ICT Zone Asia Bhd's Days Sales Outstanding for the
six
months ended in Jan. 2026 was 78.3.
ICT Zone Asia Bhd's Days Inventory for the
six
months ended in Jan. 2026 was 3.38.
ICT Zone Asia Bhd's Days Payable for the
six
months ended in Jan. 2026 was 99.11.
Therefore, ICT Zone Asia Bhd's Cash Conversion Cycle (CCC) for the
six
months ended in Jan. 2026 was -17.43.
ICT Zone Asia Bhd (XKLS:0358) 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.
ICT Zone Asia Bhd Cash Conversion Cycle Related Terms
ICT Zone Asia Bhd Cash Conversion Cycle Historical Data
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The historical data trend for ICT Zone Asia 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.
XKLS:0358 vs IBM, ACN, FISV: Cash Conversion Cycle Comparison
For the Information Technology Services subindustry, ICT Zone Asia 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.
ICT Zone Asia Bhd Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, ICT Zone Asia Bhd's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where ICT Zone Asia Bhd's Cash Conversion Cycle falls into.
ICT Zone Asia 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.
ICT Zone Asia Bhd's Cash Conversion Cycle for the fiscal year that ended in Jan. 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.
ICT Zone Asia Bhd (XKLS:0358) has a Cash Conversion Cycle of -17.43 as of Jan. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ICT Zone Asia Bhd and its competitors.
Is ICT Zone Asia Bhd's Cash Conversion Cycle too high?
ICT Zone Asia Bhd's current Cash Conversion Cycle is -17.43. Overall, ICT Zone Asia Bhd has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICT Zone Asia Bhd's Cash Conversion Cycle compare to IBM and ACN?
ICT Zone Asia Bhd's Cash Conversion Cycle of -17.43 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. 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. 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 ICT Zone Asia 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. ICT Zone Asia Bhd's current Cash Conversion Cycle is -17.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICT Zone Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, ICT Zone Asia Bhd (XKLS:0358) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.37, compared to a current price of RM0.20 — trading 45.9% below its estimated fair value. The current Cash Conversion Cycle is -17.43. ICT Zone Asia Bhd's overall GF Score™ is 63/100 with 6 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 ICT Zone Asia Bhd (XKLS:0358), the current Cash Conversion Cycle is -17.43 as of Jan. 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.
Is ICT Zone Asia Bhd (XKLS:0358) Overvalued in 2026?
Based on GuruFocus' analysis, ICT Zone Asia Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 45.9% below its estimated GF Value™ of RM0.37.
GuruFocus considers ICT Zone Asia Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0358:
Cash Conversion Cycle: -17.43
GF Value™: RM0.37 vs. price of RM0.20 (45.9% below fair value)
No single metric tells the full story. See the XKLS:0358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICT Zone Asia Bhd is an investment holding company. Along with its subsidiaries, it operates in the following business segments: the Technology financing segment, which involves operating leases of ICT hardware and software; the Trading of ICT hardware and software segment includes outright sales of ICT hardware and software and disposal of ICT assets; Provision of ICT services segment is involved in providing corrective and preventative ICT maintenance services; Provision of cloud solution and services segment offers customised cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution; and Others. Maximum revenue for the group is generated from the Technology financing segment. Geographically, it generates maximum revenue from Malaysia.
63GF Score
Get the complete analysis for XKLS:0358
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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