Northern Solar Holdings Bhd's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 152.45.
Northern Solar Holdings Bhd's Days Inventory for the
three
months ended in Mar. 2026 was 97.23.
Northern Solar Holdings Bhd's Days Payable for the
three
months ended in Mar. 2026 was 132.99.
Therefore, Northern Solar Holdings Bhd's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 116.69.
Northern Solar Holdings Bhd (XKLS:0340) 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.
Northern Solar Holdings Bhd Cash Conversion Cycle Related Terms
Northern Solar Holdings 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.
Northern Solar Holdings Bhd Cash Conversion Cycle Chart
XKLS:0340 vs FSLR, NXT, ENPH: Cash Conversion Cycle Comparison
For the Solar subindustry, Northern Solar 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.
Northern Solar Holdings Bhd Cash Conversion Cycle vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Northern Solar Holdings Bhd's Cash Conversion Cycle falls into.
Northern Solar 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.
Northern Solar Holdings Bhd's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
Northern Solar Holdings Bhd (XKLS:0340) has a Cash Conversion Cycle of 116.69 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Northern Solar Holdings Bhd and its competitors.
Is Northern Solar Holdings Bhd's Cash Conversion Cycle too high?
Northern Solar Holdings Bhd's current Cash Conversion Cycle is 116.69. The Semiconductors industry median Cash Conversion Cycle is 116.11. Northern Solar Holdings Bhd's value of 116.69 is 0.5% above this industry median. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's Cash Conversion Cycle compare to FSLR and NXT?
Northern Solar Holdings Bhd's Cash Conversion Cycle of 116.69 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.11. Northern Solar Holdings Bhd's value of 116.69 is 0.5% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.11, based on 1,021 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. Northern Solar Holdings Bhd's current Cash Conversion Cycle of 116.69 is 0.5% 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 Northern Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current Cash Conversion Cycle is 116.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current Cash Conversion Cycle of 116.69. The current Cash Conversion Cycle is 116.69 and 0.5% above the Semiconductors industry median of 116.11. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 with 4 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 Northern Solar Holdings Bhd (XKLS:0340), the current Cash Conversion Cycle is 116.69 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.
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
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