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Tulsi Extrusions (LUX:166026) Cash Conversion Cycle : 1,209.41 (As of Jun. 2018)


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What is Tulsi Extrusions Cash Conversion Cycle?

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

Tulsi Extrusions's Days Sales Outstanding for the three months ended in Jun. 2018 was 1139.89.
Tulsi Extrusions's Days Inventory for the three months ended in Jun. 2018 was 230.04.
Tulsi Extrusions's Days Payable for the three months ended in Jun. 2018 was 160.52.
Therefore, Tulsi Extrusions's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2018 was 1,209.41.


Tulsi Extrusions Cash Conversion Cycle Historical Data

The historical data trend for Tulsi Extrusions'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.

Tulsi Extrusions Cash Conversion Cycle Chart

Tulsi Extrusions Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 505.80 342.76 459.56 398.47 905.73

Tulsi Extrusions Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 400.85 1,913.96 1,699.45 1,532.61 1,209.41

Competitive Comparison of Tulsi Extrusions's Cash Conversion Cycle

For the Auto Parts subindustry, Tulsi Extrusions'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.


Tulsi Extrusions's Cash Conversion Cycle Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tulsi Extrusions's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Tulsi Extrusions's Cash Conversion Cycle falls into.



Tulsi Extrusions 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.

Tulsi Extrusions's Cash Conversion Cycle for the fiscal year that ended in Mar. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=846.5+305.28-246.05
=905.73

Tulsi Extrusions's Cash Conversion Cycle for the quarter that ended in Jun. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1139.89+230.04-160.52
=1,209.41

* 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.


Tulsi Extrusions  (LUX:166026) 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.


Tulsi Extrusions Cash Conversion Cycle Related Terms

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Tulsi Extrusions (LUX:166026) Business Description

Traded in Other Exchanges
N/A
Address
Plot number N-99, MIDC Area, Jalgaon, MH, IND, 425003
Tulsi Extrusions Ltd is a polymer processing company with products in agribusiness. The company is engaged in manufacturing Polyvinyl chloride pipes for the rural agriculture market. It operates in two segments Poly Vinyl Chloride Pipes and Fittings; and Micro Irrigation Systems. Its products portfolio includes UPVC Pipes, Injection Molding PVC Fittings and Fabricated Fittings, ASTM Pipes, SWR Pipes & Fittings, HDPE Pipe Systems, LLDPE Pipe and Drip irrigation system, CPVC Pipes and Fittings. The company's products are used in various industries including irrigation sector, industrial sector, infrastructure and housing sector.

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