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Vinhomes JSCSTC:VHM +2.37%89 Days Payable is 105.62 as of Jun. 2026, which is 51% above its 10-year median of 69.94. GuruFocus rates STC:VHM with a GF Score™ of 89/100 and a GF Value™ of ₫63,111.38 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,573 Real Estate companies, Vinhomes JSC ranks worse than 66.43% on this metric.
Vinhomes JSC's average Accounts Payable for the
three
months ended in Jun. 2026 was ₫20,823,072 Mil. Vinhomes JSC's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₫17,989,260 Mil.
Hence, Vinhomes JSC's Days Payable for the
three
months ended in Jun. 2026 was 105.62.
The historical rank and industry rank for Vinhomes JSC's Days Payable or its related term are showing as below:
STC:VHM'
s Days Payable Range Over the Past 10 Years
Min: 21.88 Med: 69.94 Max: 158.56
Current: 53.11
During the past 9 years, Vinhomes JSC's highest Days Payable was 158.56. The lowest was 21.88. And the median was 69.94.
STC:VHM's Days Payable is ranked worse than 66.43% of 1573
companies
in the Real Estate industry
Industry Median: 92.71
vs STC:VHM: 53.11
Vinhomes JSC's Days Payable
declined
from Jun. 2025 (121.40) to Jun. 2026 (105.62).
It may suggest that Vinhomes JSCaccelerated paying its suppliers.
The historical data trend for Vinhomes JSC's Days Payable 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 Real Estate - Development subindustry, Vinhomes JSC's Days Payable, along with its competitors' market caps and Days Payable 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.
Vinhomes JSC Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Vinhomes JSC's Days Payable distribution charts can be found below:
* The bar in red indicates where Vinhomes JSC's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Vinhomes JSC's Days Payable for the fiscal year that ended in Dec. 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.
Vinhomes JSC (STC:VHM) has a Days Payable of 105.62 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vinhomes JSC and its competitors. This is 51% above median its historical median of 69.94. Over the past decade, Vinhomes JSC's Days Payable has ranged from 21.88 to 158.56. According to the industry distribution chart, Vinhomes JSC ranks #1045 out of 1573 companies in the Real Estate industry, placing it in the top 66.4%.
Is Vinhomes JSC's Days Payable too high?
Vinhomes JSC's current Days Payable of 105.62 is 51% above median its 10-year median of 69.94. Over the past 10 years, this metric has ranged from a low of 21.88 to a high of 158.56. The Real Estate industry median Days Payable is 92.71. Vinhomes JSC's value of 105.62 is 13.9% above this industry median. Based on the distribution chart, Vinhomes JSC ranks #1045 out of 1573 companies in the Real Estate industry, which is below the industry midpoint. Overall, Vinhomes JSC has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vinhomes JSC's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Vinhomes JSC ranks #1045 out of 1573 companies for Days Payable. This places Vinhomes JSC in the lower half of its industry. The industry median Days Payable is 92.71. Vinhomes JSC's value of 105.62 is 13.9% above this benchmark. Historically, Vinhomes JSC's own Days Payable has ranged from 21.88 to 158.56 over the past decade. While the company's 10-year median is 69.94 vs. the industry median of 92.71, Vinhomes JSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 92.71, based on 1,573 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vinhomes JSC's current Days Payable of 105.62 is 13.9% 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 Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vinhomes JSC and its competitors. For the Real Estate industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinhomes JSC's current Days Payable is 105.62, which is 51% above median its own 10-year median of 69.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinhomes JSC stock overvalued right now?
Based on GuruFocus' analysis, Vinhomes JSC (STC:VHM) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫63,111.38, compared to a current price of ₫73,400.00 — trading 16.3% above its estimated fair value. The current Days Payable is 105.62, which is 51% above median its 10-year median of 69.94 and 13.9% above the Real Estate industry median of 92.71. Vinhomes JSC's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Vinhomes JSC (STC:VHM), the current Days Payable is 105.62 as of Jun. 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 Vinhomes JSC (STC:VHM) Overvalued in 2026?
Based on GuruFocus' analysis, Vinhomes JSC stock appears to be overvalued.
The current stock price of ₫73,400.00 is trading 16.3% above its estimated GF Value™ of ₫63,111.38.
GuruFocus considers Vinhomes JSC to be Modestly Overvalued.
Key valuation signals for STC:VHM:
Days Payable: 105.62 (51% above median its 10-year median of 69.94)
GF Value™: ₫63,111.38 vs. price of ₫73,400.00 (16.3% above fair value)
Industry Position: 13.9% above the Real Estate median (#1045 of 1573)
No single metric tells the full story. See the STC:VHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vinhomes JSC is a real estate development company. The current principal activities of the Company are to develop real estate property for sale, provide leasing of offices, render real estate management and related services, provide general contractor services, consulting and designing construction services, supervision and construction management services. The company has following operating segments: Sales of inventory properties: include the transfer of properties being constructed for sale at the Company and its subsidiaries' real estate projects; Rendering consultancy and general construction contractor services: includes general contractor to investors; construction consultancy and supervision and related services; Other business activities.
89GF Score
Get the complete analysis for STC:VHM
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