Tex Cycle Technology (M) Bhd's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 59.8.
Tex Cycle Technology (M) Bhd's Days Inventory for the
three
months ended in Mar. 2026 was 103.14.
Tex Cycle Technology (M) Bhd's Days Payable for the
three
months ended in Mar. 2026 was 27.48.
Therefore, Tex Cycle Technology (M) Bhd's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 135.46.
Tex Cycle Technology (M) Bhd (XKLS:0089) 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.
Tex Cycle Technology (M) Bhd Cash Conversion Cycle Related Terms
Tex Cycle Technology (M) Bhd Cash Conversion Cycle Historical Data
* 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.
Tex Cycle Technology (M) Bhd Cash Conversion Cycle Chart
XKLS:0089 vs WM, RSG, WCN: Cash Conversion Cycle Comparison
For the Waste Management subindustry, Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd Cash Conversion Cycle vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tex Cycle Technology (M) Bhd's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Tex Cycle Technology (M) Bhd's Cash Conversion Cycle falls into.
Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd'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.
Tex Cycle Technology (M) Bhd (XKLS:0089) has a Cash Conversion Cycle of 135.46 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Tex Cycle Technology (M) Bhd and its competitors.
Is Tex Cycle Technology (M) Bhd's Cash Conversion Cycle too high?
Tex Cycle Technology (M) Bhd's current Cash Conversion Cycle is 135.46. The Waste Management industry median Cash Conversion Cycle is 50.09. Tex Cycle Technology (M) Bhd's value of 135.46 is 170.4% above this industry median. Overall, Tex Cycle Technology (M) Bhd has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex Cycle Technology (M) Bhd's Cash Conversion Cycle compare to WM and RSG?
Tex Cycle Technology (M) Bhd's Cash Conversion Cycle of 135.46 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 50.09. Tex Cycle Technology (M) Bhd's value of 135.46 is 170.4% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 50.09, based on 240 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. Tex Cycle Technology (M) Bhd's current Cash Conversion Cycle of 135.46 is 170.4% 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 Tex Cycle Technology (M) Bhd and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 50.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Cycle Technology (M) Bhd's current Cash Conversion Cycle is 135.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Cycle Technology (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd (XKLS:0089) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.90, compared to a current price of RM1.03 — trading 45.8% below its estimated fair value. The current Cash Conversion Cycle is 135.46 and 170.4% above the Waste Management industry median of 50.09. Tex Cycle Technology (M) Bhd's overall GF Score™ is 84/100 with 5 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 Tex Cycle Technology (M) Bhd (XKLS:0089), the current Cash Conversion Cycle is 135.46 as of Mar. 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.
Is Tex Cycle Technology (M) Bhd (XKLS:0089) Overvalued in 2026?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd stock appears to be undervalued.
The current stock price of RM1.03 is trading 45.8% below its estimated GF Value™ of RM1.90.
GuruFocus considers Tex Cycle Technology (M) Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0089:
Cash Conversion Cycle: 135.46
GF Value™: RM1.90 vs. price of RM1.03 (45.8% below fair value)
Industry Position: 170.4% above the Waste Management median
No single metric tells the full story. See the XKLS:0089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tex Cycle Technology (M) Bhd is engaged in the provision of recovery and recycling of scheduled waste. It operates in six segments. The investment holding segment comprises investing in property and unquoted securities on a long-term basis; the recovery and recycling services segment comprises the provision of waste recovery and recycling services, and rental of recycled products; the rental of investment property segment; trading segment comprises trading of chemicals and other products; renewable energy segment includes the provision of equipment and consultancy services related to renewable energy; and others segment. The majority of company's revenue comes from the recovery and recycling services segment.
84GF Score
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