Thriven Global Bhd (XKLS:7889) Cash Conversion Cycle: 114.59 (As of Mar. 2026)


What is Thriven Global Bhd Cash Conversion Cycle?

Thriven Global Bhd XKLS:7889 Cash Conversion Cycle is 114.59 as of Mar. 2026. 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.

Thriven Global Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 34.81.
Thriven Global Bhd's Days Inventory for the three months ended in Mar. 2026 was 353.38.
Thriven Global Bhd's Days Payable for the three months ended in Mar. 2026 was 273.6.
Therefore, Thriven Global Bhd's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 114.59.


Thriven Global Bhd  (XKLS:7889) 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.


Thriven Global Bhd Cash Conversion Cycle Related Terms


Thriven Global Bhd Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Thriven Global 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.

Thriven Global Bhd Cash Conversion Cycle Chart

Thriven Global 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 857.55 758.23 222.81 411.06 568.80

Thriven Global 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 437.97 65.48 182.16 319.30 114.59

Thriven Global Bhd Cash Conversion Cycle Competitor Comparison

For the Real Estate - Diversified subindustry, Thriven Global 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.


Thriven Global Bhd Cash Conversion Cycle vs Real Estate Industry

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

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



Thriven Global 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.

Thriven Global 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
=78.71+803.25-313.16
=568.80

Thriven Global 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
=34.81+353.38-273.6
=114.59

* 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 114.59 mean?
Thriven Global Bhd (XKLS:7889) has a Cash Conversion Cycle of 114.59 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Thriven Global Bhd and its competitors.
Is Thriven Global Bhd's Cash Conversion Cycle too high?
Thriven Global Bhd's current Cash Conversion Cycle is 114.59. The Real Estate industry median Cash Conversion Cycle is 321.71. Thriven Global Bhd's value of 114.59 is 64.4% below this industry median.
How does Thriven Global Bhd's Cash Conversion Cycle compare to competitors?
Thriven Global Bhd's Cash Conversion Cycle of 114.59 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 321.71. Thriven Global Bhd's value of 114.59 is 64.4% 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. Thriven Global Bhd's current Cash Conversion Cycle of 114.59 is 64.4% 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 Thriven Global 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. Thriven Global Bhd's current Cash Conversion Cycle is 114.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thriven Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thriven Global Bhd (XKLS:7889) is currently considered Fairly Valued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.08 — trading right at its estimated fair value. The current Cash Conversion Cycle is 114.59 and 64.4% below the Real Estate industry median of 321.71. 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 Thriven Global Bhd (XKLS:7889), the current Cash Conversion Cycle is 114.59 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.

Thriven Global Bhd Business Description

Address No. 2, Persiaran Tropicana, PJU 3, PS1-08, Lumi Tropicana, Petaling Jaya, SGR, MYS, 47410
Thriven Global Bhd operates as an investment holding company. It is engaged in the business of property development and property investment in Malaysia. The company operates through the segments, Property Development which is engaged in the development of residential and commercial properties. The Property Investment segment is engaged in the management and leasing of properties, Food and beverages, and investment holding activities. The company generates the majority of its revenue from the Property Development segment. The group operates only in Malaysia.