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Chrome Silicon (BOM:513005) Cash Conversion Cycle : 60.63 (As of Mar. 2024)


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What is Chrome Silicon Cash Conversion Cycle?

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

Chrome Silicon's Days Sales Outstanding for the three months ended in Mar. 2024 was 2.46.
Chrome Silicon's Days Inventory for the three months ended in Mar. 2024 was 107.83.
Chrome Silicon's Days Payable for the three months ended in Mar. 2024 was 49.66.
Therefore, Chrome Silicon's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 60.63.


Chrome Silicon Cash Conversion Cycle Historical Data

The historical data trend for Chrome Silicon'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.

Chrome Silicon Cash Conversion Cycle Chart

Chrome Silicon 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 -131.77 -1,565.12 -340.97 -51.88 125.36

Chrome Silicon 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 -21.32 63.34 13.63 485.63 60.63

Competitive Comparison of Chrome Silicon's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, Chrome Silicon'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.


Chrome Silicon's Cash Conversion Cycle Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Chrome Silicon's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Chrome Silicon's Cash Conversion Cycle falls into.



Chrome Silicon 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.

Chrome Silicon'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
=16.26+415.02-305.92
=125.36

Chrome Silicon'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
=2.46+107.83-49.66
=60.63

* 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.


Chrome Silicon  (BOM:513005) 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.


Chrome Silicon Cash Conversion Cycle Related Terms

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Chrome Silicon (BOM:513005) Business Description

Traded in Other Exchanges
N/A
Address
Progressive Towers, 6-2-913/914, 3rd Floor, Khairatabad, Hyderabad, TG, IND, 500004
Chrome Silicon Ltd formerly VBC Ferro Alloys Ltd engages in the manufacturing of Ferro Alloys. Its product portfolio consists of Ferro Silicon, HC Ferro Chrome, and HC Silico Manganese. Its products are used as additives and deoxidizing agents in steel manufacturing. The company also exports its products. Its segment consists of the manufacturing of Ferro Alloys from which it earns the majority of the revenue.

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