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Oriental Aromatics (BOM:500078) Cash Conversion Cycle : 190.81 (As of Dec. 2024)


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What is Oriental Aromatics Cash Conversion Cycle?

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

Oriental Aromatics's Days Sales Outstanding for the three months ended in Dec. 2024 was 77.49.
Oriental Aromatics's Days Inventory for the three months ended in Dec. 2024 was 169.07.
Oriental Aromatics's Days Payable for the three months ended in Dec. 2024 was 55.75.
Therefore, Oriental Aromatics's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 190.81.


Oriental Aromatics Cash Conversion Cycle Historical Data

The historical data trend for Oriental Aromatics'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.

Oriental Aromatics Cash Conversion Cycle Chart

Oriental Aromatics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.68 189.39 178.63 212.36 208.45

Oriental Aromatics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 233.13 185.43 187.48 178.17 190.81

Competitive Comparison of Oriental Aromatics's Cash Conversion Cycle

For the Specialty Chemicals subindustry, Oriental Aromatics'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.


Oriental Aromatics's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Oriental Aromatics's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Oriental Aromatics's Cash Conversion Cycle falls into.


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Oriental Aromatics 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.

Oriental Aromatics's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=81.3+172.26-45.11
=208.45

Oriental Aromatics's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=77.49+169.07-55.75
=190.81

* 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.


Oriental Aromatics  (BOM:500078) 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.


Oriental Aromatics Cash Conversion Cycle Related Terms

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Oriental Aromatics Business Description

Traded in Other Exchanges
Address
Mahatma Gandhi Road, 133, Jehangir Building, 2nd Floor, Fort, Mumbai, MH, IND, 400 001
Oriental Aromatics Ltd is Indian based company engaged in the business of manufacturing of fine chemicals along with its principal products and services including Perfumery Chemicals, Camphor, and Isoborneol. The organization also manufactures and sells camphor, terpineols, resins, aromatic and terpene chemicals, fragrance chemicals, and fragrance chemical intermediaries. The firm offers a range of products, which consists of synthetic camphor, terpineols, pine oils, resins, astromusk, perfumery chemicals, and specialty chemicals. The primary segment of the company is the manufacturing of fine chemicals. It operates in two geographical segments: Domestic and Export. The company makes the majority of its revenue within operations in India.

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