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Vanachai Group PCL's Days Sales Outstanding for the
three
months ended in Jun. 2026 was 28.51.
Vanachai Group PCL's Days Inventory for the
three
months ended in Jun. 2026 was 151.32.
Vanachai Group PCL's Days Payable for the
three
months ended in Jun. 2026 was 24.31.
Therefore, Vanachai Group PCL's Cash Conversion Cycle (CCC) for the
three
months ended in Jun. 2026 was 155.52.
Vanachai Group PCL (BKK:VNG-F) 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.
Vanachai Group PCL Cash Conversion Cycle Related Terms
Vanachai Group PCL Cash Conversion Cycle Historical Data
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The historical data trend for Vanachai Group 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:VNG-F vs SSD, UFPI, BCC: Cash Conversion Cycle Comparison
For the Lumber & Wood Production subindustry, Vanachai Group 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.
Vanachai Group PCL Cash Conversion Cycle vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Vanachai Group PCL's Cash Conversion Cycle falls into.
Vanachai Group 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.
Vanachai Group PCL'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.
Vanachai Group PCL (BKK:VNG-F) has a Cash Conversion Cycle of 155.52 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vanachai Group PCL and its competitors.
Is Vanachai Group PCL's Cash Conversion Cycle too high?
Vanachai Group PCL's current Cash Conversion Cycle is 155.52. The Forest Products industry median Cash Conversion Cycle is 88.40. Vanachai Group PCL's value of 155.52 is 75.9% above this industry median. Overall, Vanachai Group PCL has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Vanachai Group PCL's Cash Conversion Cycle compare to SSD and UFPI?
Vanachai Group PCL's Cash Conversion Cycle of 155.52 can be compared against companies in the Forest Products industry. The industry median Cash Conversion Cycle is 88.40. Vanachai Group PCL's value of 155.52 is 75.9% 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 Forest Products company?
The median Cash Conversion Cycle among Forest Products companies is 88.40, based on 282 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. Vanachai Group PCL's current Cash Conversion Cycle of 155.52 is 75.9% 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 Vanachai Group PCL and its competitors. For the Forest Products industry, the median Cash Conversion Cycle is 88.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanachai Group PCL's current Cash Conversion Cycle is 155.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanachai Group PCL stock overvalued right now?
Vanachai Group PCL (BKK:VNG-F) has a current Cash Conversion Cycle of 155.52. The stock's GF Value™ is ฿13.52, compared to a current price of ฿12.63 — trading 6.6% below its estimated fair value. The current Cash Conversion Cycle is 155.52 and 75.9% above the Forest Products industry median of 88.40. Vanachai Group PCL's overall GF Score™ is 65/100 with 7 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 Vanachai Group PCL (BKK:VNG-F), the current Cash Conversion Cycle is 155.52 as of Jun. 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 Vanachai Group PCL (BKK:VNG-F) Overvalued in 2026?
Based on GuruFocus' analysis, Vanachai Group PCL stock appears to be undervalued.
The current stock price of ฿12.63 is trading 6.6% below its estimated GF Value™ of ฿13.52.
Key valuation signals for BKK:VNG-F:
Cash Conversion Cycle: 155.52
GF Value™: ฿13.52 vs. price of ฿12.63 (6.6% below fair value)
Industry Position: 75.9% above the Forest Products median
No single metric tells the full story. See the BKK:VNG-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vanachai Group PCL is a Thailand-based company. The principal activities of the company and its subsidiaries involve the production and distribution of wood plates, MDF boards, Particle boards, Doorskin, and Malamine on wood plates. The company creates wood-based goods such as particleboards, medium-density fiberboards (MDF boards), Doorskin, and melamine laminated particleboards, which are distributed to both domestic and international markets. It also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.
65GF Score
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