Key Asic Bhd (XKLS:0143) Cash Conversion Cycle: -118.05 (As of Feb. 2026)


What is Key Asic Bhd Cash Conversion Cycle?

Key Asic Bhd XKLS:0143 Cash Conversion Cycle is -118.05 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.

Key Asic Bhd's Days Sales Outstanding for the three months ended in Feb. 2026 was 67.12.
Key Asic Bhd's Days Inventory for the three months ended in Feb. 2026 was 17.19.
Key Asic Bhd's Days Payable for the three months ended in Feb. 2026 was 202.36.
Therefore, Key Asic Bhd's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2026 was -118.05.


Key Asic Bhd  (XKLS:0143) 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.


Key Asic Bhd Cash Conversion Cycle Related Terms


Key Asic Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Key Asic 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.

Key Asic Bhd Cash Conversion Cycle Chart

Key Asic Bhd Annual Data
Trend Dec14 Dec15 May18 May19 May20 May21 May22 May23 May24 May25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -57.04 1.26 7.05 3.82 -67.03

Key Asic Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 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 -152.74 -103.05 -90.12 -221.79 -118.05

XKLS:0143 vs NVDA, AVGO, MU: Cash Conversion Cycle Comparison

For the Semiconductors subindustry, Key Asic 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.


Key Asic Bhd Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Key Asic Bhd's Cash Conversion Cycle distribution charts can be found below:

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



Key Asic 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.

Key Asic Bhd's Cash Conversion Cycle for the fiscal year that ended in May. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=68.17+44.8-180
=-67.03

Key Asic 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
=67.12+17.19-202.36
=-118.05

* 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 -118.05 mean?
Key Asic Bhd (XKLS:0143) has a Cash Conversion Cycle of -118.05 as of Feb. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Key Asic Bhd and its competitors.
Is Key Asic Bhd's Cash Conversion Cycle too high?
Key Asic Bhd's current Cash Conversion Cycle is -118.05.
How does Key Asic Bhd's Cash Conversion Cycle compare to NVDA and AVGO?
Key Asic Bhd's Cash Conversion Cycle of -118.05 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.11. 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.11, based on 1,021 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. 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 Key Asic Bhd and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Key Asic Bhd's current Cash Conversion Cycle is -118.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Asic Bhd stock overvalued right now?
Based on GuruFocus' analysis, Key Asic Bhd (XKLS:0143) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.05, compared to a current price of RM0.03 — trading 40% below its estimated fair value. The current Cash Conversion Cycle is -118.05. 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 Key Asic Bhd (XKLS:0143), the current Cash Conversion Cycle is -118.05 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.

Key Asic Bhd Business Description

Address 8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure and intelligent storage networking support. The company operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.