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Gillette India (BOM:507815) Cash Conversion Cycle : -35.63 (As of Dec. 2024)


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What is Gillette India Cash Conversion Cycle?

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

Gillette India's Days Sales Outstanding for the three months ended in Dec. 2024 was 40.5.
Gillette India's Days Inventory for the three months ended in Dec. 2024 was 139.53.
Gillette India's Days Payable for the three months ended in Dec. 2024 was 215.66.
Therefore, Gillette India's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was -35.63.


Gillette India Cash Conversion Cycle Historical Data

The historical data trend for Gillette 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.

* Premium members only.

Gillette India Cash Conversion Cycle Chart

Gillette India Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.76 26.37 -0.10 -23.64 -39.83

Gillette India 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 -12.29 -7.26 -45.83 -33.13 -35.63

Competitive Comparison of Gillette India's Cash Conversion Cycle

For the Household & Personal Products subindustry, Gillette 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.


Gillette India's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gillette India's Cash Conversion Cycle distribution charts can be found below:

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


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Gillette India 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.

Gillette India's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=41.2+128.15-209.18
=-39.83

Gillette India'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
=40.5+139.53-215.66
=-35.63

* 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.


Gillette India  (BOM:507815) 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.


Gillette India Cash Conversion Cycle Related Terms

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Gillette India Business Description

Traded in Other Exchanges
Address
Cardinal Gracias Road, P&G Plaza, Chakala, Andheri (East), Mumbai, MH, IND, 400099
Gillette India Ltd is an Indian personal-care products company. The company manufactures and sells products in the grooming and oral care businesses. The company's products are sold through retail operations including mass merchandisers, grocery stores, membership club stores, drug stores, department stores, and high frequency stores. Its reportable segments are; Grooming and Oral Care. A majority of its revenue is generated from the Grooming segment which produces and sells shaving systems and cartridges, blades, toiletries, and related components. The Oral Care segment produces and sells tooth brushes and oral care products. Geographically, the company derives its key revenue from India, and the rest from outside India.

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