Croesus IT Holdings Sdn Bhd (XKLS:03066) 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.
Croesus IT Holdings Sdn Bhd Cash Conversion Cycle Related Terms
Croesus IT Holdings Sdn Bhd Cash Conversion Cycle Historical Data
* 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.
Croesus IT Holdings Sdn Bhd Cash Conversion Cycle Chart
Croesus IT Holdings Sdn Bhd Annual Data
Trend
Dec23
Dec24
Dec25
Cash Conversion Cycle
14.02
34.67
23.69
Croesus IT Holdings Sdn Bhd Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Cash Conversion Cycle
0.00
21.22
45.12
43.53
4.29
XKLS:03066 vs IBM, ACN, FISV: Cash Conversion Cycle Comparison
For the Information Technology Services subindustry, Croesus IT Holdings Sdn 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.
Croesus IT Holdings Sdn Bhd Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, Croesus IT Holdings Sdn Bhd's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Croesus IT Holdings Sdn Bhd's Cash Conversion Cycle falls into.
Croesus IT Holdings Sdn 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.
Croesus IT Holdings Sdn 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.
Croesus IT Holdings Sdn Bhd (XKLS:03066) has a Cash Conversion Cycle of 4.29 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Croesus IT Holdings Sdn Bhd and its competitors.
Is Croesus IT Holdings Sdn Bhd's Cash Conversion Cycle too high?
Croesus IT Holdings Sdn Bhd's current Cash Conversion Cycle is 4.29. The Software industry median Cash Conversion Cycle is 32.25. Croesus IT Holdings Sdn Bhd's value of 4.29 is 86.7% below this industry median. Overall, Croesus IT Holdings Sdn Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Croesus IT Holdings Sdn Bhd's Cash Conversion Cycle compare to IBM and ACN?
Croesus IT Holdings Sdn Bhd's Cash Conversion Cycle of 4.29 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. Croesus IT Holdings Sdn Bhd's value of 4.29 is 86.7% below 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.25, based on 2,805 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. Croesus IT Holdings Sdn Bhd's current Cash Conversion Cycle of 4.29 is 86.7% below 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 Croesus IT Holdings Sdn Bhd and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Croesus IT Holdings Sdn Bhd's current Cash Conversion Cycle is 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Croesus IT Holdings Sdn Bhd stock overvalued right now?
Croesus IT Holdings Sdn Bhd (XKLS:03066) has a current Cash Conversion Cycle of 4.29. The current Cash Conversion Cycle is 4.29 and 86.7% below the Software industry median of 32.25. Croesus IT Holdings Sdn Bhd's overall GF Score™ is 19/100 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 Croesus IT Holdings Sdn Bhd (XKLS:03066), the current Cash Conversion Cycle is 4.29 as of Dec. 2025. 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.
Croesus IT Holdings Sdn Bhd is an investment holding company. The company, along with its subsidiaries, provides enterprise software solutions offering third party and proprietary enterprise software solutions, including software licensing, software customisation and maintenance, as well as providing a supply of hardware, hardware hosting and support. It derives the majority of its revenue from Professional services, which include IT consulting, training, system integration, software customisation and upgrade as well as software implementation of third party or proprietary enterprise software solutions. Geographically, the company generates the maximum revenue from Malaysia.
19GF Score
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