Vinhomes JSC (STC:VHM) Cash Conversion Cycle: 351.04 (As of Mar. 2026)


STC:VHM Vinhomes JSC STC:VHM
90 GF Score
Price ₫147,000.00
GF Value ₫117,164.26
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Vinhomes JSC Cash Conversion Cycle?

Vinhomes JSC STC:VHM -1.14% 90 Cash Conversion Cycle is 351.04 as of Mar. 2026. GuruFocus rates STC:VHM with a GF Score™ of 90/100 and a GF Value™ of ₫117,164.26 (Modestly Overvalued). The stock has 9 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.

Vinhomes JSC's Days Sales Outstanding for the three months ended in Mar. 2026 was 35.85.
Vinhomes JSC's Days Inventory for the three months ended in Mar. 2026 was 365.46.
Vinhomes JSC's Days Payable for the three months ended in Mar. 2026 was 50.27.
Therefore, Vinhomes JSC's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 351.04.


Vinhomes JSC  (STC:VHM) 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.


Vinhomes JSC Cash Conversion Cycle Related Terms


Vinhomes JSC Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Vinhomes 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.

Vinhomes JSC Cash Conversion Cycle Chart

Vinhomes JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 293.29 463.12 278.05 243.82 300.46

Vinhomes JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 414.80 396.31 670.37 164.65 351.04

Vinhomes JSC Cash Conversion Cycle Competitor Comparison

For the Real Estate - Development subindustry, Vinhomes 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.


Vinhomes JSC Cash Conversion Cycle vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vinhomes JSC's Cash Conversion Cycle distribution charts can be found below:

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


STC:VHM
90GF Score
Vinhomes JSC STC:VHM
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinhomes 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.

Vinhomes 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
=50.96+317.64-68.14
=300.46

Vinhomes JSC's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=35.85+365.46-50.27
=351.04

* 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 351.04 mean?
Vinhomes JSC (STC:VHM) has a Cash Conversion Cycle of 351.04 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vinhomes JSC and its competitors.
Is Vinhomes JSC's Cash Conversion Cycle too high?
Vinhomes JSC's current Cash Conversion Cycle is 351.04. The Real Estate industry median Cash Conversion Cycle is 320.74. Vinhomes JSC's value of 351.04 is 9.4% above this industry median. Overall, Vinhomes JSC has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vinhomes JSC's Cash Conversion Cycle compare to competitors?
Vinhomes JSC's Cash Conversion Cycle of 351.04 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.74. Vinhomes JSC's value of 351.04 is 9.4% 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 320.74, based on 1,731 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. Vinhomes JSC's current Cash Conversion Cycle of 351.04 is 9.4% 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 Vinhomes JSC and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinhomes JSC's current Cash Conversion Cycle is 351.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinhomes JSC stock overvalued right now?
Based on GuruFocus' analysis, Vinhomes JSC (STC:VHM) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫117,164.26, compared to a current price of ₫147,000.00 — trading 25.5% above its estimated fair value. The current Cash Conversion Cycle is 351.04 and 9.4% above the Real Estate industry median of 320.74. Vinhomes JSC's overall GF Score™ is 90/100 with 9 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 Vinhomes JSC (STC:VHM), the current Cash Conversion Cycle is 351.04 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 Vinhomes JSC (STC:VHM) Overvalued in 2026?

Based on GuruFocus' analysis, Vinhomes JSC stock appears to be overvalued. The current stock price of ₫147,000.00 is trading 25.5% above its estimated GF Value™ of ₫117,164.26. GuruFocus considers Vinhomes JSC to be Modestly Overvalued.

Key valuation signals for STC:VHM:

  • Cash Conversion Cycle: 351.04
  • GF Value™: ₫117,164.26 vs. price of ₫147,000.00 (25.5% above fair value)
  • GF Score™: 90/100 with 9 warning signs
  • Industry Position: 9.4% above the Real Estate median

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


Vinhomes JSC Business Description

Address Chu Huy Man Street, Vinhomes Riverside Area, Symphony Office Building, Phuc Loi Ward, Long Bien District, Hanoi, VNM
Vinhomes JSC is a real estate development company. The current principal activities of the Company are to develop real estate property for sale, provide leasing of offices, render real estate management and related services, provide general contractor services, consulting and designing construction services, supervision and construction management services. The company has following operating segments: Sales of inventory properties: include the transfer of properties being constructed for sale at the Company and its subsidiaries' real estate projects; Rendering consultancy and general construction contractor services: includes general contractor to investors; construction consultancy and supervision and related services; Other business activities.
90GF Score

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

₫147,000.00
Price
₫117,164.26
GF Value