Song Hong Garment JSC's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 66.13.
Song Hong Garment JSC's Days Inventory for the
three
months ended in Mar. 2026 was 78.96.
Song Hong Garment JSC's Days Payable for the
three
months ended in Mar. 2026 was 22.07.
Therefore, Song Hong Garment JSC's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 123.02.
Song Hong Garment JSC (STC:MSH) 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.
Song Hong Garment JSC Cash Conversion Cycle Related Terms
Song Hong Garment JSC Cash Conversion Cycle Historical Data
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The historical data trend for Song Hong Garment 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.
STC:MSH vs RL, LEVI, VFC: Cash Conversion Cycle Comparison
For the Apparel Manufacturing subindustry, Song Hong Garment 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.
Song Hong Garment JSC Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Song Hong Garment JSC's Cash Conversion Cycle falls into.
Song Hong Garment 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.
Song Hong Garment JSC'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.
Song Hong Garment JSC (STC:MSH) has a Cash Conversion Cycle of 123.02 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Song Hong Garment JSC and its competitors.
Is Song Hong Garment JSC's Cash Conversion Cycle too high?
Song Hong Garment JSC's current Cash Conversion Cycle is 123.02. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.21. Song Hong Garment JSC's value of 123.02 is 1% below this industry median. Overall, Song Hong Garment JSC has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Hong Garment JSC's Cash Conversion Cycle compare to RL and LEVI?
Song Hong Garment JSC's Cash Conversion Cycle of 123.02 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.21. Song Hong Garment JSC's value of 123.02 is 1% 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.21, based on 1,039 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. Song Hong Garment JSC's current Cash Conversion Cycle of 123.02 is 1% 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 Song Hong Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Hong Garment JSC's current Cash Conversion Cycle is 123.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,378.97, compared to a current price of ₫33,900.00 — trading 1.4% below its estimated fair value. The current Cash Conversion Cycle is 123.02 and 1% below the Manufacturing - Apparel & Accessories industry median of 124.21. Song Hong Garment JSC's overall GF Score™ is 79/100 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 Song Hong Garment JSC (STC:MSH), the current Cash Conversion Cycle is 123.02 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?
Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued.
The current stock price of ₫33,900.00 is trading 1.4% below its estimated GF Value™ of ₫34,378.97.
GuruFocus considers Song Hong Garment JSC to be Fairly Valued.
Key valuation signals for STC:MSH:
Cash Conversion Cycle: 123.02
GF Value™: ₫34,378.97 vs. price of ₫33,900.00 (1.4% below fair value)
Industry Position: 1% below the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the STC:MSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
79GF Score
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