Airports of Vietnam (HSTC:ACV) Cash Conversion Cycle: 39.41 (As of Dec. 2025)


HSTC:ACV Airports Corp. of Vietnam HSTC:ACV
88 GF Score
Price ₫43,600.00
GF Value ₫106,857.17
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Airports of Vietnam Cash Conversion Cycle?

Airports of Vietnam HSTC:ACV -0.23% 88 Cash Conversion Cycle is 39.41 as of Dec. 2025. GuruFocus rates HSTC:ACV with a GF Score™ of 88/100 and a GF Value™ of ₫106,857.17 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Airports of Vietnam's Days Sales Outstanding for the three months ended in Dec. 2025 was 96.82.
Airports of Vietnam's Days Inventory for the three months ended in Dec. 2025 was 9.25.
Airports of Vietnam's Days Payable for the three months ended in Dec. 2025 was 66.66.
Therefore, Airports of Vietnam's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 39.41.


Airports of Vietnam  (HSTC:ACV) 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.


Airports of Vietnam Cash Conversion Cycle Related Terms


Airports of Vietnam Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Airports of Vietnam'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.

Airports of Vietnam Cash Conversion Cycle Chart

Airports of Vietnam 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 168.03 99.20 112.84 113.68 49.38

Airports of Vietnam Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 140.25 104.94 94.96 56.50 39.41

HSTC:ACV vs JOBY, CAAP: Cash Conversion Cycle Comparison

For the Airports & Air Services subindustry, Airports of Vietnam'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.


Airports of Vietnam Cash Conversion Cycle vs Transportation Industry

For the Transportation industry and Industrials sector, Airports of Vietnam's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Airports of Vietnam's Cash Conversion Cycle falls into.


HSTC:ACV
88GF Score
Airports Corp. of Vietnam HSTC:ACV
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Airports of Vietnam 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.

Airports of Vietnam'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
=121.38+11.42-83.42
=49.38

Airports of Vietnam's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=96.82+9.25-66.66
=39.41

* 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 39.41 mean?
Airports of Vietnam (HSTC:ACV) has a Cash Conversion Cycle of 39.41 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Airports of Vietnam and its competitors.
Is Airports of Vietnam's Cash Conversion Cycle too high?
Airports of Vietnam's current Cash Conversion Cycle is 39.41. The Transportation industry median Cash Conversion Cycle is 20.28. Airports of Vietnam's value of 39.41 is 94.3% above this industry median. Overall, Airports of Vietnam has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airports of Vietnam's Cash Conversion Cycle compare to JOBY and CAAP?
Airports of Vietnam's Cash Conversion Cycle of 39.41 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.28. Airports of Vietnam's value of 39.41 is 94.3% 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 Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.28, based on 999 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. Airports of Vietnam's current Cash Conversion Cycle of 39.41 is 94.3% 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 Airports of Vietnam and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports of Vietnam's current Cash Conversion Cycle is 39.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports of Vietnam stock overvalued right now?
Based on GuruFocus' analysis, Airports of Vietnam (HSTC:ACV) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫106,857.17, compared to a current price of ₫43,600.00 — trading 59.2% below its estimated fair value. The current Cash Conversion Cycle is 39.41 and 94.3% above the Transportation industry median of 20.28. Airports of Vietnam's overall GF Score™ is 88/100 with 1 warning sign 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 Airports of Vietnam (HSTC:ACV), the current Cash Conversion Cycle is 39.41 as of Dec. 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.

Is Airports of Vietnam (HSTC:ACV) Overvalued in 2026?

Based on GuruFocus' analysis, Airports of Vietnam stock appears to be undervalued. The current stock price of ₫43,600.00 is trading 59.2% below its estimated GF Value™ of ₫106,857.17. GuruFocus considers Airports of Vietnam to be Significantly Undervalued.

Key valuation signals for HSTC:ACV:

  • Cash Conversion Cycle: 39.41
  • GF Value™: ₫106,857.17 vs. price of ₫43,600.00 (59.2% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 94.3% above the Transportation median

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


Airports of Vietnam Business Description

Address No. 58 Truong Son, Ward 2, Tan Binh District, Ho Chi Minh, VNM
Airports Corp. of Vietnam is engaged in managing international and domestic airports. The company is involved in investment, management of capital investments, direct manufacturing at airports, and aerodromes; Provision of services of aviation safety; Supply of technical services, science and technology services both domestic and offshore areas; and other related activities.
88GF Score

Get the complete analysis for HSTC:ACV

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

₫43,600.00
Price
₫106,857.17
GF Value