Harrisons Holdings (Malaysia) Bhd (XKLS:5008) 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.
Harrisons Holdings (Malaysia) Bhd Cash Conversion Cycle Related Terms
Harrisons Holdings (Malaysia) 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.
Harrisons Holdings (Malaysia) Bhd Cash Conversion Cycle Chart
XKLS:5008 vs GWW, FAST, FERG: Cash Conversion Cycle Comparison
For the Industrial Distribution subindustry, Harrisons Holdings (Malaysia) 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.
Harrisons Holdings (Malaysia) Bhd Cash Conversion Cycle vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Harrisons Holdings (Malaysia) Bhd's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Harrisons Holdings (Malaysia) Bhd's Cash Conversion Cycle falls into.
Harrisons Holdings (Malaysia) 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.
* 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.
Harrisons Holdings (Malaysia) Bhd (XKLS:5008) has a Cash Conversion Cycle of 65.75 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Harrisons Holdings (Malaysia) Bhd and its competitors.
Is Harrisons Holdings (Malaysia) Bhd's Cash Conversion Cycle too high?
Harrisons Holdings (Malaysia) Bhd's current Cash Conversion Cycle is 65.75. The Industrial Distribution industry median Cash Conversion Cycle is 98.40. Harrisons Holdings (Malaysia) Bhd's value of 65.75 is 33.2% below this industry median. Overall, Harrisons Holdings (Malaysia) Bhd has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harrisons Holdings (Malaysia) Bhd's Cash Conversion Cycle compare to GWW and FAST?
Harrisons Holdings (Malaysia) Bhd's Cash Conversion Cycle of 65.75 can be compared against companies in the Industrial Distribution industry. The industry median Cash Conversion Cycle is 98.40. Harrisons Holdings (Malaysia) Bhd's value of 65.75 is 33.2% 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 an Industrial Distribution company?
The median Cash Conversion Cycle among Industrial Distribution companies is 98.40, based on 156 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. Harrisons Holdings (Malaysia) Bhd's current Cash Conversion Cycle of 65.75 is 33.2% 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 Harrisons Holdings (Malaysia) Bhd and its competitors. For the Industrial Distribution industry, the median Cash Conversion Cycle is 98.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harrisons Holdings (Malaysia) Bhd's current Cash Conversion Cycle is 65.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrisons Holdings (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd (XKLS:5008) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.63, compared to a current price of RM1.27 — trading 22.1% below its estimated fair value. The current Cash Conversion Cycle is 65.75 and 33.2% below the Industrial Distribution industry median of 98.40. Harrisons Holdings (Malaysia) Bhd's overall GF Score™ is 68/100 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008), the current Cash Conversion Cycle is 65.75 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Overvalued in 2026?
Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd stock appears to be undervalued.
The current stock price of RM1.27 is trading 22.1% below its estimated GF Value™ of RM1.63.
GuruFocus considers Harrisons Holdings (Malaysia) Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5008:
Cash Conversion Cycle: 65.75
GF Value™: RM1.63 vs. price of RM1.27 (22.1% below fair value)
Industry Position: 33.2% below the Industrial Distribution median
No single metric tells the full story. See the XKLS:5008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harrisons Holdings (Malaysia) Bhd Business Description
Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. The Group operates in four key geographical segments within Malaysia, namely Sabah, Sarawak, Peninsular Malaysia and Others. The Sabah, Sarawak and Peninsular Malaysia segments comprise the trading and distribution of consumer products, building materials, industrial and agricultural chemical products, as well as the provision of insurance and shipping services within their respective geographical markets. The Others segment includes the trading and distribution of liquor products, as well as the provision of travel agency services, property rental, and the retailing of consumer goods.
68GF Score
Get the complete analysis for XKLS:5008
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5008 has been successfully added to your 
