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Nelco's Days Sales Outstanding for the
three
months ended in Jun. 2026 was 118.17.
Nelco's Days Inventory for the
three
months ended in Jun. 2026 was 480.79.
Nelco's Days Payable for the
three
months ended in Jun. 2026 was 549.09.
Therefore, Nelco's Cash Conversion Cycle (CCC) for the
three
months ended in Jun. 2026 was 49.87.
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.
Nelco Cash Conversion Cycle Related Terms
Nelco Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Nelco'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:504112 vs CSCO, CIEN, MSI: Cash Conversion Cycle Comparison
For the Communication Equipment subindustry, Nelco'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.
Nelco Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Nelco's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nelco'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.
Nelco's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
Nelco (BOM:504112) has a Cash Conversion Cycle of 49.87 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nelco and its competitors.
Is Nelco's Cash Conversion Cycle too high?
Nelco's current Cash Conversion Cycle is 49.87. The Hardware industry median Cash Conversion Cycle is 99.18. Nelco's value of 49.87 is 49.7% below this industry median. Overall, Nelco has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nelco's Cash Conversion Cycle compare to CSCO and CIEN?
Nelco's Cash Conversion Cycle of 49.87 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.18. Nelco's value of 49.87 is 49.7% below 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 99.18, based on 2,479 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. Nelco's current Cash Conversion Cycle of 49.87 is 49.7% below 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 Nelco and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nelco's current Cash Conversion Cycle is 49.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelco stock overvalued right now?
Based on GuruFocus' analysis, Nelco (BOM:504112) is currently considered Fairly Valued. The stock's GF Value™ is ₹812.10, compared to a current price of ₹865.70 — trading 6.6% above its estimated fair value. The current Cash Conversion Cycle is 49.87 and 49.7% below the Hardware industry median of 99.18. Nelco's overall GF Score™ is 67/100 with 7 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 Nelco (BOM:504112), the current Cash Conversion Cycle is 49.87 as of Jun. 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 Nelco (BOM:504112) Overvalued in 2026?
Based on GuruFocus' analysis, Nelco stock appears to be overvalued.
The current stock price of ₹865.70 is trading 6.6% above its estimated GF Value™ of ₹812.10.
GuruFocus considers Nelco to be Fairly Valued.
Key valuation signals for BOM:504112:
Cash Conversion Cycle: 49.87
GF Value™: ₹812.10 vs. price of ₹865.70 (6.6% above fair value)
Industry Position: 49.7% below the Hardware median
No single metric tells the full story. See the BOM:504112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nelco Ltd is in the business of providing domestic satellite communication services to close user group (CUG) networks via Satellite System on non-exclusive basis within the territorial boundary of India under the VSAT, ISP and other Licenses and authorisation granted by Department of Telecommunications, Government of India. The company operates in a single reportable segment, namely Network Systems, comprising Satellite Communication (Satcom) Services, which include equipment sales, maintenance, and other allied services. The group earns revenue from providing Satellite communication connectivity systems and solutions through sale of goods, providing installation and annual maintenance services, renting of goods, Integrated Security & Surveillance services.
67GF Score
Get the complete analysis for BOM:504112
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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