Midtown Group Bhd (XKLS:0177) Cash Conversion Cycle: 273.94 (As of Mar. 2026)


What is Midtown Group Bhd Cash Conversion Cycle?

Midtown Group Bhd XKLS:0177 Cash Conversion Cycle is 273.94 as of Mar. 2026. The stock has 7 warning signs investors should review.

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

Midtown Group Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 174.63.
Midtown Group Bhd's Days Inventory for the three months ended in Mar. 2026 was 299.18.
Midtown Group Bhd's Days Payable for the three months ended in Mar. 2026 was 199.87.
Therefore, Midtown Group Bhd's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 273.94.


Midtown Group Bhd  (XKLS:0177) 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.


Midtown Group Bhd Cash Conversion Cycle Related Terms


Midtown Group Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Midtown Group 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.

Midtown Group Bhd Cash Conversion Cycle Chart

Midtown Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.68 998.08 137.20 116.66 166.61

Midtown Group Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 21.32 57.40 242.99 3,358.38 273.94

XKLS:0177 vs PWR, FIX, EME: Cash Conversion Cycle Comparison

For the Engineering & Construction subindustry, Midtown Group 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.


Midtown Group Bhd Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Midtown Group Bhd's Cash Conversion Cycle distribution charts can be found below:

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



Midtown Group 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.

Midtown Group Bhd's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=149.09+145.08-127.56
=166.61

Midtown Group Bhd's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=174.63+299.18-199.87
=273.94

* 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 273.94 mean?
Midtown Group Bhd (XKLS:0177) has a Cash Conversion Cycle of 273.94 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Midtown Group Bhd and its competitors.
Is Midtown Group Bhd's Cash Conversion Cycle too high?
Midtown Group Bhd's current Cash Conversion Cycle is 273.94. The Construction industry median Cash Conversion Cycle is 55.82. Midtown Group Bhd's value of 273.94 is 390.8% above this industry median.
How does Midtown Group Bhd's Cash Conversion Cycle compare to PWR and FIX?
Midtown Group Bhd's Cash Conversion Cycle of 273.94 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. Midtown Group Bhd's value of 273.94 is 390.8% 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 55.82, based on 1,762 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. Midtown Group Bhd's current Cash Conversion Cycle of 273.94 is 390.8% 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 Midtown Group Bhd and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midtown Group Bhd's current Cash Conversion Cycle is 273.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midtown Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Midtown Group Bhd (XKLS:0177) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.08 — trading 33.3% above its estimated fair value. The current Cash Conversion Cycle is 273.94 and 390.8% above the Construction industry median of 55.82. 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 Midtown Group Bhd (XKLS:0177), the current Cash Conversion Cycle is 273.94 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.

Midtown Group Bhd Business Description

Address No. 8, Persiaran Tropicana, Lot 13.2, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Midtown Group Bhd, formerly Pasukhas Group Bhd is engaged in the business of investment holding and the provision of management services. Its operating segments include Civil engineering and construction segment, Mechanical & Electrical Engineering Services, Renovation, Renewable Energy, and Investment Holdings and Others. The majority of the revenue for the company is generated from its Civil engineering and construction segment. Geographically, it operates predominantly in Malaysia.