Chemlite Innovation Bhd's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 106.6.
Chemlite Innovation Bhd's Days Inventory for the
three
months ended in Mar. 2026 was 118.81.
Chemlite Innovation Bhd's Days Payable for the
three
months ended in Mar. 2026 was 9.41.
Therefore, Chemlite Innovation Bhd's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 216.00.
Chemlite Innovation Bhd (XKLS:0348) 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.
Chemlite Innovation Bhd Cash Conversion Cycle Related Terms
Chemlite Innovation Bhd Cash Conversion Cycle Historical Data
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The historical data trend for Chemlite Innovation 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.
Chemlite Innovation Bhd Cash Conversion Cycle Chart
XKLS:0348 vs CRS, ATI, MLI: Cash Conversion Cycle Comparison
For the Metal Fabrication subindustry, Chemlite Innovation 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.
Chemlite Innovation Bhd Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chemlite Innovation Bhd's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Chemlite Innovation Bhd's Cash Conversion Cycle falls into.
Chemlite Innovation 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.
Chemlite Innovation 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.
Chemlite Innovation Bhd (XKLS:0348) has a Cash Conversion Cycle of 216.00 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Chemlite Innovation Bhd and its competitors.
Is Chemlite Innovation Bhd's Cash Conversion Cycle too high?
Chemlite Innovation Bhd's current Cash Conversion Cycle is 216.00. The Industrial Products industry median Cash Conversion Cycle is 122.24. Chemlite Innovation Bhd's value of 216.00 is 76.7% above this industry median. Overall, Chemlite Innovation Bhd has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Chemlite Innovation Bhd's Cash Conversion Cycle compare to CRS and ATI?
Chemlite Innovation Bhd's Cash Conversion Cycle of 216.00 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.24. Chemlite Innovation Bhd's value of 216.00 is 76.7% 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 Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.24, based on 3,031 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. Chemlite Innovation Bhd's current Cash Conversion Cycle of 216.00 is 76.7% 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 Chemlite Innovation Bhd and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemlite Innovation Bhd's current Cash Conversion Cycle is 216.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemlite Innovation Bhd stock overvalued right now?
Chemlite Innovation Bhd (XKLS:0348) has a current Cash Conversion Cycle of 216.00. The current Cash Conversion Cycle is 216.00 and 76.7% above the Industrial Products industry median of 122.24. Chemlite Innovation Bhd's overall GF Score™ is 20/100 with 3 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 Chemlite Innovation Bhd (XKLS:0348), the current Cash Conversion Cycle is 216.00 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.
Chemlite Innovation Bhd operates in the engineering support industry. It provide surface finishing treatment services to companies operating in the semiconductor and E&E industries. It specialises in the provision of metal plating services on intermediate metal products, plating a composition of multi-layer metal coatings. It also provide non-metal plating services on intermediate metal products, which include anodising and other non-metal plating services. The company operates in two business segments: Metal plating and Non-metal plating. Key revenue is generated from Metal plating, which includes the deposition of additional layers of metal coatings onto the surface of the intermediate metal products. It generates maximum revenue from Malaysia.
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