Ocean Vantage Holdings Bhd (XKLS:0220) Cash Conversion Cycle: 23.57 (As of Mar. 2026)


XKLS:0220 Ocean Vantage Holdings Bhd XKLS:0220
53 GF Score
Price RM0.23
GF Value RM0.13
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ocean Vantage Holdings Bhd Cash Conversion Cycle?

Ocean Vantage Holdings Bhd XKLS:0220 -6.12% 53 Cash Conversion Cycle is 23.57 as of Mar. 2026. GuruFocus rates XKLS:0220 with a GF Score™ of 53/100 and a GF Value™ of RM0.13 (Significantly Overvalued). 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.

Ocean Vantage Holdings Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 83.5.
Ocean Vantage Holdings Bhd's Days Inventory for the three months ended in Mar. 2026 was 1.38.
Ocean Vantage Holdings Bhd's Days Payable for the three months ended in Mar. 2026 was 61.31.
Therefore, Ocean Vantage Holdings Bhd's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 23.57.


Ocean Vantage Holdings Bhd  (XKLS:0220) 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.


Ocean Vantage Holdings Bhd Cash Conversion Cycle Related Terms


Ocean Vantage Holdings Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Ocean Vantage 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.

Ocean Vantage Holdings Bhd Cash Conversion Cycle Chart

Ocean Vantage Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.16 65.71 35.08 -33.40 -71.46

Ocean Vantage Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -88.17 -29.59 -50.59 -14.22 23.57

XKLS:0220 vs SLB, BKR, HAL: Cash Conversion Cycle Comparison

For the Oil & Gas Equipment & Services subindustry, Ocean Vantage 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.


Ocean Vantage Holdings Bhd Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ocean Vantage Holdings Bhd's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ocean Vantage Holdings Bhd's Cash Conversion Cycle falls into.


XKLS:0220
53GF Score
Ocean Vantage Holdings Bhd XKLS:0220
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Vantage 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.

Ocean Vantage Holdings Bhd's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=100.85+1.42-173.73
=-71.46

Ocean Vantage Holdings 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
=83.5+1.38-61.31
=23.57

* 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 23.57 mean?
Ocean Vantage Holdings Bhd (XKLS:0220) has a Cash Conversion Cycle of 23.57 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ocean Vantage Holdings Bhd and its competitors.
Is Ocean Vantage Holdings Bhd's Cash Conversion Cycle too high?
Ocean Vantage Holdings Bhd's current Cash Conversion Cycle is 23.57. The Oil & Gas industry median Cash Conversion Cycle is 18.26. Ocean Vantage Holdings Bhd's value of 23.57 is 29.1% above this industry median. Overall, Ocean Vantage Holdings Bhd has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Vantage Holdings Bhd's Cash Conversion Cycle compare to SLB and BKR?
Ocean Vantage Holdings Bhd's Cash Conversion Cycle of 23.57 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.26. Ocean Vantage Holdings Bhd's value of 23.57 is 29.1% 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.26, based on 916 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. Ocean Vantage Holdings Bhd's current Cash Conversion Cycle of 23.57 is 29.1% 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 Ocean Vantage Holdings Bhd and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Vantage Holdings Bhd's current Cash Conversion Cycle is 23.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Vantage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd (XKLS:0220) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.23 — trading 76.9% above its estimated fair value. The current Cash Conversion Cycle is 23.57 and 29.1% above the Oil & Gas industry median of 18.26. Ocean Vantage Holdings Bhd's overall GF Score™ is 53/100 with 7 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 Ocean Vantage Holdings Bhd (XKLS:0220), the current Cash Conversion Cycle is 23.57 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 Ocean Vantage Holdings Bhd (XKLS:0220) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd stock appears to be overvalued. The current stock price of RM0.23 is trading 76.9% above its estimated GF Value™ of RM0.13. GuruFocus considers Ocean Vantage Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0220:

  • Cash Conversion Cycle: 23.57
  • GF Value™: RM0.13 vs. price of RM0.23 (76.9% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 29.1% above the Oil & Gas median

No single metric tells the full story. See the XKLS:0220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Vantage Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Block 11, Jalan Tudan, Lot 6073 and 6074, 1st and 2nd Floor, Kuala Baram Land District, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000
Ocean Vantage Holdings Bhd, along with its subsidiaries, is engaged in the provision of support services for the oil and gas industry, where it supports both the upstream and downstream oil and gas activities. The Group operates through four segments: Engineering, procurement, and construction (EPC) and Project management; Supply of manpower; Supply of materials, tools, and equipment; and Drilling rig charter. Maximum revenue is derived from the Supply of manpower segment, which delivers tailored manpower solutions to the oil and gas sector by providing end-to-end manpower services, from sourcing and screening to onboarding and workforce management, at every stage of the project. Geographically, the Group generates maximum revenue from the local market and also has an overseas presence.
53GF Score

Get the complete analysis for XKLS:0220

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.23
Price
RM0.13
GF Value