below its estimated fair value. The current Cash Conversion Cycle is 1,666.02 and 419.4% above the Real Estate industry median of 320.77. First Sponsor Group's overall GF Score™ is 69/100 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 First Sponsor Group (SGX:ADN), the current Cash Conversion Cycle is 1,666.02 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.
Is First Sponsor Group (SGX:ADN) Overvalued in 2026?
Based on GuruFocus' analysis, First Sponsor Group stock appears to be undervalued.
The current stock price of S$1.00 is trading 7.4% below its estimated GF Value™ of S$1.08.
GuruFocus considers First Sponsor Group to be Fairly Valued.
Key valuation signals for SGX:ADN:
Cash Conversion Cycle: 1,666.02
GF Value™: S$1.08 vs. price of S$1.00 (7.4% below fair value)
Industry Position: 419.4% above the Real Estate median
No single metric tells the full story. See the SGX:ADN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Sponsor Group Ltd is an investment holding company. The principal activities of the company are investment holding, property development and sales, property investment, hotel ownership and operations, and provision of property financing services. The Hotel operations segment includes hotels and hot spring owners. The property development segment includes the development and/or purchase of properties for sale. The property investment segment includes the development and/or purchase of investment properties (including hotels) for rental income. The property financing segment includes the provision of non-pro rata interest-bearing loans to associates and joint ventures, provision of interest-bearing loans to third parties. Key revenue is derived from Property development.
69GF Score
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