Vitreous Glass (TSXV:VCI) Cash Conversion Cycle: 4.00 (As of Mar. 2026)


TSXV:VCI Vitreous Glass Inc TSXV:VCI
77 GF Score
Price C$6.25
GF Value C$8.29
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Vitreous Glass Cash Conversion Cycle?

Vitreous Glass TSXV:VCI 77 Cash Conversion Cycle is 4.00 as of Mar. 2026. GuruFocus rates TSXV:VCI with a GF Score™ of 77/100 and a GF Value™ of C$8.29 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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

Vitreous Glass's Days Sales Outstanding for the three months ended in Mar. 2026 was 17.2.
Vitreous Glass's Days Inventory for the three months ended in Mar. 2026 was 29.79.
Vitreous Glass's Days Payable for the three months ended in Mar. 2026 was 42.99.
Therefore, Vitreous Glass's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 4.00.


Vitreous Glass  (TSXV:VCI) 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.


Vitreous Glass Cash Conversion Cycle Related Terms


Vitreous Glass Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Vitreous Glass'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.

Vitreous Glass Cash Conversion Cycle Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.69 46.90 49.22 43.81 23.89

Vitreous Glass 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 -2.96 0.05 10.42 13.79 4.00

TSXV:VCI vs WM, RSG, WCN: Cash Conversion Cycle Comparison

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass Cash Conversion Cycle vs Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Vitreous Glass's Cash Conversion Cycle falls into.


TSXV:VCI
77GF Score
Vitreous Glass Inc TSXV:VCI
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Vitreous Glass 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.

Vitreous Glass's Cash Conversion Cycle for the fiscal year that ended in Sep. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=18.36+33.06-27.53
=23.89

Vitreous Glass'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
=17.2+29.79-42.99
=4.00

* 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 4.00 mean?
Vitreous Glass (TSXV:VCI) has a Cash Conversion Cycle of 4.00 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vitreous Glass and its competitors.
Is Vitreous Glass' Cash Conversion Cycle too high?
Vitreous Glass' current Cash Conversion Cycle is 4.00. The Waste Management industry median Cash Conversion Cycle is 50.09. Vitreous Glass' value of 4.00 is 92% below this industry median. Overall, Vitreous Glass has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitreous Glass' Cash Conversion Cycle compare to WM and RSG?
Vitreous Glass' Cash Conversion Cycle of 4.00 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 50.09. Vitreous Glass' value of 4.00 is 92% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 50.09, based on 240 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. Vitreous Glass's current Cash Conversion Cycle of 4.00 is 92% 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 Vitreous Glass and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 50.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current Cash Conversion Cycle is 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitreous Glass stock overvalued right now?
Based on GuruFocus' analysis, Vitreous Glass (TSXV:VCI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$8.29, compared to a current price of C$6.25 — trading 24.6% below its estimated fair value. The current Cash Conversion Cycle is 4.00 and 92% below the Waste Management industry median of 50.09. Vitreous Glass' overall GF Score™ is 77/100 with 1 warning sign 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 Vitreous Glass (TSXV:VCI), the current Cash Conversion Cycle is 4.00 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 Vitreous Glass (TSXV:VCI) Overvalued in 2026?

Based on GuruFocus' analysis, Vitreous Glass stock appears to be undervalued. The current stock price of C$6.25 is trading 24.6% below its estimated GF Value™ of C$8.29. GuruFocus considers Vitreous Glass to be Modestly Undervalued.

Key valuation signals for TSXV:VCI:

  • Cash Conversion Cycle: 4.00
  • GF Value™: C$8.29 vs. price of C$6.25 (24.6% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 92% below the Waste Management median

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


Vitreous Glass Business Description

Other Exchanges VCIGF:USA
Address 212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.
77GF Score

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

C$6.25
Price
C$8.29
GF Value