Narmada Gelatines (BOM:526739) Cash Conversion Cycle: 163.62 (As of Jun. 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:526739 Narmada Gelatines Ltd BOM:526739
74 GF Score
Price ₹469.25
GF Value ₹464.80
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Narmada Gelatines Cash Conversion Cycle?

Narmada Gelatines BOM:526739 +0.32% 74 Cash Conversion Cycle is 163.62 as of Jun. 2026. GuruFocus rates BOM:526739 with a GF Score™ of 74/100 and a GF Value™ of ₹464.80 (Fairly Valued). The stock has 1 warning sign investors should review.

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

Narmada Gelatines's Days Sales Outstanding for the three months ended in Jun. 2026 was 46.99.
Narmada Gelatines's Days Inventory for the three months ended in Jun. 2026 was 156.17.
Narmada Gelatines's Days Payable for the three months ended in Jun. 2026 was 39.54.
Therefore, Narmada Gelatines's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 163.62.


Narmada Gelatines  (BOM:526739) 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.


Narmada Gelatines Cash Conversion Cycle Related Terms


Narmada Gelatines Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Narmada Gelatines'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.

Narmada Gelatines Cash Conversion Cycle Chart

Narmada Gelatines 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 148.84 143.05 154.93 146.20 149.85

Narmada Gelatines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 160.89 160.75 146.53 143.30 163.62

BOM:526739 vs LIN, SHW, ECL: Cash Conversion Cycle Comparison

For the Specialty Chemicals subindustry, Narmada Gelatines'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.


Narmada Gelatines Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Narmada Gelatines's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Narmada Gelatines's Cash Conversion Cycle falls into.


BOM:526739
74GF Score
Narmada Gelatines Ltd BOM:526739
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Narmada Gelatines 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.

Narmada Gelatines'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
=45.73+150.85-46.73
=149.85

Narmada Gelatines's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=46.99+156.17-39.54
=163.62

* 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 163.62 mean?
Narmada Gelatines (BOM:526739) has a Cash Conversion Cycle of 163.62 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Narmada Gelatines and its competitors.
Is Narmada Gelatines' Cash Conversion Cycle too high?
Narmada Gelatines' current Cash Conversion Cycle is 163.62. The Chemicals industry median Cash Conversion Cycle is 87.66. Narmada Gelatines' value of 163.62 is 86.7% above this industry median. Overall, Narmada Gelatines has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Narmada Gelatines' Cash Conversion Cycle compare to LIN and SHW?
Narmada Gelatines' Cash Conversion Cycle of 163.62 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 87.66. Narmada Gelatines' value of 163.62 is 86.7% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 87.66, based on 1,589 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. Narmada Gelatines's current Cash Conversion Cycle of 163.62 is 86.7% 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 Narmada Gelatines and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 87.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Gelatines's current Cash Conversion Cycle is 163.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Gelatines stock overvalued right now?
Based on GuruFocus' analysis, Narmada Gelatines (BOM:526739) is currently considered Fairly Valued. The stock's GF Value™ is ₹464.80, compared to a current price of ₹469.25 — trading 1% above its estimated fair value. The current Cash Conversion Cycle is 163.62 and 86.7% above the Chemicals industry median of 87.66. Narmada Gelatines' overall GF Score™ is 74/100 with 1 warning sign 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 Narmada Gelatines (BOM:526739), the current Cash Conversion Cycle is 163.62 as of Jun. 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 Narmada Gelatines (BOM:526739) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Gelatines stock appears to be overvalued. The current stock price of ₹469.25 is trading 1% above its estimated GF Value™ of ₹464.80. GuruFocus considers Narmada Gelatines to be Fairly Valued.

Key valuation signals for BOM:526739:

  • Cash Conversion Cycle: 163.62
  • GF Value™: ₹464.80 vs. price of ₹469.25 (1% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 86.7% above the Chemicals median

No single metric tells the full story. See the BOM:526739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Gelatines Business Description

Address 15 Civil Lines, Post Box No. 91, Caravs Building, 1st Floor, Room No 28, Jabalpur, MP, IND, 482001
Narmada Gelatines Ltd manufactures and sells Ossein, Gelatine, and by-product Di-calcium Phosphate (DCP) from its Jabalpur facility. Gelatine, a natural animal protein derived from collagen in animal bones, especially bovine bones, is composed of essential amino acids and used in pharmaceuticals, food, photographic, and technical industries. The company operates mainly in India and exports internationally, with domestic sales forming the majority of its revenue. Gelatine and its related products form the company's main operating segment.
74GF Score

Get the complete analysis for BOM:526739

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

₹469.25
Price
₹464.80
GF Value