Union Plastic PCL (BKK:UP) Cash Conversion Cycle: 15.29 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:UP Union Plastic PCL BKK:UP
66 GF Score
Price ฿23.60
GF Value ฿16.77
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Union Plastic PCL Cash Conversion Cycle?

Union Plastic PCL BKK:UP 66 Cash Conversion Cycle is 15.29 as of Mar. 2026. GuruFocus rates BKK:UP with a GF Score™ of 66/100 and a GF Value™ of ฿16.77 (Significantly Overvalued). The stock has 4 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.

Union Plastic PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 45.86.
Union Plastic PCL's Days Inventory for the three months ended in Mar. 2026 was 22.64.
Union Plastic PCL's Days Payable for the three months ended in Mar. 2026 was 53.21.
Therefore, Union Plastic PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 15.29.


Union Plastic PCL  (BKK:UP) 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.


Union Plastic PCL Cash Conversion Cycle Related Terms


Union Plastic PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Union Plastic 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.

Union Plastic PCL Cash Conversion Cycle Chart

Union Plastic 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 27.54 40.51 31.36 18.59 18.65

Union Plastic 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 11.73 4.07 1.86 10.16 15.29

BKK:UP vs ORLY, AZO: Cash Conversion Cycle Comparison

For the Auto Parts subindustry, Union Plastic 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.


Union Plastic PCL Cash Conversion Cycle vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Union Plastic PCL's Cash Conversion Cycle distribution charts can be found below:

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


BKK:UP
66GF Score
Union Plastic PCL BKK:UP
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Plastic 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.

Union Plastic 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
=43.11+22.23-46.69
=18.65

Union Plastic 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
=45.86+22.64-53.21
=15.29

* 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 15.29 mean?
Union Plastic PCL (BKK:UP) has a Cash Conversion Cycle of 15.29 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Union Plastic PCL and its competitors.
Is Union Plastic PCL's Cash Conversion Cycle too high?
Union Plastic PCL's current Cash Conversion Cycle is 15.29. The Vehicles & Parts industry median Cash Conversion Cycle is 67.19. Union Plastic PCL's value of 15.29 is 77.2% below this industry median. Overall, Union Plastic PCL has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Plastic PCL's Cash Conversion Cycle compare to ORLY and AZO?
Union Plastic PCL's Cash Conversion Cycle of 15.29 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.19. Union Plastic PCL's value of 15.29 is 77.2% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.19, based on 1,321 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. Union Plastic PCL's current Cash Conversion Cycle of 15.29 is 77.2% 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 Union Plastic PCL and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Plastic PCL's current Cash Conversion Cycle is 15.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Union Plastic PCL (BKK:UP) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿16.77, compared to a current price of ฿23.60 — trading 40.7% above its estimated fair value. The current Cash Conversion Cycle is 15.29 and 77.2% below the Vehicles & Parts industry median of 67.19. Union Plastic PCL's overall GF Score™ is 66/100 with 4 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 Union Plastic PCL (BKK:UP), the current Cash Conversion Cycle is 15.29 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 Union Plastic PCL (BKK:UP) Overvalued in 2026?

Based on GuruFocus' analysis, Union Plastic PCL stock appears to be overvalued. The current stock price of ฿23.60 is trading 40.7% above its estimated GF Value™ of ฿16.77. GuruFocus considers Union Plastic PCL to be Significantly Overvalued.

Key valuation signals for BKK:UP:

  • Cash Conversion Cycle: 15.29
  • GF Value™: ฿16.77 vs. price of ฿23.60 (40.7% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 77.2% below the Vehicles & Parts median

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


Union Plastic PCL Business Description

Address 11/1 Soi Serithai 62, Minburi Sub-district, Minburi District, Bangkok, THA, 10510
Union Plastic PCL is engaged in the manufacturing and distribution of thermoplastics. The company is also involved in the contract manufacture and repair of molds. The reportable segments of company are Manufacture and distribution of thermoplastics and Contract manufacture and repair of molds. The group generates a majority of its revenue from the manufacture and distribution of thermoplastics business.
66GF Score

Get the complete analysis for BKK:UP

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

฿23.60
Price
฿16.77
GF Value