Qes Group Bhd's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 99.42.
Qes Group Bhd's Days Inventory for the
three
months ended in Mar. 2026 was 76.63.
Qes Group Bhd's Days Payable for the
three
months ended in Mar. 2026 was 65.75.
Therefore, Qes Group Bhd's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 110.30.
Qes Group Bhd (XKLS:0196) 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.
Qes Group Bhd Cash Conversion Cycle Related Terms
Qes Group Bhd Cash Conversion Cycle Historical Data
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The historical data trend for Qes 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.
XKLS:0196 vs SNX, ARW, AVT: Cash Conversion Cycle Comparison
For the Electronics & Computer Distribution subindustry, Qes 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.
Qes Group Bhd Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Qes Group Bhd's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Qes Group Bhd's Cash Conversion Cycle falls into.
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.
Qes Group 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.
Qes Group Bhd (XKLS:0196) has a Cash Conversion Cycle of 110.30 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Qes Group Bhd and its competitors.
Is Qes Group Bhd's Cash Conversion Cycle too high?
Qes Group Bhd's current Cash Conversion Cycle is 110.30. The Hardware industry median Cash Conversion Cycle is 98.93. Qes Group Bhd's value of 110.30 is 11.5% above this industry median. Overall, Qes Group Bhd has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qes Group Bhd's Cash Conversion Cycle compare to SNX and ARW?
Qes Group Bhd's Cash Conversion Cycle of 110.30 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.93. Qes Group Bhd's value of 110.30 is 11.5% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.93, based on 2,473 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. Qes Group Bhd's current Cash Conversion Cycle of 110.30 is 11.5% 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 Qes Group Bhd and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qes Group Bhd's current Cash Conversion Cycle is 110.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qes Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Qes Group Bhd (XKLS:0196) is currently considered Fairly Valued. The stock's GF Value™ is RM0.58, compared to a current price of RM0.58 — trading right at its estimated fair value. The current Cash Conversion Cycle is 110.30 and 11.5% above the Hardware industry median of 98.93. Qes Group Bhd's overall GF Score™ is 68/100 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 Qes Group Bhd (XKLS:0196), the current Cash Conversion Cycle is 110.30 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 Qes Group Bhd (XKLS:0196) Overvalued in 2026?
Based on GuruFocus' analysis, Qes Group Bhd stock appears to be undervalued.
The current stock price of RM0.58 is trading 0% below its estimated GF Value™ of RM0.58.
GuruFocus considers Qes Group Bhd to be Fairly Valued.
Key valuation signals for XKLS:0196:
Cash Conversion Cycle: 110.30
GF Value™: RM0.58 vs. price of RM0.58 (0% below fair value)
Industry Position: 11.5% above the Hardware median
No single metric tells the full story. See the XKLS:0196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qes Group Bhd is a Malaysia-based investment holding. The company has multiple businesses that includes, the Equipment segment which derives maximum revenue includes marketing and servicing of scientific instruments. The materials and Engineering solutions distribution segment includes trading and servicing of industrial parts, equipment, and scientific instruments. The manufacturing division includes manufacturing, trading, and servicing industrial parts and equipment and providing a vision software solution for automated equipment, mechanical and electrical engineering consultancy service, and investment holding, that invests in shares.
68GF Score
Get the complete analysis for XKLS:0196
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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