Thai Beverage's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 16.61.
Thai Beverage's Days Inventory for the
six
months ended in Mar. 2026 was 101.44.
Thai Beverage's Days Payable for the
six
months ended in Mar. 2026 was 23.27.
Therefore, Thai Beverage's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 94.78.
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.
Thai Beverage Cash Conversion Cycle Related Terms
Thai Beverage Cash Conversion Cycle Historical Data
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The historical data trend for Thai Beverage'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.
For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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.
Thai Beverage Cash Conversion Cycle vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Thai Beverage's Cash Conversion Cycle falls into.
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.
Thai Beverage's Cash Conversion Cycle for the fiscal year that ended in Sep. 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.
Thai Beverage (TBVPF) has a Cash Conversion Cycle of 94.78 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Thai Beverage and its competitors.
Is Thai Beverage's Cash Conversion Cycle too high?
Thai Beverage's current Cash Conversion Cycle is 94.78. The Beverages - Alcoholic industry median Cash Conversion Cycle is 146.27. Thai Beverage's value of 94.78 is 35.2% below this industry median. Overall, Thai Beverage has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Beverage's Cash Conversion Cycle compare to BF.B?
Thai Beverage's Cash Conversion Cycle of 94.78 can be compared against companies in the Beverages - Alcoholic industry. The industry median Cash Conversion Cycle is 146.27. Thai Beverage's value of 94.78 is 35.2% 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 Beverages - Alcoholic company?
The median Cash Conversion Cycle among Beverages - Alcoholic companies is 146.27, based on 213 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. Thai Beverage's current Cash Conversion Cycle of 94.78 is 35.2% 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 Thai Beverage and its competitors. For the Beverages - Alcoholic industry, the median Cash Conversion Cycle is 146.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Beverage's current Cash Conversion Cycle is 94.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Beverage stock overvalued right now?
Based on GuruFocus' analysis, Thai Beverage (TBVPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.39, compared to a current price of $0.34 — trading 13.9% below its estimated fair value. The current Cash Conversion Cycle is 94.78 and 35.2% below the Beverages - Alcoholic industry median of 146.27. Thai Beverage's overall GF Score™ is 60/100 with 3 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 Thai Beverage (TBVPF), the current Cash Conversion Cycle is 94.78 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 Thai Beverage (TBVPF) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Beverage stock appears to be undervalued.
The current stock price of $0.34 is trading 13.9% below its estimated GF Value™ of $0.39.
GuruFocus considers Thai Beverage to be Modestly Undervalued.
Key valuation signals for TBVPF:
Cash Conversion Cycle: 94.78
GF Value™: $0.39 vs. price of $0.34 (13.9% below fair value)
Industry Position: 35.2% below the Beverages - Alcoholic median
No single metric tells the full story. See the TBVPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segments include Spirits; production and sales of branded spirits products and soda. Beer: production and sales of raw materials, branded beer products, Chang soda and Chang water. Non-alcoholic beverages: production and sales of branded water, ready-to-drink coffee, energy drink, green tea, fruit flavored drinks and dairy products. Food: restaurants and distribution of food and beverages; and Others: publishing and printing. Key revenue is generated from Beer. It operates in Thailand, which generates the majority of revenue, Vietnam, Malaysia, Myanmar, Singapore and others.
60GF Score
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