IGB Bhd (XKLS:5606) Cash Conversion Cycle: 117.87 (As of Mar. 2026)


XKLS:5606 IGB Bhd XKLS:5606
79 GF Score
Price RM2.42
GF Value RM1.81
Valuation Significantly Overvalued
! 5 Warning Signs
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What is IGB Bhd Cash Conversion Cycle?

IGB Bhd XKLS:5606 +2.11% 79 Cash Conversion Cycle is 117.87 as of Mar. 2026. GuruFocus rates XKLS:5606 with a GF Score™ of 79/100 and a GF Value™ of RM1.81 (Significantly Overvalued). The stock has 5 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.

IGB Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 28.14.
IGB Bhd's Days Inventory for the three months ended in Mar. 2026 was 267.74.
IGB Bhd's Days Payable for the three months ended in Mar. 2026 was 178.01.
Therefore, IGB Bhd's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 117.87.


IGB Bhd  (XKLS:5606) 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.


IGB Bhd Cash Conversion Cycle Related Terms


IGB Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for IGB 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.

IGB Bhd Cash Conversion Cycle Chart

IGB Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 302.10 311.96 288.82 251.62 200.45

IGB 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 93.85 -17.79 -14.13 94.78 117.87

XKLS:5606 vs CBRE, BEKE, JLL: Cash Conversion Cycle Comparison

For the Real Estate Services subindustry, IGB 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.


IGB Bhd Cash Conversion Cycle vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IGB Bhd's Cash Conversion Cycle distribution charts can be found below:

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


XKLS:5606
79GF Score
IGB Bhd XKLS:5606
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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IGB 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.

IGB Bhd's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=16.6+253.61-69.76
=200.45

IGB 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
=28.14+267.74-178.01
=117.87

* 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 117.87 mean?
IGB Bhd (XKLS:5606) has a Cash Conversion Cycle of 117.87 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on IGB Bhd and its competitors.
Is IGB Bhd's Cash Conversion Cycle too high?
IGB Bhd's current Cash Conversion Cycle is 117.87. The Real Estate industry median Cash Conversion Cycle is 321.71. IGB Bhd's value of 117.87 is 63.4% below this industry median. Overall, IGB Bhd has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGB Bhd's Cash Conversion Cycle compare to CBRE and BEKE?
IGB Bhd's Cash Conversion Cycle of 117.87 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 321.71. IGB Bhd's value of 117.87 is 63.4% 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 321.71, based on 1,731 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. IGB Bhd's current Cash Conversion Cycle of 117.87 is 63.4% 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 IGB Bhd and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 321.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Bhd's current Cash Conversion Cycle is 117.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Bhd stock overvalued right now?
Based on GuruFocus' analysis, IGB Bhd (XKLS:5606) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.81, compared to a current price of RM2.42 — trading 33.7% above its estimated fair value. The current Cash Conversion Cycle is 117.87 and 63.4% below the Real Estate industry median of 321.71. IGB Bhd's overall GF Score™ is 79/100 with 5 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 IGB Bhd (XKLS:5606), the current Cash Conversion Cycle is 117.87 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 IGB Bhd (XKLS:5606) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Bhd stock appears to be overvalued. The current stock price of RM2.42 is trading 33.7% above its estimated GF Value™ of RM1.81. GuruFocus considers IGB Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5606:

  • Cash Conversion Cycle: 117.87
  • GF Value™: RM1.81 vs. price of RM2.42 (33.7% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 63.4% below the Real Estate median

No single metric tells the full story. See the XKLS:5606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Bhd Business Description

Address Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, MYS, 59200
IGB Bhd is an investment holding company that engages in the provision of management services in Malaysia. It operates through the following segments which includes Property investment- retail, Property investment- commercial, Hotel segment, Property development segment, and construction. It makes the majority of the revenue from the Property investment- retail segment. The company also provides hotel management, building and maintenance, and exhibition services; owns and operates malls, and educational institutions.
79GF Score

Get the complete analysis for XKLS:5606

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

RM2.42
Price
RM1.81
GF Value