Vicplas International (SGX:569) Cash Conversion Cycle: 125.29 (As of Jan. 2026)

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What is Vicplas International Cash Conversion Cycle?

Vicplas International SGX:569 Cash Conversion Cycle is 125.29 as of Jan. 2026. The stock has 5 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.

Vicplas International's Days Sales Outstanding for the six months ended in Jan. 2026 was 85.86.
Vicplas International's Days Inventory for the six months ended in Jan. 2026 was 105.97.
Vicplas International's Days Payable for the six months ended in Jan. 2026 was 66.54.
Therefore, Vicplas International's Cash Conversion Cycle (CCC) for the six months ended in Jan. 2026 was 125.29.


Vicplas International  (SGX:569) 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.


Vicplas International Cash Conversion Cycle Related Terms


Vicplas International Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Vicplas International'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.

Vicplas International Cash Conversion Cycle Chart

Vicplas International Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.66 147.86 148.21 144.74 131.95

Vicplas International Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 150.99 138.41 136.23 134.74 125.29

SGX:569 vs ABT, SYK, MDT: Cash Conversion Cycle Comparison

For the Medical Devices subindustry, Vicplas International'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.


Vicplas International Cash Conversion Cycle vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Vicplas International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Vicplas International's Cash Conversion Cycle falls into.



Vicplas International 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.

Vicplas International's Cash Conversion Cycle for the fiscal year that ended in Jul. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=87.69+121.59-77.33
=131.95

Vicplas International's Cash Conversion Cycle for the quarter that ended in Jan. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=85.86+105.97-66.54
=125.29

* 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 125.29 mean?
Vicplas International (SGX:569) has a Cash Conversion Cycle of 125.29 as of Jan. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vicplas International and its competitors.
Is Vicplas International's Cash Conversion Cycle too high?
Vicplas International's current Cash Conversion Cycle is 125.29. The Medical Devices & Instruments industry median Cash Conversion Cycle is 159.01. Vicplas International's value of 125.29 is 21.2% below this industry median.
How does Vicplas International's Cash Conversion Cycle compare to ABT and SYK?
Vicplas International's Cash Conversion Cycle of 125.29 can be compared against companies in the Medical Devices & Instruments industry. The industry median Cash Conversion Cycle is 159.01. Vicplas International's value of 125.29 is 21.2% 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 Medical Devices & Instruments company?
The median Cash Conversion Cycle among Medical Devices & Instruments companies is 159.01, based on 817 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. Vicplas International's current Cash Conversion Cycle of 125.29 is 21.2% 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 Vicplas International and its competitors. For the Medical Devices & Instruments industry, the median Cash Conversion Cycle is 159.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicplas International's current Cash Conversion Cycle is 125.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicplas International stock overvalued right now?
Based on GuruFocus' analysis, Vicplas International (SGX:569) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.11, compared to a current price of S$0.08 — trading 30% below its estimated fair value. The current Cash Conversion Cycle is 125.29 and 21.2% below the Medical Devices & Instruments industry median of 159.01. 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 Vicplas International (SGX:569), the current Cash Conversion Cycle is 125.29 as of Jan. 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.

Vicplas International Business Description

Address 35 Joo Koon Circle, Singapore, SGP, 629110
Vicplas International Ltd is an investment holding company. The company is organized into two main business activities: the Pipes and Pipe Fitting segment and the Medical Devices segment, which is the key revenue driver. Pipes and Pipe Fittings segment engages in the manufacturing and distribution of plastic building products, including uPVC pipes and pipe fittings and electrical conduits. The Medical device segment is involved in the research, design, development, and manufacture of medical devices. The company generates majority of its revenue from medical devices. The company does its sales through geographical segments that include Singapore, Malaysia, Mexico, China, and the United Kingdom, of which the majority of the revenue comes from Singapore.