Smart Asia Chemical Bhd (XKLS:0306) Cash Conversion Cycle: 156.21 (As of Mar. 2026)


XKLS:0306 Smart Asia Chemical Bhd XKLS:0306
31 GF Score
Price RM0.18
! 7 Warning Signs
View Full Analysis

What is Smart Asia Chemical Bhd Cash Conversion Cycle?

Smart Asia Chemical Bhd XKLS:0306 +2.94% 31 Cash Conversion Cycle is 156.21 as of Mar. 2026. GuruFocus rates XKLS:0306 with a GF Score™ of 31/100. 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.

Smart Asia Chemical Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 91.96.
Smart Asia Chemical Bhd's Days Inventory for the three months ended in Mar. 2026 was 137.76.
Smart Asia Chemical Bhd's Days Payable for the three months ended in Mar. 2026 was 73.51.
Therefore, Smart Asia Chemical Bhd's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 156.21.


Smart Asia Chemical Bhd  (XKLS:0306) 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.


Smart Asia Chemical Bhd Cash Conversion Cycle Related Terms


Smart Asia Chemical Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Smart Asia Chemical 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.

Smart Asia Chemical Bhd Cash Conversion Cycle Chart

Smart Asia Chemical Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 199.84 201.41 189.14 184.43 198.35

Smart Asia Chemical Bhd Quarterly Data
Dec20 Dec21 Dec22 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 205.28 168.28 142.18 153.89 156.21

XKLS:0306 vs LIN, SHW, ECL: Cash Conversion Cycle Comparison

For the Specialty Chemicals subindustry, Smart Asia Chemical 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.


Smart Asia Chemical Bhd Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Smart Asia Chemical Bhd's Cash Conversion Cycle distribution charts can be found below:

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


XKLS:0306
31GF Score
Smart Asia Chemical Bhd XKLS:0306
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smart Asia Chemical 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.

Smart Asia Chemical 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
=110.6+146.74-58.99
=198.35

Smart Asia Chemical 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
=91.96+137.76-73.51
=156.21

* 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 156.21 mean?
Smart Asia Chemical Bhd (XKLS:0306) has a Cash Conversion Cycle of 156.21 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Smart Asia Chemical Bhd and its competitors.
Is Smart Asia Chemical Bhd's Cash Conversion Cycle too high?
Smart Asia Chemical Bhd's current Cash Conversion Cycle is 156.21. The Chemicals industry median Cash Conversion Cycle is 89.14. Smart Asia Chemical Bhd's value of 156.21 is 75.2% above this industry median. Overall, Smart Asia Chemical Bhd has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Smart Asia Chemical Bhd's Cash Conversion Cycle compare to LIN and SHW?
Smart Asia Chemical Bhd's Cash Conversion Cycle of 156.21 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.14. Smart Asia Chemical Bhd's value of 156.21 is 75.2% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.14, based on 1,580 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. Smart Asia Chemical Bhd's current Cash Conversion Cycle of 156.21 is 75.2% 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 Smart Asia Chemical Bhd and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Asia Chemical Bhd's current Cash Conversion Cycle is 156.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Asia Chemical Bhd stock overvalued right now?
Smart Asia Chemical Bhd (XKLS:0306) has a current Cash Conversion Cycle of 156.21. The current Cash Conversion Cycle is 156.21 and 75.2% above the Chemicals industry median of 89.14. Smart Asia Chemical Bhd's overall GF Score™ is 31/100 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 Smart Asia Chemical Bhd (XKLS:0306), the current Cash Conversion Cycle is 156.21 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.

Smart Asia Chemical Bhd Business Description

Address No. 11, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
Smart Asia Chemical Bhd is an investment holding company. Through its subsidiaries, it is involved in the development, manufacturing, distribution, and sale of decorative paints and protective coatings for household and industrial applications. Also involved in the development, manufacturing, distribution and sale of related products, namely colourants, and binding and coating chemicals; sale and trading of painting tools and accessories, aerosol spray paints and other related products to complement decorative paints and protective coatings offerings, ODM services of decorative paints, protective coatings as well as binding and coating chemicals for third party brand owners. Company has three segments manufacturing, sale and trading and other.
31GF Score

Get the complete analysis for XKLS:0306

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

RM0.18
Price