WANG & LEE Group's Days Sales Outstanding for the
six
months ended in Dec. 2024 was 240.3.
WANG & LEE Group's Days Inventory for the
six
months ended in Dec. 2024 was 0.
WANG & LEE Group's Days Payable for the
six
months ended in Dec. 2024 was 68.92.
Therefore, WANG & LEE Group's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2024 was 171.38.
WANG & LEE Group (OTCPK:WLGSF) 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.
WANG & LEE Group Cash Conversion Cycle Related Terms
WANG & LEE Group Cash Conversion Cycle Historical Data
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The historical data trend for WANG & LEE 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.
WLGSF vs PWR, FIX, EME: Cash Conversion Cycle Comparison
For the Engineering & Construction subindustry, WANG & LEE 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.
WANG & LEE Group Cash Conversion Cycle vs Construction Industry
For the Construction industry and Industrials sector, WANG & LEE Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where WANG & LEE Group's Cash Conversion Cycle falls into.
WANG & LEE 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.
WANG & LEE Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 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.
WANG & LEE Group (WLGSF) has a Cash Conversion Cycle of 171.38 as of Dec. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on WANG & LEE Group and its competitors.
Is WANG & LEE Group's Cash Conversion Cycle too high?
WANG & LEE Group's current Cash Conversion Cycle is 171.38. The Construction industry median Cash Conversion Cycle is 55.81. WANG & LEE Group's value of 171.38 is 207.1% above this industry median.
How does WANG & LEE Group's Cash Conversion Cycle compare to PWR and FIX?
WANG & LEE Group's Cash Conversion Cycle of 171.38 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.81. WANG & LEE Group's value of 171.38 is 207.1% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.81, based on 1,763 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. WANG & LEE Group's current Cash Conversion Cycle of 171.38 is 207.1% 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 WANG & LEE Group and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WANG & LEE Group's current Cash Conversion Cycle is 171.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Cash Conversion Cycle of 171.38. The current Cash Conversion Cycle is 171.38 and 207.1% above the Construction industry median of 55.81. 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 WANG & LEE Group (WLGSF), the current Cash Conversion Cycle is 171.38 as of Dec. 2024. 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.
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED. WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.
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