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Prag Bosimi Synthetics (BOM:500192) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Prag Bosimi Synthetics Cash Conversion Cycle?

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

Prag Bosimi Synthetics's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.
Prag Bosimi Synthetics's Days Inventory for the three months ended in Dec. 2023 was 0.
Prag Bosimi Synthetics's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, Prag Bosimi Synthetics's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 0.00.


Prag Bosimi Synthetics Cash Conversion Cycle Historical Data

The historical data trend for Prag Bosimi Synthetics'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.

Prag Bosimi Synthetics Cash Conversion Cycle Chart

Prag Bosimi Synthetics Annual Data
Trend Mar12 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.35 295.69 2,329.57 717.18 1,028.15

Prag Bosimi Synthetics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 91.48 504.34 171.90 7,483.92 -

Competitive Comparison of Prag Bosimi Synthetics's Cash Conversion Cycle

For the Textile Manufacturing subindustry, Prag Bosimi Synthetics'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.


Prag Bosimi Synthetics's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prag Bosimi Synthetics's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Prag Bosimi Synthetics's Cash Conversion Cycle falls into.



Prag Bosimi Synthetics 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.

Prag Bosimi Synthetics's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=434.57+1364.92-771.34
=1,028.15

Prag Bosimi Synthetics's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Prag Bosimi Synthetics  (BOM:500192) 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.


Prag Bosimi Synthetics Cash Conversion Cycle Related Terms

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Prag Bosimi Synthetics (BOM:500192) Business Description

Traded in Other Exchanges
N/A
Address
Sir P. M. Road, 5th Floor, R-79/83, Laxmi Insurance Building, Mumbai, MH, IND, 400001
Prag Bosimi Synthetics Ltd is an India-based holding company that engages in trading activities in textile-related products. The company manufactures and sells polyester filament yarn and partially oriented yarn (POY) products in India. The firm operates in four segments: Packaging, Garment, Knitted Fabrics, and Others. Its polyester filament yarns include texturized, dyed, and dope-dyed products. The firm's majority revenue gets generated through the Knitted Fabrics segment.

Prag Bosimi Synthetics (BOM:500192) Headlines

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