Royal India (BOM:512047) Cash Conversion Cycle: 14,099.71 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:512047 Royal India Corp Ltd BOM:512047
50 GF Score
Price ₹5.97
GF Value ₹1.58
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Royal India Cash Conversion Cycle?

Royal India BOM:512047 +0.17% 50 Cash Conversion Cycle is 14,099.71 as of Mar. 2026. GuruFocus rates BOM:512047 with a GF Score™ of 50/100 and a GF Value™ of ₹1.58 (Significantly Overvalued). The stock has 8 warning signs investors should review.

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

Royal India's Days Sales Outstanding for the three months ended in Mar. 2026 was 4924.05.
Royal India's Days Inventory for the three months ended in Mar. 2026 was 13423.57.
Royal India's Days Payable for the three months ended in Mar. 2026 was 4247.91.
Therefore, Royal India's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 14,099.71.


Royal India  (BOM:512047) 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.


Royal India Cash Conversion Cycle Related Terms


Royal India Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Royal 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.

Royal India Cash Conversion Cycle Chart

Royal India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,143.61 1,000.69 1,155.47 174.74 918.65

Royal India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 156.06 280.87 2,820.08 404,029.17 14,099.71

BOM:512047 vs TPR: Cash Conversion Cycle Comparison

For the Luxury Goods subindustry, Royal 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.


Royal India Cash Conversion Cycle vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Royal India's Cash Conversion Cycle distribution charts can be found below:

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


BOM:512047
50GF Score
Royal India Corp Ltd BOM:512047
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal 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.

Royal India's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=195.42+1016.08-292.85
=918.65

Royal India's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=4924.05+13423.57-4247.91
=14,099.71

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 14,099.71 mean?
Royal India (BOM:512047) has a Cash Conversion Cycle of 14,099.71 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Royal India and its competitors.
Is Royal India's Cash Conversion Cycle too high?
Royal India's current Cash Conversion Cycle is 14,099.71. The Retail - Cyclical industry median Cash Conversion Cycle is 68.52. Royal India's value of 14,099.71 is 20479% above this industry median. Overall, Royal India has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal India's Cash Conversion Cycle compare to TPR?
Royal India's Cash Conversion Cycle of 14,099.71 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 68.52. Royal India's value of 14,099.71 is 20479% 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 Retail - Cyclical company?
The median Cash Conversion Cycle among Retail - Cyclical companies is 68.52, based on 1,130 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. Royal India's current Cash Conversion Cycle of 14,099.71 is 20479% 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 Royal India and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 68.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal India's current Cash Conversion Cycle is 14,099.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal India stock overvalued right now?
Based on GuruFocus' analysis, Royal India (BOM:512047) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.58, compared to a current price of ₹5.97 — trading 277.8% above its estimated fair value. The current Cash Conversion Cycle is 14,099.71 and 20479% above the Retail - Cyclical industry median of 68.52. Royal India's overall GF Score™ is 50/100 with 8 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 Royal India (BOM:512047), the current Cash Conversion Cycle is 14,099.71 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 Royal India (BOM:512047) Overvalued in 2026?

Based on GuruFocus' analysis, Royal India stock appears to be overvalued. The current stock price of ₹5.97 is trading 277.8% above its estimated GF Value™ of ₹1.58. GuruFocus considers Royal India to be Significantly Overvalued.

Key valuation signals for BOM:512047:

  • Cash Conversion Cycle: 14,099.71
  • GF Value™: ₹1.58 vs. price of ₹5.97 (277.8% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 20479% above the Retail - Cyclical median

No single metric tells the full story. See the BOM:512047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal India Business Description

Address Plot - 45/47, Dhirubhai Parekh Marg, 34, 2nd Floor, Shanti Bhavan, Ladwadi, Kalbadevi, Mumbai, MH, IND, 400002
Royal India Corp Ltd is engaged in the wholesale trading of Gold Bullion, plain gold jewelry, gold coins, and medallions. It derives the majority of its revenue from Local Gold Bar Sales. The Company has business operations mainly in India.
50GF Score

Get the complete analysis for BOM:512047

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5.97
Price
₹1.58
GF Value