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Urja Global (BOM:526987) Cash Conversion Cycle : 393.94 (As of Mar. 2024)


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What is Urja Global Cash Conversion Cycle?

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

Urja Global's Days Sales Outstanding for the three months ended in Mar. 2024 was 108.07.
Urja Global's Days Inventory for the three months ended in Mar. 2024 was 350.3.
Urja Global's Days Payable for the three months ended in Mar. 2024 was 64.43.
Therefore, Urja Global's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 393.94.


Urja Global Cash Conversion Cycle Historical Data

The historical data trend for Urja Global'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.

Urja Global Cash Conversion Cycle Chart

Urja Global 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 16.30 -24.94 9.67 265.63 338.28

Urja Global 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 209.22 238.19 185.85 184.46 393.94

Competitive Comparison of Urja Global's Cash Conversion Cycle

For the Solar subindustry, Urja Global'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.


Urja Global's Cash Conversion Cycle Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Urja Global's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Urja Global's Cash Conversion Cycle falls into.



Urja Global 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.

Urja Global'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
=104.06+319.04-84.82
=338.28

Urja Global'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
=108.07+350.3-64.43
=393.94

* 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.


Urja Global  (BOM:526987) 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.


Urja Global Cash Conversion Cycle Related Terms

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Urja Global (BOM:526987) Business Description

Traded in Other Exchanges
Address
487/63, 1st Floor, National Market, Peeragarhi, New Delhi, IND, 110087
Urja Global Ltd is an India based renewable energy developer. The firm is engaged in design, consultancy, integration, supply, installation, commissioning and maintenance of off-grid and grid-connected solar power plants and decentralized Solar Application and trading of solar products, Lead Acid Batteries. The company's product portfolio includes batteries; led lights; inverters; PV module; charge controller; solar lanterns; solar power pack; home lighting and others.

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