DIC India's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 100.26.
DIC India's Days Inventory for the
three
months ended in Mar. 2026 was 63.61.
DIC India's Days Payable for the
three
months ended in Mar. 2026 was 73.65.
Therefore, DIC India's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 90.22.
DIC India (BOM:500089) 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.
DIC India Cash Conversion Cycle Related Terms
DIC India Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for DIC India'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.
BOM:500089 vs LIN, SHW, ECL: Cash Conversion Cycle Comparison
For the Specialty Chemicals subindustry, DIC India'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.
DIC India Cash Conversion Cycle vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, DIC India's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where DIC India'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.
DIC India's Cash Conversion Cycle 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.
DIC India (BOM:500089) has a Cash Conversion Cycle of 90.22 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on DIC India and its competitors.
Is DIC India's Cash Conversion Cycle too high?
DIC India's current Cash Conversion Cycle is 90.22. The Chemicals industry median Cash Conversion Cycle is 89.33. DIC India's value of 90.22 is 1% above this industry median. Overall, DIC India has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DIC India's Cash Conversion Cycle compare to LIN and SHW?
DIC India's Cash Conversion Cycle of 90.22 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.33. DIC India's value of 90.22 is 1% above 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.33, based on 1,575 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. DIC India's current Cash Conversion Cycle of 90.22 is 1% 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 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 DIC India and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DIC India's current Cash Conversion Cycle is 90.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIC India stock overvalued right now?
Based on GuruFocus' analysis, DIC India (BOM:500089) is currently considered Fairly Valued. The stock's GF Value™ is ₹555.96, compared to a current price of ₹515.00 — trading 7.4% below its estimated fair value. The current Cash Conversion Cycle is 90.22 and 1% above the Chemicals industry median of 89.33. DIC India's overall GF Score™ is 70/100 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 DIC India (BOM:500089), the current Cash Conversion Cycle is 90.22 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 DIC India (BOM:500089) Overvalued in 2026?
Based on GuruFocus' analysis, DIC India stock appears to be undervalued.
The current stock price of ₹515.00 is trading 7.4% below its estimated GF Value™ of ₹555.96.
GuruFocus considers DIC India to be Fairly Valued.
Key valuation signals for BOM:500089:
Cash Conversion Cycle: 90.22
GF Value™: ₹555.96 vs. price of ₹515.00 (7.4% below fair value)
No single metric tells the full story. See the BOM:500089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DIC India Ltd is an Indian company engaged in the business of manufacturing printing inks, which cover newsprint ink, offset ink, and liquid ink used in newspapers, other publications, and the packaging industries. It also provides lamination adhesives. The company's product portfolio comprises gravure printing inks, offset inks, barrier coatings, adhesives, metal deco inks, and specialty inks, among others. Geographically, the company generates the majority of its revenue from the sale of its products in its domestic market, and the rest through exports.
70GF Score
Get the complete analysis for BOM:500089
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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