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Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Cash Conversion Cycle : 103.65 (As of Mar. 2025)


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What is Vietnam Manufacturing and Export Processing (Holdings) Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Vietnam Manufacturing and Export Processing (Holdings)'s Days Sales Outstanding for the three months ended in Mar. 2025 was 70.06.
Vietnam Manufacturing and Export Processing (Holdings)'s Days Inventory for the three months ended in Mar. 2025 was 124.92.
Vietnam Manufacturing and Export Processing (Holdings)'s Days Payable for the three months ended in Mar. 2025 was 91.33.
Therefore, Vietnam Manufacturing and Export Processing (Holdings)'s Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 103.65.


Vietnam Manufacturing and Export Processing (Holdings) Cash Conversion Cycle Historical Data

The historical data trend for Vietnam Manufacturing and Export Processing (Holdings)'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.

* Premium members only.

Vietnam Manufacturing and Export Processing (Holdings) Cash Conversion Cycle Chart

Vietnam Manufacturing and Export Processing (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.14 109.11 59.05 92.19 109.33

Vietnam Manufacturing and Export Processing (Holdings) Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 246.30 90.46 60.37 77.84 103.65

Competitive Comparison of Vietnam Manufacturing and Export Processing (Holdings)'s Cash Conversion Cycle

For the Recreational Vehicles subindustry, Vietnam Manufacturing and Export Processing (Holdings)'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.


Vietnam Manufacturing and Export Processing (Holdings)'s Cash Conversion Cycle Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vietnam Manufacturing and Export Processing (Holdings)'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Vietnam Manufacturing and Export Processing (Holdings)'s Cash Conversion Cycle falls into.


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Vietnam Manufacturing and Export Processing (Holdings) 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.

Vietnam Manufacturing and Export Processing (Holdings)'s Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=47.27+109.27-47.21
=109.33

Vietnam Manufacturing and Export Processing (Holdings)'s Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=70.06+124.92-91.33
=103.65

* 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.


Vietnam Manufacturing and Export Processing (Holdings)  (TPE:9110) 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.


Vietnam Manufacturing and Export Processing (Holdings) Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Vietnam Manufacturing and Export Processing (Holdings)'s Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Vietnam Manufacturing and Export Processing (Holdings) Business Description

Traded in Other Exchanges
Address
Section 5, Tam Hiep Ward, Dong Nai, Bien Hoa, VNM
Vietnam Manufacturing and Export Processing (Holdings) Ltd is engaged in manufacturing and sales of motorbikes, and related spare parts and engines. Its segments include Manufacturing and sale of motorbikes segment that includes motorbikes manufactured for the Vietnamese market and exports it to other countries including Malaysia, the Philippines, Thailand, Italy, Greece, United Arab Emirates and Singapore; and Manufacturing and sale of spare parts and engines segment manufactures engines for use in the group's motorbikes, while the group also exports engines to third parties. It manufactures parts for use in repair servicing and product assembly. Geographically, it operates in Vietnam, Malaysia, Philippines, United Arab Emirates, Greece, Thailand, Italy, Singapore, and Other Countries.

Vietnam Manufacturing and Export Processing (Holdings) Headlines

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