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Vicostone JSC (HSTC:VCS) Cash Conversion Cycle : 297.51 (As of Dec. 2024)


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What is Vicostone JSC Cash Conversion Cycle?

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

Vicostone JSC's Days Sales Outstanding for the three months ended in Dec. 2024 was 103.15.
Vicostone JSC's Days Inventory for the three months ended in Dec. 2024 was 210.91.
Vicostone JSC's Days Payable for the three months ended in Dec. 2024 was 16.55.
Therefore, Vicostone JSC's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 297.51.


Vicostone JSC Cash Conversion Cycle Historical Data

The historical data trend for Vicostone JSC'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.

* Premium members only.

Vicostone JSC Cash Conversion Cycle Chart

Vicostone JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 284.31 248.02 330.92 415.96 347.35

Vicostone JSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 398.84 381.51 318.81 350.84 297.51

Competitive Comparison of Vicostone JSC's Cash Conversion Cycle

For the Building Materials subindustry, Vicostone JSC'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.


Vicostone JSC's Cash Conversion Cycle Distribution in the Building Materials Industry

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

* The bar in red indicates where Vicostone JSC's Cash Conversion Cycle falls into.


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Vicostone JSC 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.

Vicostone JSC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=105.91+258.92-17.48
=347.35

Vicostone JSC's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=103.15+210.91-16.55
=297.51

* 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.


Vicostone JSC  (HSTC:VCS) 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.


Vicostone JSC Cash Conversion Cycle Related Terms

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Vicostone JSC Business Description

Traded in Other Exchanges
N/A
Address
Hoa Lac Hi-Tech Park, Thach Hoa commune, Thach That District, Hanoi, VNM
Vicostone JSC is a manufacturer of construction fixtures and materials in Vietnam. Its products include quartz-resin based compound stone, marble-cement, and granite-cement tile and slab and among others. Its products are used in various interior applications, such as kitchen countertops, bathroom vanities, wall paneling, and flooring.

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