Hor Kew (SGX:BBP) Cash Conversion Cycle: 48.03 (As of Dec. 2025)

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SGX:BBP Hor Kew Corp Ltd SGX:BBP
47 GF Score
Price S$1.18
GF Value S$0.32
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hor Kew Cash Conversion Cycle?

Hor Kew SGX:BBP +4.42% 47 Cash Conversion Cycle is 48.03 as of Dec. 2025. GuruFocus rates SGX:BBP with a GF Score™ of 47/100 and a GF Value™ of S$0.32 (Significantly Overvalued). The stock has 4 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.

Hor Kew's Days Sales Outstanding for the six months ended in Dec. 2025 was 89.7.
Hor Kew's Days Inventory for the six months ended in Dec. 2025 was 86.13.
Hor Kew's Days Payable for the six months ended in Dec. 2025 was 127.8.
Therefore, Hor Kew's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 48.03.


Hor Kew  (SGX:BBP) 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.


Hor Kew Cash Conversion Cycle Related Terms


Hor Kew Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Hor Kew'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.

Hor Kew Cash Conversion Cycle Chart

Hor Kew 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 148.46 134.49 106.56 80.01 56.63

Hor Kew Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 98.05 140.49 62.90 14.77 48.03

SGX:BBP vs PWR, FIX, EME: Cash Conversion Cycle Comparison

For the Engineering & Construction subindustry, Hor Kew'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.


Hor Kew Cash Conversion Cycle vs Construction Industry

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

* The bar in red indicates where Hor Kew's Cash Conversion Cycle falls into.


SGX:BBP
47GF Score
Hor Kew Corp Ltd SGX:BBP
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hor Kew 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.

Hor Kew'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
=107.66+98.76-149.79
=56.63

Hor Kew'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
=89.7+86.13-127.8
=48.03

* 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 48.03 mean?
Hor Kew (SGX:BBP) has a Cash Conversion Cycle of 48.03 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Hor Kew and its competitors.
Is Hor Kew's Cash Conversion Cycle too high?
Hor Kew's current Cash Conversion Cycle is 48.03. The Construction industry median Cash Conversion Cycle is 55.82. Hor Kew's value of 48.03 is 14% below this industry median. Overall, Hor Kew has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hor Kew's Cash Conversion Cycle compare to PWR and FIX?
Hor Kew's Cash Conversion Cycle of 48.03 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. Hor Kew's value of 48.03 is 14% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, 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. Hor Kew's current Cash Conversion Cycle of 48.03 is 14% 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 Hor Kew and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hor Kew's current Cash Conversion Cycle is 48.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hor Kew stock overvalued right now?
Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.32, compared to a current price of S$1.18 — trading 268.8% above its estimated fair value. The current Cash Conversion Cycle is 48.03 and 14% below the Construction industry median of 55.82. Hor Kew's overall GF Score™ is 47/100 with 4 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 Hor Kew (SGX:BBP), the current Cash Conversion Cycle is 48.03 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 Hor Kew (SGX:BBP) Overvalued in 2026?

Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued. The current stock price of S$1.18 is trading 268.8% above its estimated GF Value™ of S$0.32. GuruFocus considers Hor Kew to be Significantly Overvalued.

Key valuation signals for SGX:BBP:

  • Cash Conversion Cycle: 48.03
  • GF Value™: S$0.32 vs. price of S$1.18 (268.8% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 14% below the Construction median

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


Hor Kew Business Description

Address 66 Kallang Pudding Road, No. 07-01, Hor Kew Business Centre, Singapore, SGP, 349324
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.
47GF Score

Get the complete analysis for SGX:BBP

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

S$1.18
Price
S$0.32
GF Value