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Explicit Finance's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 0.14.
Explicit Finance's Days Inventory for the
three
months ended in Mar. 2026 was 21.11.
Explicit Finance's Days Payable for the
three
months ended in Mar. 2026 was 1.45.
Therefore, Explicit Finance's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 19.80.
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.
Explicit Finance Cash Conversion Cycle Related Terms
Explicit Finance Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Explicit Finance'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.
BOM:530571 vs MS, GS, SCHW: Cash Conversion Cycle Comparison
For the Capital Markets subindustry, Explicit Finance'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.
Explicit Finance Cash Conversion Cycle vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Explicit Finance's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Explicit Finance's Cash Conversion Cycle falls into.
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.
Explicit Finance's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Explicit Finance (BOM:530571) has a Cash Conversion Cycle of 19.80 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Explicit Finance and its competitors.
Is Explicit Finance's Cash Conversion Cycle too high?
Explicit Finance's current Cash Conversion Cycle is 19.80. The Capital Markets industry median Cash Conversion Cycle is 1.83. Explicit Finance's value of 19.80 is 984.9% above this industry median. Overall, Explicit Finance has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Explicit Finance's Cash Conversion Cycle compare to MS and GS?
Explicit Finance's Cash Conversion Cycle of 19.80 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.83. Explicit Finance's value of 19.80 is 984.9% 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 1.83, based on 638 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. Explicit Finance's current Cash Conversion Cycle of 19.80 is 984.9% 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 Explicit Finance and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Explicit Finance's current Cash Conversion Cycle is 19.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Explicit Finance stock overvalued right now?
Based on GuruFocus' analysis, Explicit Finance (BOM:530571) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.49, compared to a current price of ₹8.00 — trading 221.3% above its estimated fair value. The current Cash Conversion Cycle is 19.80 and 984.9% above the Capital Markets industry median of 1.83. Explicit Finance's overall GF Score™ is 44/100 with 3 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 Explicit Finance (BOM:530571), the current Cash Conversion Cycle is 19.80 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 Explicit Finance (BOM:530571) Overvalued in 2026?
Based on GuruFocus' analysis, Explicit Finance stock appears to be overvalued.
The current stock price of ₹8.00 is trading 221.3% above its estimated GF Value™ of ₹2.49.
GuruFocus considers Explicit Finance to be Significantly Overvalued.
Key valuation signals for BOM:530571:
Cash Conversion Cycle: 19.80
GF Value™: ₹2.49 vs. price of ₹8.00 (221.3% above fair value)
Industry Position: 984.9% above the Capital Markets median
No single metric tells the full story. See the BOM:530571 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Explicit Finance Ltd is an Indian non-banking financial company engaged in secondary capital market activities (mainly trading and financing), and also provides a wide range of services, including individual and corporate finance, loans against shares and securities, loans against property, and financial consultancy services. The company generates the majority of its revenue from the sale of shares.
44GF Score
Get the complete analysis for BOM:530571
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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