Bhagwan Marine's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 66.21.
Bhagwan Marine's Days Inventory for the
six
months ended in Dec. 2025 was 68.52.
Bhagwan Marine's Days Payable for the
six
months ended in Dec. 2025 was 669.13.
Therefore, Bhagwan Marine's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was -534.40.
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.
Bhagwan Marine Cash Conversion Cycle Related Terms
Bhagwan Marine Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Bhagwan Marine'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 Marine Shipping subindustry, Bhagwan Marine'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.
Bhagwan Marine Cash Conversion Cycle vs Transportation Industry
For the Transportation industry and Industrials sector, Bhagwan Marine's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Bhagwan Marine'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.
Bhagwan Marine's Cash Conversion Cycle for the fiscal year that ended in Jun. 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.
What does a Cash Conversion Cycle of -534.40 mean?
Bhagwan Marine (ASX:BWN) has a Cash Conversion Cycle of -534.40 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bhagwan Marine and its competitors.
Is Bhagwan Marine's Cash Conversion Cycle too high?
Bhagwan Marine's current Cash Conversion Cycle is -534.40. Overall, Bhagwan Marine has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Bhagwan Marine's Cash Conversion Cycle compare to competitors?
Bhagwan Marine's Cash Conversion Cycle of -534.40 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.26. 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 Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.26, based on 1,008 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. 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 Bhagwan Marine and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagwan Marine's current Cash Conversion Cycle is -534.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagwan Marine stock overvalued right now?
Bhagwan Marine (ASX:BWN) has a current Cash Conversion Cycle of -534.40. The current Cash Conversion Cycle is -534.40. Bhagwan Marine's overall GF Score™ is 21/100 with 4 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 Bhagwan Marine (ASX:BWN), the current Cash Conversion Cycle is -534.40 as of Dec. 2025. 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.
Bhagwan Marine Ltd is a marine vessel operator and service provider. It is engaged in operating a diverse range of vessels providing marine solutions across the offshore energy, subsea, ports and inshore, and defence sectors. The group has a diverse fleet of purpose-built charter vessels and marine assets available for hire, including ASD harbour tugs, coastal towage tugs, anchor handling tug supply, multicats, dive support vessels, landing craft, crew transfer vessels, and utility vessels, among others. In addition, it provides various marine services such as ROV support, coastal freight, transshipping, vessel line handling, general underwater construction, oil field support services, etc. Geographically, the group derives a majority of its revenue from Australia.
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