Vingroup JSC (STC:VIC) Cash Conversion Cycle: 205.83 (As of Mar. 2026)


STC:VIC Vingroup JSC STC:VIC
82 GF Score
Price ₫228,000.00
GF Value ₫59,003.65
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Vingroup JSC Cash Conversion Cycle?

Vingroup JSC STC:VIC 82 Cash Conversion Cycle is 205.83 as of Mar. 2026. GuruFocus rates STC:VIC with a GF Score™ of 82/100 and a GF Value™ of ₫59,003.65 (Significantly Overvalued). The stock has 10 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.

Vingroup JSC's Days Sales Outstanding for the three months ended in Mar. 2026 was 31.62.
Vingroup JSC's Days Inventory for the three months ended in Mar. 2026 was 243.64.
Vingroup JSC's Days Payable for the three months ended in Mar. 2026 was 69.43.
Therefore, Vingroup JSC's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 205.83.


Vingroup JSC  (STC:VIC) 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.


Vingroup JSC Cash Conversion Cycle Related Terms


Vingroup JSC Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Vingroup 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.

Vingroup JSC Cash Conversion Cycle Chart

Vingroup 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 197.02 272.37 218.16 197.65 174.80

Vingroup 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 131.66 230.56 291.39 119.18 205.83

STC:VIC vs CBRE, BEKE, JLL: Cash Conversion Cycle Comparison

For the Real Estate Services subindustry, Vingroup 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.


Vingroup JSC Cash Conversion Cycle vs Real Estate Industry

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

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


STC:VIC
82GF Score
Vingroup JSC STC:VIC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vingroup 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.

Vingroup 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
=35.65+206.37-67.22
=174.80

Vingroup 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
=31.62+243.64-69.43
=205.83

* 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 205.83 mean?
Vingroup JSC (STC:VIC) has a Cash Conversion Cycle of 205.83 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vingroup JSC and its competitors.
Is Vingroup JSC's Cash Conversion Cycle too high?
Vingroup JSC's current Cash Conversion Cycle is 205.83. The Real Estate industry median Cash Conversion Cycle is 320.77. Vingroup JSC's value of 205.83 is 35.8% below this industry median. Overall, Vingroup JSC has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vingroup JSC's Cash Conversion Cycle compare to CBRE and BEKE?
Vingroup JSC's Cash Conversion Cycle of 205.83 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.77. Vingroup JSC's value of 205.83 is 35.8% 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 320.77, based on 1,735 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. Vingroup JSC's current Cash Conversion Cycle of 205.83 is 35.8% 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 Vingroup JSC and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vingroup JSC's current Cash Conversion Cycle is 205.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vingroup JSC stock overvalued right now?
Based on GuruFocus' analysis, Vingroup JSC (STC:VIC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫59,003.65, compared to a current price of ₫228,000.00 — trading 286.4% above its estimated fair value. The current Cash Conversion Cycle is 205.83 and 35.8% below the Real Estate industry median of 320.77. Vingroup JSC's overall GF Score™ is 82/100 with 10 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 Vingroup JSC (STC:VIC), the current Cash Conversion Cycle is 205.83 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 Vingroup JSC (STC:VIC) Overvalued in 2026?

Based on GuruFocus' analysis, Vingroup JSC stock appears to be overvalued. The current stock price of ₫228,000.00 is trading 286.4% above its estimated GF Value™ of ₫59,003.65. GuruFocus considers Vingroup JSC to be Significantly Overvalued.

Key valuation signals for STC:VIC:

  • Cash Conversion Cycle: 205.83
  • GF Value™: ₫59,003.65 vs. price of ₫228,000.00 (286.4% above fair value)
  • GF Score™: 82/100 with 10 warning signs
  • Industry Position: 35.8% below the Real Estate median

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


Vingroup JSC Business Description

Address No. 7, Bang Lang 1 Street, Vinhomes Riverside Ecological Area, Viet Hung Ward, Long Bien District, Hanoi, VNM
Vingroup JSC is a Vietnam-based company engaged in construction and provides retail outlets, commercial offices for lease, residential units for lease and sale. It also carries out investment activities, to provide the management service and to conduct other businesses. The company operates through the segments of Sale of inventory properties, Leasing investment properties and related services, Hospitality, entertainment and other services, Health care and related services, Education services, Retail services, Manufacturing activities, and Others. The company generates the majority of its revenue from Sale of inventory properties including developing and trading apartments and villas at real estate projects of the group.
82GF Score

Get the complete analysis for STC:VIC

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

₫228,000.00
Price
₫59,003.65
GF Value