Asia Poly Holdings Bhd's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 81.9.
Asia Poly Holdings Bhd's Days Inventory for the
three
months ended in Mar. 2026 was 289.75.
Asia Poly Holdings Bhd's Days Payable for the
three
months ended in Mar. 2026 was 41.47.
Therefore, Asia Poly Holdings Bhd's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 330.18.
Asia Poly Holdings Bhd (XKLS:0105) 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.
Asia Poly Holdings Bhd Cash Conversion Cycle Related Terms
Asia Poly Holdings Bhd Cash Conversion Cycle Historical Data
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The historical data trend for Asia Poly Holdings 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.
Asia Poly Holdings Bhd Cash Conversion Cycle Chart
XKLS:0105 vs LIN, SHW, ECL: Cash Conversion Cycle Comparison
For the Specialty Chemicals subindustry, Asia Poly Holdings 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.
Asia Poly Holdings Bhd Cash Conversion Cycle vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asia Poly Holdings Bhd's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Asia Poly Holdings Bhd's Cash Conversion Cycle falls into.
Asia Poly Holdings 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.
Asia Poly Holdings 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.
Asia Poly Holdings Bhd (XKLS:0105) has a Cash Conversion Cycle of 330.18 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Asia Poly Holdings Bhd and its competitors.
Is Asia Poly Holdings Bhd's Cash Conversion Cycle too high?
Asia Poly Holdings Bhd's current Cash Conversion Cycle is 330.18. The Chemicals industry median Cash Conversion Cycle is 89.14. Asia Poly Holdings Bhd's value of 330.18 is 270.4% above this industry median.
How does Asia Poly Holdings Bhd's Cash Conversion Cycle compare to LIN and SHW?
Asia Poly Holdings Bhd's Cash Conversion Cycle of 330.18 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.14. Asia Poly Holdings Bhd's value of 330.18 is 270.4% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.14, based on 1,580 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. Asia Poly Holdings Bhd's current Cash Conversion Cycle of 330.18 is 270.4% 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 Asia Poly Holdings Bhd and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Poly Holdings Bhd's current Cash Conversion Cycle is 330.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Poly Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia Poly Holdings Bhd (XKLS:0105) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading 7.1% below its estimated fair value. The current Cash Conversion Cycle is 330.18 and 270.4% above the Chemicals industry median of 89.14. 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 Asia Poly Holdings Bhd (XKLS:0105), the current Cash Conversion Cycle is 330.18 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.
Asia Poly Holdings Bhd is engaged in the business of investment holding. Through its subsidiary, it is engaged in the manufacturing and selling of acrylic products (acrylic sheets and acrylic blocks) in various types and sizes. It manufactures a wide range of cast acrylic sheet products, which are available in various specifications such as clear, tinted, opaque, and fluorescent. Its segments are Investment holdings, including Investment holding company; Manufacturing consists of Manufacturing of cast acrylic products; Property development provides Property development; Renewable energy offers Renewable energy from biogas plant; and Others - Others not reported in the above segments. Geographically, it operates in Malaysia, Europe, India, the Middle East, the United States, and Others.
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