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India Glycols (BOM:500201) Cash Conversion Cycle : 71.32 (As of Mar. 2025)


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What is India Glycols Cash Conversion Cycle?

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

India Glycols's Days Sales Outstanding for the three months ended in Mar. 2025 was 38.58.
India Glycols's Days Inventory for the three months ended in Mar. 2025 was 200.12.
India Glycols's Days Payable for the three months ended in Mar. 2025 was 167.38.
Therefore, India Glycols's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 71.32.


India Glycols Cash Conversion Cycle Historical Data

The historical data trend for India Glycols'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.

India Glycols Cash Conversion Cycle Chart

India Glycols Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.14 48.98 54.67 35.54 45.97

India Glycols Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 28.69 26.91 57.89 57.46 71.32

Competitive Comparison of India Glycols's Cash Conversion Cycle

For the Chemicals subindustry, India Glycols'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.


India Glycols's Cash Conversion Cycle Distribution in the Chemicals Industry

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

* The bar in red indicates where India Glycols's Cash Conversion Cycle falls into.


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India Glycols 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.

India Glycols's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=36.28+172.59-162.9
=45.97

India Glycols's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=38.58+200.12-167.38
=71.32

* 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.


India Glycols  (BOM:500201) 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.


India Glycols Cash Conversion Cycle Related Terms

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India Glycols Business Description

Traded in Other Exchanges
Address
Plot No. 2B, Sector - 126, District Gautam Budh Nagar, Noida, UP, IND, 201304
India Glycols Ltd is engaged in the manufacturing and marketing of chemicals. It offers Specialty chemicals, Ethyl Alcohol (Portable), Nutraceutical and herbal extraction, Natural Gum and its derivatives, and Industrial gases, among others. The company produces chemicals through the agricultural route and manufactures ethoxylates and glycol ethers through the molasses route. The operating segments of the company are Bio-based Specialities and Performance Chemicals, Potable Spirits, and Ennature Biopharma segment. The majority of the company's revenue is derived from its Potable Spirits segment which comprises the manufacture and sale of Ethyl Alcohol (Potable). Geographically, the company generates its key revenue from the domestic market and also has its presence overseas.

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