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Kisan Mouldings (BOM:530145) Cash Conversion Cycle : 77.12 (As of Dec. 2024)


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What is Kisan Mouldings Cash Conversion Cycle?

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

Kisan Mouldings's Days Sales Outstanding for the three months ended in Dec. 2024 was 49.99.
Kisan Mouldings's Days Inventory for the three months ended in Dec. 2024 was 115.09.
Kisan Mouldings's Days Payable for the three months ended in Dec. 2024 was 87.96.
Therefore, Kisan Mouldings's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 77.12.


Kisan Mouldings Cash Conversion Cycle Historical Data

The historical data trend for Kisan Mouldings'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.

Kisan Mouldings Cash Conversion Cycle Chart

Kisan Mouldings 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 249.23 273.64 153.97 117.43 59.53

Kisan Mouldings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 90.46 30.61 13.47 106.89 77.12

Competitive Comparison of Kisan Mouldings's Cash Conversion Cycle

For the Building Products & Equipment subindustry, Kisan Mouldings'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.


Kisan Mouldings's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kisan Mouldings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Kisan Mouldings's Cash Conversion Cycle falls into.


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Kisan Mouldings 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.

Kisan Mouldings'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
=58.34+74.89-73.7
=59.53

Kisan Mouldings's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=49.99+115.09-87.96
=77.12

* 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.


Kisan Mouldings  (BOM:530145) 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.


Kisan Mouldings Cash Conversion Cycle Related Terms

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Kisan Mouldings Business Description

Traded in Other Exchanges
N/A
Address
26 - A, Chandivali Road, Off Saki Vihar Road, Tex Centre, K-Wing, 3rd Floor, Andheri (East), Mumbai, MH, IND, 400072
Kisan Mouldings Ltd is engaged in the manufacturing of polyvinyl chloride pipes, fittings, and allied products. Its pipes and fittings are widely used for water management, irrigation, water distribution, cable ducting, drinking water, tube wells and sewage disposal systems. The company has also engaged itself in the manufacturing of Custom Moulded Articles and Moulded Furniture. The company has manufacturing facilities across the country and sells primarily in India through independent distributors.

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