Ajiya Bhd's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 103.12.
Ajiya Bhd's Days Inventory for the
three
months ended in Mar. 2026 was .
Ajiya Bhd's Days Payable for the
three
months ended in Mar. 2026 was .
Therefore, Ajiya Bhd's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 103.12.
Ajiya Bhd (XKLS:7609) 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.
Ajiya Bhd Cash Conversion Cycle Related Terms
Ajiya Bhd Cash Conversion Cycle Historical Data
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The historical data trend for Ajiya 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:7609 vs TT, JCI, CARR: Cash Conversion Cycle Comparison
For the Building Products & Equipment subindustry, Ajiya 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.
Ajiya Bhd Cash Conversion Cycle vs Construction Industry
For the Construction industry and Industrials sector, Ajiya Bhd's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Ajiya Bhd's Cash Conversion Cycle falls into.
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.
Ajiya Bhd's Cash Conversion Cycle for the fiscal year that ended in Dec. 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.
Ajiya Bhd (XKLS:7609) has a Cash Conversion Cycle of 103.12 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ajiya Bhd and its competitors.
Is Ajiya Bhd's Cash Conversion Cycle too high?
Ajiya Bhd's current Cash Conversion Cycle is 103.12. The Construction industry median Cash Conversion Cycle is 55.82. Ajiya Bhd's value of 103.12 is 84.7% above this industry median. Overall, Ajiya Bhd has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ajiya Bhd's Cash Conversion Cycle compare to TT and JCI?
Ajiya Bhd's Cash Conversion Cycle of 103.12 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. Ajiya Bhd's value of 103.12 is 84.7% 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 a Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, based on 1,762 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. Ajiya Bhd's current Cash Conversion Cycle of 103.12 is 84.7% 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 Ajiya Bhd and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajiya Bhd's current Cash Conversion Cycle is 103.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajiya Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ajiya Bhd (XKLS:7609) is currently considered Fairly Valued. The stock's GF Value™ is RM0.96, compared to a current price of RM1.03 — trading 7.3% above its estimated fair value. The current Cash Conversion Cycle is 103.12 and 84.7% above the Construction industry median of 55.82. Ajiya Bhd's overall GF Score™ is 63/100 with 3 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 Ajiya Bhd (XKLS:7609), the current Cash Conversion Cycle is 103.12 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 Ajiya Bhd (XKLS:7609) Overvalued in 2026?
Based on GuruFocus' analysis, Ajiya Bhd stock appears to be overvalued.
The current stock price of RM1.03 is trading 7.3% above its estimated GF Value™ of RM0.96.
GuruFocus considers Ajiya Bhd to be Fairly Valued.
Key valuation signals for XKLS:7609:
Cash Conversion Cycle: 103.12
GF Value™: RM0.96 vs. price of RM1.03 (7.3% above fair value)
Industry Position: 84.7% above the Construction median
No single metric tells the full story. See the XKLS:7609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ajiya Bhd is an investment holding. The principal activities include manufacturing and trading of roofing materials, manufacturing and trading of all kinds of glass, trading of building materials and investment holding. Its products are classified in two categories: Metal Division Metal roofing system, PU green series, steel truss system, structural products, metal door and window frame, metal sunshade/louvres, metal ceiling, and IBS-aligned building solutions: Glass Division Safety glass, tempered glass, laminated glass, Low-E coated glass, and Insulated Glass Units (IGU) for architectural and construction applications While it also has its presence in Thailand and Malaysia, Majority of its revenue is earned through the Malaysian market.
63GF Score
Get the complete analysis for XKLS:7609
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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