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Libord Finance (BOM:511593) Cash Conversion Cycle : 980.39 (As of Mar. 2024)


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What is Libord Finance Cash Conversion Cycle?

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

Libord Finance's Days Sales Outstanding for the three months ended in Mar. 2024 was 984.23.
Libord Finance's Days Inventory for the three months ended in Mar. 2024 was 0.
Libord Finance's Days Payable for the three months ended in Mar. 2024 was 3.84.
Therefore, Libord Finance's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 980.39.


Libord Finance Cash Conversion Cycle Historical Data

The historical data trend for Libord Finance'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.

Libord Finance Cash Conversion Cycle Chart

Libord Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -126.99 96.78 341.94 461.54 461.97

Libord Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 343.12 782.88 624.33 159.34 980.39

Competitive Comparison of Libord Finance's Cash Conversion Cycle

For the Capital Markets subindustry, Libord Finance'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.


Libord Finance's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Libord Finance's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Libord Finance's Cash Conversion Cycle falls into.



Libord Finance 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.

Libord Finance's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=466.71+0-4.74
=461.97

Libord Finance's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=984.23+0-3.84
=980.39

* 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.


Libord Finance  (BOM:511593) 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.


Libord Finance Cash Conversion Cycle Related Terms

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Libord Finance (BOM:511593) Business Description

Traded in Other Exchanges
N/A
Address
300, Shahid Bhagat Singh Road, 104, M. K. Bhavan, Fort, Mumbai, MH, IND, 400001
Libord Finance Ltd is engaged in providing various financial services. The company provides services like stock broking, merchant banking, merger and acquisition, corporate finance, corporate advisory services, corporate debt restructuring, rehabilitation of sick companies, project management, and other. The company receives maximum revenue in the form of consultancy charges. Geographically, the company operates in the Indian market region.

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