Baker Technology (SGX:BTP) Cash Conversion Cycle: 41.31 (As of Dec. 2025)


SGX:BTP Baker Technology Ltd SGX:BTP
29 GF Score
Price S$0.46
GF Value S$0.26
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Baker Technology Cash Conversion Cycle?

Baker Technology SGX:BTP 29 Cash Conversion Cycle is 41.31 as of Dec. 2025. GuruFocus rates SGX:BTP with a GF Score™ of 29/100 and a GF Value™ of S$0.26 (Significantly Overvalued). The stock has 6 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.

Baker Technology's Days Sales Outstanding for the six months ended in Dec. 2025 was 69.22.
Baker Technology's Days Inventory for the six months ended in Dec. 2025 was 53.9.
Baker Technology's Days Payable for the six months ended in Dec. 2025 was 81.81.
Therefore, Baker Technology's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 41.31.


Baker Technology  (SGX:BTP) 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.


Baker Technology Cash Conversion Cycle Related Terms


Baker Technology Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Baker Technology'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.

Baker Technology Cash Conversion Cycle Chart

Baker Technology 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 54.20 55.17 63.89 35.63 41.05

Baker Technology 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 41.29 38.30 32.71 65.93 41.31

SGX:BTP vs SLB, BKR, HAL: Cash Conversion Cycle Comparison

For the Oil & Gas Equipment & Services subindustry, Baker Technology'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.


Baker Technology Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baker Technology's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Baker Technology's Cash Conversion Cycle falls into.


SGX:BTP
29GF Score
Baker Technology Ltd SGX:BTP
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baker Technology 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.

Baker Technology'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
=63.97+56.71-79.63
=41.05

Baker Technology'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
=69.22+53.9-81.81
=41.31

* 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 41.31 mean?
Baker Technology (SGX:BTP) has a Cash Conversion Cycle of 41.31 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Baker Technology and its competitors.
Is Baker Technology's Cash Conversion Cycle too high?
Baker Technology's current Cash Conversion Cycle is 41.31. The Oil & Gas industry median Cash Conversion Cycle is 18.22. Baker Technology's value of 41.31 is 126.7% above this industry median. Overall, Baker Technology has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baker Technology's Cash Conversion Cycle compare to SLB and BKR?
Baker Technology's Cash Conversion Cycle of 41.31 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.22. Baker Technology's value of 41.31 is 126.7% 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 Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.22, based on 915 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. Baker Technology's current Cash Conversion Cycle of 41.31 is 126.7% 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 Baker Technology and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baker Technology's current Cash Conversion Cycle is 41.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baker Technology stock overvalued right now?
Based on GuruFocus' analysis, Baker Technology (SGX:BTP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.26, compared to a current price of S$0.46 — trading 75% above its estimated fair value. The current Cash Conversion Cycle is 41.31 and 126.7% above the Oil & Gas industry median of 18.22. Baker Technology's overall GF Score™ is 29/100 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 Baker Technology (SGX:BTP), the current Cash Conversion Cycle is 41.31 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 Baker Technology (SGX:BTP) Overvalued in 2026?

Based on GuruFocus' analysis, Baker Technology stock appears to be overvalued. The current stock price of S$0.46 is trading 75% above its estimated GF Value™ of S$0.26. GuruFocus considers Baker Technology to be Significantly Overvalued.

Key valuation signals for SGX:BTP:

  • Cash Conversion Cycle: 41.31
  • GF Value™: S$0.26 vs. price of S$0.46 (75% above fair value)
  • GF Score™: 29/100 with 6 warning signs
  • Industry Position: 126.7% above the Oil & Gas median

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


Baker Technology Business Description

Industry EnergyOil & Gas
Address 10 Jalan Samulun, Singapore, SGP, 629124
Baker Technology Ltd is an investment holding company focused on the offshore oil and gas industry. The company's business segments include Marine Offshore, Investments, and Corporate. The Marine offshore segment is essentially the company's principal business activity as manufacturers and providers of specialized marine offshore equipment and services for the oil and gas industry. The Investments segment relates to the investments in available-for-sale investments. The Corporate segment is involved in corporate services and treasury functions. The company has its geographical presence in Asia Pacific (excluding China and Singapore), the Middle East, Africa, Singapore, Europe, Americas, and China. The Marine-Offshore segment generates maximum revenue for the company.
29GF Score

Get the complete analysis for SGX:BTP

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

S$0.46
Price
S$0.26
GF Value