Berjaya Assets Bhd (XKLS:3239) Cash Conversion Cycle: 60.69 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:3239 Berjaya Assets Bhd XKLS:3239
20 GF Score
Price RM0.30
GF Value RM0.36
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Berjaya Assets Bhd Cash Conversion Cycle?

Berjaya Assets Bhd XKLS:3239 -1.67% 20 Cash Conversion Cycle is 60.69 as of Mar. 2026. GuruFocus rates XKLS:3239 with a GF Score™ of 20/100 and a GF Value™ of RM0.36 (Modestly Undervalued). The stock has 4 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.

Berjaya Assets Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 60.69.
Berjaya Assets Bhd's Days Inventory for the three months ended in Mar. 2026 was 0.
Berjaya Assets Bhd's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, Berjaya Assets Bhd's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 60.69.


Berjaya Assets Bhd  (XKLS:3239) 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.


Berjaya Assets Bhd Cash Conversion Cycle Related Terms


Berjaya Assets Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Berjaya Assets 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.

Berjaya Assets Bhd Cash Conversion Cycle Chart

Berjaya Assets Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,047.08 1,148.09 901.30 900.76 930.52

Berjaya Assets Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.07 37.25 37.07 56.41 60.69

XKLS:3239 vs HON, MMM: Cash Conversion Cycle Comparison

For the Conglomerates subindustry, Berjaya Assets 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.


Berjaya Assets Bhd Cash Conversion Cycle vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Berjaya Assets Bhd's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Berjaya Assets Bhd's Cash Conversion Cycle falls into.


XKLS:3239
20GF Score
Berjaya Assets Bhd XKLS:3239
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berjaya Assets 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.

Berjaya Assets Bhd's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=20.5+1013.42-103.4
=930.52

Berjaya Assets 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
=60.69+0-0
=60.69

* 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 60.69 mean?
Berjaya Assets Bhd (XKLS:3239) has a Cash Conversion Cycle of 60.69 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Berjaya Assets Bhd and its competitors.
Is Berjaya Assets Bhd's Cash Conversion Cycle too high?
Berjaya Assets Bhd's current Cash Conversion Cycle is 60.69. The Conglomerates industry median Cash Conversion Cycle is 70.99. Berjaya Assets Bhd's value of 60.69 is 14.5% below this industry median. Overall, Berjaya Assets Bhd has a GF Score™ of 20/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berjaya Assets Bhd's Cash Conversion Cycle compare to HON and MMM?
Berjaya Assets Bhd's Cash Conversion Cycle of 60.69 can be compared against companies in the Conglomerates industry. The industry median Cash Conversion Cycle is 70.99. Berjaya Assets Bhd's value of 60.69 is 14.5% 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 Conglomerates company?
The median Cash Conversion Cycle among Conglomerates companies is 70.99, based on 551 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. Berjaya Assets Bhd's current Cash Conversion Cycle of 60.69 is 14.5% 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 Berjaya Assets Bhd and its competitors. For the Conglomerates industry, the median Cash Conversion Cycle is 70.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berjaya Assets Bhd's current Cash Conversion Cycle is 60.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berjaya Assets Bhd stock overvalued right now?
Based on GuruFocus' analysis, Berjaya Assets Bhd (XKLS:3239) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.36, compared to a current price of RM0.30 — trading 18.1% below its estimated fair value. The current Cash Conversion Cycle is 60.69 and 14.5% below the Conglomerates industry median of 70.99. Berjaya Assets Bhd's overall GF Score™ is 20/100 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 Berjaya Assets Bhd (XKLS:3239), the current Cash Conversion Cycle is 60.69 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.

Is Berjaya Assets Bhd (XKLS:3239) Overvalued in 2026?

Based on GuruFocus' analysis, Berjaya Assets Bhd stock appears to be undervalued. The current stock price of RM0.30 is trading 18.1% below its estimated GF Value™ of RM0.36. GuruFocus considers Berjaya Assets Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3239:

  • Cash Conversion Cycle: 60.69
  • GF Value™: RM0.36 vs. price of RM0.30 (18.1% below fair value)
  • GF Score™: 20/100 with 4 warning signs
  • Industry Position: 14.5% below the Conglomerates median

No single metric tells the full story. See the XKLS:3239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Berjaya Assets Bhd Business Description

Address No. 1 Jalan Imbi, Berjaya Times Square, Level 12, Kuala Lumpur, SGR, MYS, 55100
Berjaya Assets Bhd is an investment holding company. The company's business segments are gaming and related activities, Property development and property investment, and Recreation and others. Group operates various forecast lotteries in Sarawak, as well as provides lottery consultancy and related services. It is also involved in the investment and development of properties; operation of a hotel, theme park, and car park; management of a ferry terminal; and leasing of a theatre, as well as general trading and provision of commission agency services. Business activity of Berjaya is predominantly functioned through Malaysia. The company generates maximum revenue from Property development and property investment segment.
20GF Score

Get the complete analysis for XKLS:3239

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.30
Price
RM0.36
GF Value