Pha Lai Thermal Power JSC (STC:PPC) Cash Conversion Cycle: 50.28 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:PPC Pha Lai Thermal Power JSC STC:PPC
80 GF Score
Price ₫8,860.00
GF Value ₫12,665.69
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Pha Lai Thermal Power JSC Cash Conversion Cycle?

Pha Lai Thermal Power JSC STC:PPC 80 Cash Conversion Cycle is 50.28 as of Jun. 2026. GuruFocus rates STC:PPC with a GF Score™ of 80/100 and a GF Value™ of ₫12,665.69 (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.

Pha Lai Thermal Power JSC's Days Sales Outstanding for the three months ended in Jun. 2026 was 53.62.
Pha Lai Thermal Power JSC's Days Inventory for the three months ended in Jun. 2026 was 30.12.
Pha Lai Thermal Power JSC's Days Payable for the three months ended in Jun. 2026 was 33.46.
Therefore, Pha Lai Thermal Power JSC's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 50.28.


Pha Lai Thermal Power JSC  (STC:PPC) 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.


Pha Lai Thermal Power JSC Cash Conversion Cycle Related Terms


Pha Lai Thermal Power JSC Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Pha Lai Thermal Power 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.

Pha Lai Thermal Power JSC Cash Conversion Cycle Chart

Pha Lai Thermal Power JSC 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 106.26 83.44 121.33 85.68 74.74

Pha Lai Thermal Power JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 78.58 99.55 77.43 65.37 50.28

STC:PPC vs CEG, VST, NRG: Cash Conversion Cycle Comparison

For the Utilities - Independent Power Producers subindustry, Pha Lai Thermal Power 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.


Pha Lai Thermal Power JSC Cash Conversion Cycle vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Pha Lai Thermal Power JSC's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Pha Lai Thermal Power JSC's Cash Conversion Cycle falls into.


STC:PPC
80GF Score
Pha Lai Thermal Power JSC STC:PPC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pha Lai Thermal Power 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.

Pha Lai Thermal Power JSC'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
=76.87+40.18-42.31
=74.74

Pha Lai Thermal Power JSC's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=53.62+30.12-33.46
=50.28

* 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 50.28 mean?
Pha Lai Thermal Power JSC (STC:PPC) has a Cash Conversion Cycle of 50.28 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Pha Lai Thermal Power JSC and its competitors.
Is Pha Lai Thermal Power JSC's Cash Conversion Cycle too high?
Pha Lai Thermal Power JSC's current Cash Conversion Cycle is 50.28. The Utilities - Independent Power Producers industry median Cash Conversion Cycle is 24.77. Pha Lai Thermal Power JSC's value of 50.28 is 103% above this industry median. Overall, Pha Lai Thermal Power JSC has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pha Lai Thermal Power JSC's Cash Conversion Cycle compare to CEG and VST?
Pha Lai Thermal Power JSC's Cash Conversion Cycle of 50.28 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 24.77. Pha Lai Thermal Power JSC's value of 50.28 is 103% 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 an Utilities - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 24.77, based on 423 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. Pha Lai Thermal Power JSC's current Cash Conversion Cycle of 50.28 is 103% 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 Pha Lai Thermal Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 24.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pha Lai Thermal Power JSC's current Cash Conversion Cycle is 50.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pha Lai Thermal Power JSC stock overvalued right now?
Based on GuruFocus' analysis, Pha Lai Thermal Power JSC (STC:PPC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫12,665.69, compared to a current price of ₫8,860.00 — trading 30% below its estimated fair value. The current Cash Conversion Cycle is 50.28 and 103% above the Utilities - Independent Power Producers industry median of 24.77. Pha Lai Thermal Power JSC's overall GF Score™ is 80/100 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 Pha Lai Thermal Power JSC (STC:PPC), the current Cash Conversion Cycle is 50.28 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 Pha Lai Thermal Power JSC (STC:PPC) Overvalued in 2026?

Based on GuruFocus' analysis, Pha Lai Thermal Power JSC stock appears to be undervalued. The current stock price of ₫8,860.00 is trading 30% below its estimated GF Value™ of ₫12,665.69. GuruFocus considers Pha Lai Thermal Power JSC to be Significantly Undervalued.

Key valuation signals for STC:PPC:

  • Cash Conversion Cycle: 50.28
  • GF Value™: ₫12,665.69 vs. price of ₫8,860.00 (30% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 103% above the Utilities - Independent Power Producers median

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


Pha Lai Thermal Power JSC Business Description

Address Km28, QL18, Pha Lai Ward, Hai Duong Province, Chi Linh, VNM
Pha Lai Thermal Power JSC operates as a coal-fired power plant in Vietnam. It is engaged in the operation, maintenance, and management of the thermal power plant in Hai Duong Province for electricity generation and distribution.
80GF Score

Get the complete analysis for STC:PPC

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

₫8,860.00
Price
₫12,665.69
GF Value