Cho Thavee PCL's Days Sales Outstanding for the
three
months ended in Sep. 2025 was 453.43.
Cho Thavee PCL's Days Inventory for the
three
months ended in Sep. 2025 was 149.74.
Cho Thavee PCL's Days Payable for the
three
months ended in Sep. 2025 was 166.79.
Therefore, Cho Thavee PCL's Cash Conversion Cycle (CCC) for the
three
months ended in Sep. 2025 was 436.38.
Cho Thavee PCL (BKK:CHO) 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.
Cho Thavee PCL Cash Conversion Cycle Related Terms
Cho Thavee PCL Cash Conversion Cycle Historical Data
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The historical data trend for Cho Thavee PCL'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.
BKK:CHO vs CAT, DE, PCAR: Cash Conversion Cycle Comparison
For the Farm & Heavy Construction Machinery subindustry, Cho Thavee PCL'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.
Cho Thavee PCL Cash Conversion Cycle vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Cho Thavee PCL's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Cho Thavee PCL'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.
Cho Thavee PCL's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 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.
Cho Thavee PCL (BKK:CHO) has a Cash Conversion Cycle of 436.38 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Cho Thavee PCL and its competitors.
Is Cho Thavee PCL's Cash Conversion Cycle too high?
Cho Thavee PCL's current Cash Conversion Cycle is 436.38. The Farm & Heavy Construction Machinery industry median Cash Conversion Cycle is 126.85. Cho Thavee PCL's value of 436.38 is 244% above this industry median.
How does Cho Thavee PCL's Cash Conversion Cycle compare to CAT and DE?
Cho Thavee PCL's Cash Conversion Cycle of 436.38 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Cash Conversion Cycle is 126.85. Cho Thavee PCL's value of 436.38 is 244% 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 Farm & Heavy Construction Machinery company?
The median Cash Conversion Cycle among Farm & Heavy Construction Machinery companies is 126.85, based on 209 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. Cho Thavee PCL's current Cash Conversion Cycle of 436.38 is 244% 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 Cho Thavee PCL and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cash Conversion Cycle is 126.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cho Thavee PCL's current Cash Conversion Cycle is 436.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cho Thavee PCL stock overvalued right now?
Based on GuruFocus' analysis, Cho Thavee PCL (BKK:CHO) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.05, compared to a current price of ฿0.02 — trading 60% below its estimated fair value. The current Cash Conversion Cycle is 436.38 and 244% above the Farm & Heavy Construction Machinery industry median of 126.85. 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 Cho Thavee PCL (BKK:CHO), the current Cash Conversion Cycle is 436.38 as of Sep. 2025. 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.
Cho Thavee PCL along with its subsidiaries engages in the manufacturing, selling and providing service of trailer assembly, vehicles, and special equipment. The company's products comprise standard products, which include trucks, semi-trailer, full-trailer; and other related products. Its segments include deriving revenue from contracts such as standard products, special products and project contract; revenue from sales such as the sale of spare parts and vehicle prototype; and revenue from service such as maintenance service centre. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.
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