Emgee Cablesmmunications (BOM:530333) Cash Conversion Cycle: 97.72 (As of Dec. 2017)

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What is Emgee Cablesmmunications Cash Conversion Cycle?

Emgee Cablesmmunications BOM:530333 Cash Conversion Cycle is 97.72 as of Dec. 2017.

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

Emgee Cablesmmunications's Days Sales Outstanding for the three months ended in Dec. 2017 was 102.86.
Emgee Cablesmmunications's Days Inventory for the three months ended in Dec. 2017 was 100.62.
Emgee Cablesmmunications's Days Payable for the three months ended in Dec. 2017 was 105.76.
Therefore, Emgee Cablesmmunications's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2017 was 97.72.


Emgee Cablesmmunications  (BOM:530333) 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.


Emgee Cablesmmunications Cash Conversion Cycle Related Terms


Emgee Cablesmmunications Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Emgee Cablesmmunications'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.

Emgee Cablesmmunications Cash Conversion Cycle Chart

Emgee Cablesmmunications Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.26 70.22 71.67 71.83 85.01

Emgee Cablesmmunications Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 107.29 90.64 98.05 135.28 97.72

BOM:530333 vs ALPP, WAYS: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, Emgee Cablesmmunications'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.


Emgee Cablesmmunications Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emgee Cablesmmunications's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Emgee Cablesmmunications's Cash Conversion Cycle falls into.



Emgee Cablesmmunications 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.

Emgee Cablesmmunications's Cash Conversion Cycle for the fiscal year that ended in Mar. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=125.68+81.8-122.47
=85.01

Emgee Cablesmmunications's Cash Conversion Cycle for the quarter that ended in Dec. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=102.86+100.62-105.76
=97.72

* 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 97.72 mean?
Emgee Cablesmmunications (BOM:530333) has a Cash Conversion Cycle of 97.72 as of Dec. 2017. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Emgee Cablesmmunications and its competitors.
Is Emgee Cablesmmunications' Cash Conversion Cycle too high?
Emgee Cablesmmunications' current Cash Conversion Cycle is 97.72. The Industrial Products industry median Cash Conversion Cycle is 122.15. Emgee Cablesmmunications' value of 97.72 is 20% below this industry median.
How does Emgee Cablesmmunications' Cash Conversion Cycle compare to ALPP and WAYS?
Emgee Cablesmmunications' Cash Conversion Cycle of 97.72 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.15. Emgee Cablesmmunications' value of 97.72 is 20% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.15, based on 3,036 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. Emgee Cablesmmunications's current Cash Conversion Cycle of 97.72 is 20% 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 Emgee Cablesmmunications and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emgee Cablesmmunications's current Cash Conversion Cycle is 97.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emgee Cablesmmunications stock overvalued right now?
Emgee Cablesmmunications (BOM:530333) has a current Cash Conversion Cycle of 97.72. The current Cash Conversion Cycle is 97.72 and 20% below the Industrial Products industry median of 122.15. 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 Emgee Cablesmmunications (BOM:530333), the current Cash Conversion Cycle is 97.72 as of Dec. 2017. 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.

Emgee Cablesmmunications Business Description

Address Alankar Plaza, Central Spine, T-16, 3rd Floor, Vidhyadhar Nagar, Jaipur, RJ, IND, 302023
Emgee Cables & Communications Ltd is engaged in the manufacture and trade of wires and cables. The company produces copper and copper alloy, wires and conductors, Polymerization of vinyl chloride (PVC) insulated wire and cables, electrical and electronic items, does power transmission and distribution projects on turnkey basis and engineering solutions. The company gives services to energy, construction, consumer and industrial sectors, pump manufactures, aerospace, medical, automobile, telecommunication, electronic, railways, and defense sectors. It derives most of its revenues from the sale of the wires and cables business and has operations spread across India.