Vinpearl JSC (STC:VPL) Cash Conversion Cycle: 182.69 (As of Mar. 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:VPL Vinpearl JSC STC:VPL
37 GF Score
Price ₫74,500.00
! 4 Warning Signs
View Full Analysis

What is Vinpearl JSC Cash Conversion Cycle?

Vinpearl JSC STC:VPL -0.53% 37 Cash Conversion Cycle is 182.69 as of Mar. 2026. GuruFocus rates STC:VPL with a GF Score™ of 37/100. The stock has 4 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.

Vinpearl JSC's Days Sales Outstanding for the three months ended in Mar. 2026 was 24.53.
Vinpearl JSC's Days Inventory for the three months ended in Mar. 2026 was 251.11.
Vinpearl JSC's Days Payable for the three months ended in Mar. 2026 was 92.95.
Therefore, Vinpearl JSC's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 182.69.


Vinpearl JSC  (STC:VPL) 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.


Vinpearl JSC Cash Conversion Cycle Related Terms


Vinpearl JSC Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Vinpearl 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.

Vinpearl JSC Cash Conversion Cycle Chart

Vinpearl JSC Annual Data
Trend Dec24 Dec25
Cash Conversion Cycle
109.18 124.03

Vinpearl JSC Quarterly Data
Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial 144.47 170.09 177.66 105.61 182.69

STC:VPL vs LVS, MGM, WYNN: Cash Conversion Cycle Comparison

For the Resorts & Casinos subindustry, Vinpearl 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.


Vinpearl JSC Cash Conversion Cycle vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vinpearl JSC's Cash Conversion Cycle distribution charts can be found below:

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


STC:VPL
37GF Score
Vinpearl JSC STC:VPL
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinpearl 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.

Vinpearl 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
=22.16+204.06-102.19
=124.03

Vinpearl 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
=24.53+251.11-92.95
=182.69

* 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 182.69 mean?
Vinpearl JSC (STC:VPL) has a Cash Conversion Cycle of 182.69 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vinpearl JSC and its competitors.
Is Vinpearl JSC's Cash Conversion Cycle too high?
Vinpearl JSC's current Cash Conversion Cycle is 182.69. The Travel & Leisure industry median Cash Conversion Cycle is 10.16. Vinpearl JSC's value of 182.69 is 1699% above this industry median. Overall, Vinpearl JSC has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Vinpearl JSC's Cash Conversion Cycle compare to LVS and MGM?
Vinpearl JSC's Cash Conversion Cycle of 182.69 can be compared against companies in the Travel & Leisure industry. The industry median Cash Conversion Cycle is 10.16. Vinpearl JSC's value of 182.69 is 1699% 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 Travel & Leisure company?
The median Cash Conversion Cycle among Travel & Leisure companies is 10.16, based on 836 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. Vinpearl JSC's current Cash Conversion Cycle of 182.69 is 1699% 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 Vinpearl JSC and its competitors. For the Travel & Leisure industry, the median Cash Conversion Cycle is 10.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinpearl JSC's current Cash Conversion Cycle is 182.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinpearl JSC stock overvalued right now?
Vinpearl JSC (STC:VPL) has a current Cash Conversion Cycle of 182.69. The current Cash Conversion Cycle is 182.69 and 1699% above the Travel & Leisure industry median of 10.16. Vinpearl JSC's overall GF Score™ is 37/100 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 Vinpearl JSC (STC:VPL), the current Cash Conversion Cycle is 182.69 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.

Vinpearl JSC Business Description

Address Nha Trang Ward, Hon Tre Island, Khanh Hoa Province, Nha Trang, VNM
Vinpearl JSC, along with its subsidiaries, provides short-term accommodation services including hotel business and hotel services, amusement and recreation services, domestic travel, passenger transport, restaurant and catering business, construction investment, and real estate business. It operates various hotels and resorts across Vietnam, including Hon Tam Resort, Vinepearl Resort Nha Trang, Vinepearl Wonderworld Phu Quoc, Vinepearl Cua Sot Resort, and others. The Group's operating business segments are: Business services, hotel tourism, entertainment, and related services, which derive maximum revenue; and Real estate leasing and transfer business. Geographically, it operates only in Vietnam.
37GF Score

Get the complete analysis for STC:VPL

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

₫74,500.00
Price