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HLE Glascoat's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 62.87.
HLE Glascoat's Days Inventory for the
three
months ended in Mar. 2026 was 179.74.
HLE Glascoat's Days Payable for the
three
months ended in Mar. 2026 was 74.39.
Therefore, HLE Glascoat's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 168.22.
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.
HLE Glascoat Cash Conversion Cycle Related Terms
HLE Glascoat Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for HLE Glascoat'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.
BOM:522215 vs GEV, ETN, PH: Cash Conversion Cycle Comparison
For the Specialty Industrial Machinery subindustry, HLE Glascoat'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.
HLE Glascoat Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HLE Glascoat's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where HLE Glascoat'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.
HLE Glascoat's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
HLE Glascoat (BOM:522215) has a Cash Conversion Cycle of 168.22 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on HLE Glascoat and its competitors.
Is HLE Glascoat's Cash Conversion Cycle too high?
HLE Glascoat's current Cash Conversion Cycle is 168.22. The Industrial Products industry median Cash Conversion Cycle is 121.68. HLE Glascoat's value of 168.22 is 38.2% above this industry median. Overall, HLE Glascoat has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HLE Glascoat's Cash Conversion Cycle compare to GEV and ETN?
HLE Glascoat's Cash Conversion Cycle of 168.22 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 121.68. HLE Glascoat's value of 168.22 is 38.2% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 121.68, based on 3,035 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. HLE Glascoat's current Cash Conversion Cycle of 168.22 is 38.2% 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 HLE Glascoat and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 121.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HLE Glascoat's current Cash Conversion Cycle is 168.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HLE Glascoat stock overvalued right now?
Based on GuruFocus' analysis, HLE Glascoat (BOM:522215) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹621.46, compared to a current price of ₹379.75 — trading 38.9% below its estimated fair value. The current Cash Conversion Cycle is 168.22 and 38.2% above the Industrial Products industry median of 121.68. HLE Glascoat's overall GF Score™ is 85/100 with 4 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 HLE Glascoat (BOM:522215), the current Cash Conversion Cycle is 168.22 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 HLE Glascoat (BOM:522215) Overvalued in 2026?
Based on GuruFocus' analysis, HLE Glascoat stock appears to be undervalued.
The current stock price of ₹379.75 is trading 38.9% below its estimated GF Value™ of ₹621.46.
GuruFocus considers HLE Glascoat to be Significantly Undervalued.
Key valuation signals for BOM:522215:
Cash Conversion Cycle: 168.22
GF Value™: ₹621.46 vs. price of ₹379.75 (38.9% below fair value)
Industry Position: 38.2% above the Industrial Products median
No single metric tells the full story. See the BOM:522215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HLE Glascoat Ltd is a process equipment manufacturer and a solution provider to the chemical and pharmaceutical industries. The company mainly manufactures filtration, glass-lined, and drying equipment. Its product portfolio comprises reactors, receivers, storage tanks, columns, agitators, agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment, and related spares and accessories. The company's operating segments are: Filtration, drying and other equipment; Glass-lined equipment; and Heat transfer equipment. Maximum revenue is generated from its glass-lined equipment business. Geographically, the company generates maximum revenue from its business in India, and also exports its products to other markets.
85GF Score
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