Veejay Lakshmi Engineering Works (BOM:522267) 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.
Veejay Lakshmi Engineering Works Cash Conversion Cycle Related Terms
Veejay Lakshmi Engineering Works 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.
Veejay Lakshmi Engineering Works Cash Conversion Cycle Chart
Veejay Lakshmi Engineering Works Cash Conversion Cycle Competitor Comparison
For the Textile Manufacturing subindustry, Veejay Lakshmi Engineering Works'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.
Veejay Lakshmi Engineering Works Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Veejay Lakshmi Engineering Works's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Veejay Lakshmi Engineering Works's Cash Conversion Cycle falls into.
Veejay Lakshmi Engineering Works 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.
* 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.
Veejay Lakshmi Engineering Works (BOM:522267) has a Cash Conversion Cycle of 53.16 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Veejay Lakshmi Engineering Works and its competitors.
Is Veejay Lakshmi Engineering Works' Cash Conversion Cycle too high?
Veejay Lakshmi Engineering Works' current Cash Conversion Cycle is 53.16. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.49. Veejay Lakshmi Engineering Works' value of 53.16 is 57.3% below this industry median. Overall, Veejay Lakshmi Engineering Works has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Veejay Lakshmi Engineering Works' Cash Conversion Cycle compare to competitors?
Veejay Lakshmi Engineering Works' Cash Conversion Cycle of 53.16 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.49. Veejay Lakshmi Engineering Works' value of 53.16 is 57.3% below 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.49, based on 1,036 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. Veejay Lakshmi Engineering Works's current Cash Conversion Cycle of 53.16 is 57.3% below 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 Veejay Lakshmi Engineering Works and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veejay Lakshmi Engineering Works's current Cash Conversion Cycle is 53.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veejay Lakshmi Engineering Works stock overvalued right now?
Based on GuruFocus' analysis, Veejay Lakshmi Engineering Works (BOM:522267) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.61, compared to a current price of ₹37.54 — trading 33.7% below its estimated fair value. The current Cash Conversion Cycle is 53.16 and 57.3% below the Manufacturing - Apparel & Accessories industry median of 124.49. Veejay Lakshmi Engineering Works' overall GF Score™ is 58/100 with 6 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 Veejay Lakshmi Engineering Works (BOM:522267), the current Cash Conversion Cycle is 53.16 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 Veejay Lakshmi Engineering Works (BOM:522267) Overvalued in 2026?
Based on GuruFocus' analysis, Veejay Lakshmi Engineering Works stock appears to be undervalued.
The current stock price of ₹37.54 is trading 33.7% below its estimated GF Value™ of ₹56.61.
GuruFocus considers Veejay Lakshmi Engineering Works to be Possible Value Trap.
Key valuation signals for BOM:522267:
Cash Conversion Cycle: 53.16
GF Value™: ₹56.61 vs. price of ₹37.54 (33.7% below fair value)
Industry Position: 57.3% below the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the BOM:522267 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veejay Lakshmi Engineering Works Business Description
Veejay Lakshmi Engineering Works Ltd is an Indian company that operates in the textile industry. The operating segment of the company includes Engineering and Textile. It generates maximum revenue from the Textile segment. The Textile Division is engaged in producing yarn and fabrics. Its Engineering Division is engaged in producing Two for One Twisters and Assembly Winders.
58GF Score
Get the complete analysis for BOM:522267
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:522267 has been successfully added to your 
