Topmix Bhd (XKLS:0302) Cash Conversion Cycle: 240.32 (As of Mar. 2026)


XKLS:0302 Topmix Bhd XKLS:0302
48 GF Score
Price RM0.41
! 2 Warning Signs
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What is Topmix Bhd Cash Conversion Cycle?

Topmix Bhd XKLS:0302 48 Cash Conversion Cycle is 240.32 as of Mar. 2026. GuruFocus rates XKLS:0302 with a GF Score™ of 48/100. The stock has 2 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.

Topmix Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 71.71.
Topmix Bhd's Days Inventory for the three months ended in Mar. 2026 was 185.15.
Topmix Bhd's Days Payable for the three months ended in Mar. 2026 was 16.54.
Therefore, Topmix Bhd's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 240.32.


Topmix Bhd  (XKLS:0302) 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.


Topmix Bhd Cash Conversion Cycle Related Terms


Topmix Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Topmix 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.

Topmix Bhd Cash Conversion Cycle Chart

Topmix Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 202.99 143.34 155.03 166.34 191.14

Topmix Bhd Quarterly Data
Dec20 Dec21 Dec22 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 203.47 175.18 173.42 176.48 240.32

XKLS:0302 vs SN, SGI, MHK: Cash Conversion Cycle Comparison

For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.


Topmix Bhd Cash Conversion Cycle vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Topmix Bhd's Cash Conversion Cycle distribution charts can be found below:

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


XKLS:0302
48GF Score
Topmix Bhd XKLS:0302
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Topmix 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.

Topmix 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
=66.13+145.38-20.37
=191.14

Topmix 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
=71.71+185.15-16.54
=240.32

* 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 240.32 mean?
Topmix Bhd (XKLS:0302) has a Cash Conversion Cycle of 240.32 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Topmix Bhd and its competitors.
Is Topmix Bhd's Cash Conversion Cycle too high?
Topmix Bhd's current Cash Conversion Cycle is 240.32. The Furnishings, Fixtures & Appliances industry median Cash Conversion Cycle is 85.06. Topmix Bhd's value of 240.32 is 182.5% above this industry median. Overall, Topmix Bhd has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's Cash Conversion Cycle compare to SN and SGI?
Topmix Bhd's Cash Conversion Cycle of 240.32 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cash Conversion Cycle is 85.06. Topmix Bhd's value of 240.32 is 182.5% 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 Furnishings, Fixtures & Appliances company?
The median Cash Conversion Cycle among Furnishings, Fixtures & Appliances companies is 85.06, based on 431 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. Topmix Bhd's current Cash Conversion Cycle of 240.32 is 182.5% 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 Topmix Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Conversion Cycle is 85.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current Cash Conversion Cycle is 240.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current Cash Conversion Cycle of 240.32. The current Cash Conversion Cycle is 240.32 and 182.5% above the Furnishings, Fixtures & Appliances industry median of 85.06. Topmix Bhd's overall GF Score™ is 48/100 with 2 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 Topmix Bhd (XKLS:0302), the current Cash Conversion Cycle is 240.32 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.

Topmix Bhd Business Description

Address 8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
48GF Score

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

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