Tipco Asphalt PCL (BKK:TASCO-R) Cash Conversion Cycle: 115.74 (As of Mar. 2026)


BKK:TASCO-R Tipco Asphalt PCL BKK:TASCO-R
83 GF Score
Price ฿13.09
GF Value ฿13.22
! 6 Warning Signs
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What is Tipco Asphalt PCL Cash Conversion Cycle?

Tipco Asphalt PCL BKK:TASCO-R 83 Cash Conversion Cycle is 115.74 as of Mar. 2026. GuruFocus rates BKK:TASCO-R with a GF Score™ of 83/100 and a GF Value™ of ฿13.22. The stock has 6 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.

Tipco Asphalt PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 65.03.
Tipco Asphalt PCL's Days Inventory for the three months ended in Mar. 2026 was 76.99.
Tipco Asphalt PCL's Days Payable for the three months ended in Mar. 2026 was 26.28.
Therefore, Tipco Asphalt PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 115.74.


Tipco Asphalt PCL  (BKK:TASCO-R) 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.


Tipco Asphalt PCL Cash Conversion Cycle Related Terms


Tipco Asphalt PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL Cash Conversion Cycle Chart

Tipco Asphalt PCL 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 110.57 101.88 105.73 120.80 127.32

Tipco Asphalt PCL 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 139.26 158.55 144.86 119.92 115.74

BKK:TASCO-R vs CRH, VMC, MLM: Cash Conversion Cycle Comparison

For the Building Materials subindustry, Tipco Asphalt 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.


Tipco Asphalt PCL Cash Conversion Cycle vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Tipco Asphalt PCL's Cash Conversion Cycle falls into.


BKK:TASCO-R
83GF Score
Tipco Asphalt PCL BKK:TASCO-R
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Tipco Asphalt PCL 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.

Tipco Asphalt PCL'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
=73.52+82.53-28.73
=127.32

Tipco Asphalt PCL'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
=65.03+76.99-26.28
=115.74

* 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 115.74 mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a Cash Conversion Cycle of 115.74 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Tipco Asphalt PCL and its competitors.
Is Tipco Asphalt PCL's Cash Conversion Cycle too high?
Tipco Asphalt PCL's current Cash Conversion Cycle is 115.74. The Building Materials industry median Cash Conversion Cycle is 75.87. Tipco Asphalt PCL's value of 115.74 is 52.6% above this industry median. Overall, Tipco Asphalt PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Cash Conversion Cycle compare to CRH and VMC?
Tipco Asphalt PCL's Cash Conversion Cycle of 115.74 can be compared against companies in the Building Materials industry. The industry median Cash Conversion Cycle is 75.87. Tipco Asphalt PCL's value of 115.74 is 52.6% 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 Building Materials company?
The median Cash Conversion Cycle among Building Materials companies is 75.87, based on 405 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. Tipco Asphalt PCL's current Cash Conversion Cycle of 115.74 is 52.6% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median Cash Conversion Cycle is 75.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current Cash Conversion Cycle is 115.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current Cash Conversion Cycle of 115.74. The stock's GF Value™ is ฿13.22, compared to a current price of ฿13.09 — trading 1% below its estimated fair value. The current Cash Conversion Cycle is 115.74 and 52.6% above the Building Materials industry median of 75.87. Tipco Asphalt PCL's overall GF Score™ is 83/100 with 6 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 Tipco Asphalt PCL (BKK:TASCO-R), the current Cash Conversion Cycle is 115.74 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be undervalued. The current stock price of ฿13.09 is trading 1% below its estimated GF Value™ of ฿13.22.

Key valuation signals for BKK:TASCO-R:

  • Cash Conversion Cycle: 115.74
  • GF Value™: ฿13.22 vs. price of ฿13.09 (1% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 52.6% above the Building Materials median

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


Tipco Asphalt PCL Business Description

Other Exchanges TASCO:ThailandNVP5:Germany
Address 118/1 Rama 6 Road, Tipco Tower 1, Phayathai Sub District, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
83GF Score

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

฿13.09
Price
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