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.
Indbank Merchant Banking Services Cash Conversion Cycle Related Terms
Indbank Merchant Banking Services 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.
BOM:511473 vs MS, GS, SCHW: Cash Conversion Cycle Comparison
For the Capital Markets subindustry, Indbank Merchant Banking Services'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.
Indbank Merchant Banking Services Cash Conversion Cycle vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Indbank Merchant Banking Services's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Indbank Merchant Banking Services'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.
* 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.
Indbank Merchant Banking Services (BOM:511473) has a Cash Conversion Cycle of 127.54 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Indbank Merchant Banking Services and its competitors.
Is Indbank Merchant Banking Services' Cash Conversion Cycle too high?
Indbank Merchant Banking Services' current Cash Conversion Cycle is 127.54. The Capital Markets industry median Cash Conversion Cycle is 1.74. Indbank Merchant Banking Services' value of 127.54 is 7229.9% above this industry median. Overall, Indbank Merchant Banking Services has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indbank Merchant Banking Services' Cash Conversion Cycle compare to MS and GS?
Indbank Merchant Banking Services' Cash Conversion Cycle of 127.54 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.74. Indbank Merchant Banking Services' value of 127.54 is 7229.9% above 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 1.74, based on 639 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. Indbank Merchant Banking Services's current Cash Conversion Cycle of 127.54 is 7229.9% above 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 Indbank Merchant Banking Services and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indbank Merchant Banking Services's current Cash Conversion Cycle is 127.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indbank Merchant Banking Services stock overvalued right now?
Based on GuruFocus' analysis, Indbank Merchant Banking Services (BOM:511473) is currently considered Fairly Valued. The stock's GF Value™ is ₹32.05, compared to a current price of ₹34.54 — trading 7.8% above its estimated fair value. The current Cash Conversion Cycle is 127.54 and 7229.9% above the Capital Markets industry median of 1.74. Indbank Merchant Banking Services' overall GF Score™ is 79/100 with 5 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 Indbank Merchant Banking Services (BOM:511473), the current Cash Conversion Cycle is 127.54 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 Indbank Merchant Banking Services (BOM:511473) Overvalued in 2026?
Based on GuruFocus' analysis, Indbank Merchant Banking Services stock appears to be overvalued.
The current stock price of ₹34.54 is trading 7.8% above its estimated GF Value™ of ₹32.05.
GuruFocus considers Indbank Merchant Banking Services to be Fairly Valued.
Key valuation signals for BOM:511473:
Cash Conversion Cycle: 127.54
GF Value™: ₹32.05 vs. price of ₹34.54 (7.8% above fair value)
Industry Position: 7229.9% above the Capital Markets median
No single metric tells the full story. See the BOM:511473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indbank Merchant Banking Services Business Description
Indbank Merchant Banking Services Ltd is an India based company engaged in merchant banking activities. It is involved in providing fee-based services which include operations like merchant banking, stock broking, depository participant services, distribution of financial products and allied activities. The company carries its operations in India and generates the majority of the revenue from the stock broking membership operations.
79GF Score
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