Dolphin Medical Services (BOM:526504) Cash Conversion Cycle: 36.91 (As of Mar. 2026)


BOM:526504 Dolphin Medical Services Ltd BOM:526504
45 GF Score
Price ₹9.12
GF Value ₹2.38
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Dolphin Medical Services Cash Conversion Cycle?

Dolphin Medical Services BOM:526504 45 Cash Conversion Cycle is 36.91 as of Mar. 2026. GuruFocus rates BOM:526504 with a GF Score™ of 45/100 and a GF Value™ of ₹2.38 (Significantly Overvalued). The stock has 5 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.

Dolphin Medical Services's Days Sales Outstanding for the three months ended in Mar. 2026 was 0.
Dolphin Medical Services's Days Inventory for the three months ended in Mar. 2026 was 36.91.
Dolphin Medical Services's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, Dolphin Medical Services's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 36.91.


Dolphin Medical Services  (BOM:526504) 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.


Dolphin Medical Services Cash Conversion Cycle Related Terms


Dolphin Medical Services Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Dolphin Medical Services'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.

Dolphin Medical Services Cash Conversion Cycle Chart

Dolphin Medical Services 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 9.78 12.75 18.63 26.68 34.51

Dolphin Medical Services 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 16.69 37.76 25.45 22.73 36.91

BOM:526504 vs TMO, DHR, IDXX: Cash Conversion Cycle Comparison

For the Diagnostics & Research subindustry, Dolphin Medical Services'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.


Dolphin Medical Services Cash Conversion Cycle vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Dolphin Medical Services's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Dolphin Medical Services's Cash Conversion Cycle falls into.


BOM:526504
45GF Score
Dolphin Medical Services Ltd BOM:526504
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Dolphin Medical Services 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.

Dolphin Medical Services'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
=0+34.51-0
=34.51

Dolphin Medical Services'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
=0+36.91-0
=36.91

* 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 36.91 mean?
Dolphin Medical Services (BOM:526504) has a Cash Conversion Cycle of 36.91 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Dolphin Medical Services and its competitors.
Is Dolphin Medical Services' Cash Conversion Cycle too high?
Dolphin Medical Services' current Cash Conversion Cycle is 36.91. The Medical Diagnostics & Research industry median Cash Conversion Cycle is 74.74. Dolphin Medical Services' value of 36.91 is 50.6% below this industry median. Overall, Dolphin Medical Services has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dolphin Medical Services' Cash Conversion Cycle compare to TMO and DHR?
Dolphin Medical Services' Cash Conversion Cycle of 36.91 can be compared against companies in the Medical Diagnostics & Research industry. The industry median Cash Conversion Cycle is 74.74. Dolphin Medical Services' value of 36.91 is 50.6% 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 Medical Diagnostics & Research company?
The median Cash Conversion Cycle among Medical Diagnostics & Research companies is 74.74, based on 205 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. Dolphin Medical Services's current Cash Conversion Cycle of 36.91 is 50.6% 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 Dolphin Medical Services and its competitors. For the Medical Diagnostics & Research industry, the median Cash Conversion Cycle is 74.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Medical Services's current Cash Conversion Cycle is 36.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Medical Services stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Medical Services (BOM:526504) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.38, compared to a current price of ₹9.12 — trading 283.2% above its estimated fair value. The current Cash Conversion Cycle is 36.91 and 50.6% below the Medical Diagnostics & Research industry median of 74.74. Dolphin Medical Services' overall GF Score™ is 45/100 with 5 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 Dolphin Medical Services (BOM:526504), the current Cash Conversion Cycle is 36.91 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 Dolphin Medical Services (BOM:526504) Overvalued in 2026?

Based on GuruFocus' analysis, Dolphin Medical Services stock appears to be overvalued. The current stock price of ₹9.12 is trading 283.2% above its estimated GF Value™ of ₹2.38. GuruFocus considers Dolphin Medical Services to be Significantly Overvalued.

Key valuation signals for BOM:526504:

  • Cash Conversion Cycle: 36.91
  • GF Value™: ₹2.38 vs. price of ₹9.12 (283.2% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 50.6% below the Medical Diagnostics & Research median

No single metric tells the full story. See the BOM:526504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dolphin Medical Services Business Description

Address Kovelamudivari Veedhi, D.No.29-28/1-27, Suryaraopet, Vijayawada, AP, IND, 520002
Dolphin Medical Services Ltd is engaged in providing diagnostics and other allied services. It includes a range of tests covering radiology and imaging, biochemistry, pathology, and microbiology. In addition, the company is also involved in Information Technology, Biotechnology, and Herbal sectors. Services provided by the company are Diagnostic Centre provides all the services under one roof; the Ophthalmic Laser Care Centre provides total laser eye treatment as "Dolphin Nethralaya"; Teleradiology Services; Clinical Trials and Life Sciences division; Medical Equipment & Goods associated distribution; Bio-Tech Division is to provide Foods and Herbal Products and Dolphin Electronic Solution and Technologies(DEST).
45GF Score

Get the complete analysis for BOM:526504

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

₹9.12
Price
₹2.38
GF Value