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Hardcastle & Waud Manufacturing Co (BOM:509597) 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.
Hardcastle & Waud Manufacturing Co Cash Conversion Cycle Related Terms
Hardcastle & Waud Manufacturing Co Cash Conversion Cycle Historical Data
* 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.
Hardcastle & Waud Manufacturing Co Cash Conversion Cycle Chart
BOM:509597 vs HON, MMM: Cash Conversion Cycle Comparison
For the Conglomerates subindustry, Hardcastle & Waud Manufacturing Co'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.
Hardcastle & Waud Manufacturing Co Cash Conversion Cycle vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hardcastle & Waud Manufacturing Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Hardcastle & Waud Manufacturing Co's Cash Conversion Cycle falls into.
Hardcastle & Waud Manufacturing Co 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.
* 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.
Hardcastle & Waud Manufacturing Co (BOM:509597) has a Cash Conversion Cycle of -72.73 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Hardcastle & Waud Manufacturing Co and its competitors.
Is Hardcastle & Waud Manufacturing Co's Cash Conversion Cycle too high?
Hardcastle & Waud Manufacturing Co's current Cash Conversion Cycle is -72.73. Overall, Hardcastle & Waud Manufacturing Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hardcastle & Waud Manufacturing Co's Cash Conversion Cycle compare to HON and MMM?
Hardcastle & Waud Manufacturing Co's Cash Conversion Cycle of -72.73 can be compared against companies in the Conglomerates industry. The industry median Cash Conversion Cycle is 71.39. 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 Conglomerates company?
The median Cash Conversion Cycle among Conglomerates companies is 71.39, based on 548 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. 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 Hardcastle & Waud Manufacturing Co and its competitors. For the Conglomerates industry, the median Cash Conversion Cycle is 71.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hardcastle & Waud Manufacturing Co's current Cash Conversion Cycle is -72.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardcastle & Waud Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Hardcastle & Waud Manufacturing Co (BOM:509597) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,559.50, compared to a current price of ₹862.90 — trading 44.7% below its estimated fair value. The current Cash Conversion Cycle is -72.73. Hardcastle & Waud Manufacturing Co's overall GF Score™ is 80/100 with 3 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 Hardcastle & Waud Manufacturing Co (BOM:509597), the current Cash Conversion Cycle is -72.73 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 Hardcastle & Waud Manufacturing Co (BOM:509597) Overvalued in 2026?
Based on GuruFocus' analysis, Hardcastle & Waud Manufacturing Co stock appears to be undervalued.
The current stock price of ₹862.90 is trading 44.7% below its estimated GF Value™ of ₹1,559.50.
GuruFocus considers Hardcastle & Waud Manufacturing Co to be Significantly Undervalued.
Key valuation signals for BOM:509597:
Cash Conversion Cycle: -72.73
GF Value™: ₹1,559.50 vs. price of ₹862.90 (44.7% below fair value)
No single metric tells the full story. See the BOM:509597 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hardcastle & Waud Manufacturing Co Business Description
Hardcastle & Waud Manufacturing Co Ltd is engaged in the manufacturing and marketing of industrial chemicals. The company operates in three segments, including Industrial Chemicals, Investments, and Leasing Activities. The company manufactures chemicals for metalworking, electrical, engineering, and other related industries. Its products include heat treatment products, fluid power products, die-casting lubricants, cutting coolants, drawing compounds, rolling and coating oils, rust preventives, hot forging lubricants, cleaners, and industrial lubricants. The company generates key revenue from the Investment segment.
80GF Score
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