MQ Technology Bhd (XKLS:0070) Cash Conversion Cycle: 112.02 (As of Feb. 2026)


What is MQ Technology Bhd Cash Conversion Cycle?

MQ Technology Bhd XKLS:0070 +9.09% Cash Conversion Cycle is 112.02 as of Feb. 2026. The stock has 1 warning sign investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

MQ Technology Bhd's Days Sales Outstanding for the three months ended in Feb. 2026 was 612.75.
MQ Technology Bhd's Days Inventory for the three months ended in Feb. 2026 was 39.96.
MQ Technology Bhd's Days Payable for the three months ended in Feb. 2026 was 540.69.
Therefore, MQ Technology Bhd's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2026 was 112.02.


MQ Technology Bhd  (XKLS:0070) 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.


MQ Technology Bhd Cash Conversion Cycle Related Terms


MQ Technology Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for MQ Technology Bhd'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.

MQ Technology Bhd Cash Conversion Cycle Chart

MQ Technology Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Sep22 Sep23 Sep24 Feb25 Feb26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.68 175.90 214.13 0.00 41.54

MQ Technology Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 May25 Aug25 Nov25 Feb26
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 355.00 266.96 -131.67 -177.95 112.02

XKLS:0070 vs SNA, RBC, LECO: Cash Conversion Cycle Comparison

For the Tools & Accessories subindustry, MQ Technology Bhd'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.


MQ Technology Bhd Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MQ Technology Bhd's Cash Conversion Cycle distribution charts can be found below:

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



MQ Technology Bhd 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.

MQ Technology Bhd's Cash Conversion Cycle for the fiscal year that ended in Feb. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=704.13+41.23-703.82
=41.54

MQ Technology Bhd's Cash Conversion Cycle for the quarter that ended in Feb. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=612.75+39.96-540.69
=112.02

* 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 112.02 mean?
MQ Technology Bhd (XKLS:0070) has a Cash Conversion Cycle of 112.02 as of Feb. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on MQ Technology Bhd and its competitors.
Is MQ Technology Bhd's Cash Conversion Cycle too high?
MQ Technology Bhd's current Cash Conversion Cycle is 112.02. The Industrial Products industry median Cash Conversion Cycle is 122.24. MQ Technology Bhd's value of 112.02 is 8.4% below this industry median.
How does MQ Technology Bhd's Cash Conversion Cycle compare to SNA and RBC?
MQ Technology Bhd's Cash Conversion Cycle of 112.02 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.24. MQ Technology Bhd's value of 112.02 is 8.4% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.24, based on 3,031 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. MQ Technology Bhd's current Cash Conversion Cycle of 112.02 is 8.4% 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 MQ Technology Bhd and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MQ Technology Bhd's current Cash Conversion Cycle is 112.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MQ Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, MQ Technology Bhd (XKLS:0070) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.06 — trading 53.8% below its estimated fair value. The current Cash Conversion Cycle is 112.02 and 8.4% below the Industrial Products industry median of 122.24. 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 MQ Technology Bhd (XKLS:0070), the current Cash Conversion Cycle is 112.02 as of Feb. 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.

MQ Technology Bhd Business Description

Address Plot 86-B, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park 4, Bayan Lepas, George Town, PNG, MYS, 11900
MQ Technology Bhd is an investment holding company. Through its subsidiaries, it provides a rapid tooling and prototyping division, which automates, designs, develops, and manufactures molds, tools, dies, jigs, and fixtures used in the manufacture of hard disk drives, automotive and medical industries. The company's business segment consists of Manufacture segment, Investment holdings, and others. The company generates the majority of its revenue from Manufacture business segment. Geographically the company operates in Malaysia, Thailand, the USA, Singapore, and Ireland, of which key revenue is derived from Thailand and Malaysia.