JS Solar Holding Bhd (XKLS:0369) Cash Conversion Cycle: 36.35 (As of Mar. 2026)


XKLS:0369 JS Solar Holding Bhd XKLS:0369
5 GF Score
Price RM0.19
! 6 Warning Signs
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What is JS Solar Holding Bhd Cash Conversion Cycle?

JS Solar Holding Bhd XKLS:0369 -2.56% 5 Cash Conversion Cycle is 36.35 as of Mar. 2026. GuruFocus rates XKLS:0369 with a GF Score™ of 5/100. The stock has 6 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.

JS Solar Holding Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 86.15.
JS Solar Holding Bhd's Days Inventory for the three months ended in Mar. 2026 was 39.06.
JS Solar Holding Bhd's Days Payable for the three months ended in Mar. 2026 was 88.86.
Therefore, JS Solar Holding Bhd's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 36.35.


JS Solar Holding Bhd  (XKLS:0369) 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.


JS Solar Holding Bhd Cash Conversion Cycle Related Terms


JS Solar Holding Bhd Cash Conversion Cycle Historical Data

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The historical data trend for JS Solar Holding 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.

JS Solar Holding Bhd Cash Conversion Cycle Chart

JS Solar Holding Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
257.41 35.08 13.51 8.94 9.96

JS Solar Holding Bhd Quarterly Data
Mar22 Mar23 Mar24 Mar25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial 0.00 0.00 26.98 33.59 36.35

JS Solar Holding Bhd Cash Conversion Cycle Competitor Comparison

For the Utilities - Renewable subindustry, JS Solar Holding 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.


JS Solar Holding Bhd Cash Conversion Cycle vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, JS Solar Holding Bhd's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where JS Solar Holding Bhd's Cash Conversion Cycle falls into.


XKLS:0369
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JS Solar Holding Bhd XKLS:0369
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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JS Solar Holding 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.

JS Solar Holding Bhd's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=94.03+40.31-124.38
=9.96

JS Solar Holding 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
=86.15+39.06-88.86
=36.35

* 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 36.35 mean?
JS Solar Holding Bhd (XKLS:0369) has a Cash Conversion Cycle of 36.35 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on JS Solar Holding Bhd and its competitors.
Is JS Solar Holding Bhd's Cash Conversion Cycle too high?
JS Solar Holding Bhd's current Cash Conversion Cycle is 36.35. The Utilities - Independent Power Producers industry median Cash Conversion Cycle is 25.34. JS Solar Holding Bhd's value of 36.35 is 43.4% above this industry median. Overall, JS Solar Holding Bhd has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does JS Solar Holding Bhd's Cash Conversion Cycle compare to competitors?
JS Solar Holding Bhd's Cash Conversion Cycle of 36.35 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 25.34. JS Solar Holding Bhd's value of 36.35 is 43.4% 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 Utilities - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 25.34, based on 416 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. JS Solar Holding Bhd's current Cash Conversion Cycle of 36.35 is 43.4% 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 JS Solar Holding Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 25.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JS Solar Holding Bhd's current Cash Conversion Cycle is 36.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JS Solar Holding Bhd stock overvalued right now?
JS Solar Holding Bhd (XKLS:0369) has a current Cash Conversion Cycle of 36.35. The current Cash Conversion Cycle is 36.35 and 43.4% above the Utilities - Independent Power Producers industry median of 25.34. JS Solar Holding Bhd's overall GF Score™ is 5/100 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 JS Solar Holding Bhd (XKLS:0369), the current Cash Conversion Cycle is 36.35 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.

JS Solar Holding Bhd Business Description

Address B-05, Jalan Delta U6/18, Taman Perindustrian Sunway Subang, Seksyen U6, Shah Alam, SGR, MYS
JS Solar Holding Bhd is principally an investment holding company. Through its Subsidiaries, it is principally involved in the provision of EPCC services and contracting services for solar PV systems. The company also complement its solar PV system projects through the provision of O&M services to assist its customers in operating and maintaining their solar PV systems.
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