Ishan Dyes and Chemicals (BOM:531109) Cash Conversion Cycle: 129.52 (As of Mar. 2026)

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BOM:531109 Ishan Dyes and Chemicals Ltd BOM:531109
62 GF Score
Price ₹52.21
GF Value ₹49.04
Valuation Fairly Valued
! 5 Warning Signs
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What is Ishan Dyes and Chemicals Cash Conversion Cycle?

Ishan Dyes and Chemicals BOM:531109 -3.33% 62 Cash Conversion Cycle is 129.52 as of Mar. 2026. GuruFocus rates BOM:531109 with a GF Score™ of 62/100 and a GF Value™ of ₹49.04 (Fairly Valued). The stock has 5 warning signs investors should review.

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

Ishan Dyes and Chemicals's Days Sales Outstanding for the three months ended in Mar. 2026 was 11.06.
Ishan Dyes and Chemicals's Days Inventory for the three months ended in Mar. 2026 was 142.03.
Ishan Dyes and Chemicals's Days Payable for the three months ended in Mar. 2026 was 23.57.
Therefore, Ishan Dyes and Chemicals's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 129.52.


Ishan Dyes and Chemicals  (BOM:531109) 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.


Ishan Dyes and Chemicals Cash Conversion Cycle Related Terms


Ishan Dyes and Chemicals Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Ishan Dyes and Chemicals'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.

Ishan Dyes and Chemicals Cash Conversion Cycle Chart

Ishan Dyes and Chemicals 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 190.33 262.90 183.23 132.65 179.20

Ishan Dyes and Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 183.86 188.39 396.71 136.68 129.52

BOM:531109 vs DOW: Cash Conversion Cycle Comparison

For the Chemicals subindustry, Ishan Dyes and Chemicals'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.


Ishan Dyes and Chemicals Cash Conversion Cycle vs Chemicals Industry

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

* The bar in red indicates where Ishan Dyes and Chemicals's Cash Conversion Cycle falls into.


BOM:531109
62GF Score
Ishan Dyes and Chemicals Ltd BOM:531109
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Ishan Dyes and Chemicals 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.

Ishan Dyes and Chemicals'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
=39.31+221.8-81.91
=179.20

Ishan Dyes and Chemicals's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=11.06+142.03-23.57
=129.52

* 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 129.52 mean?
Ishan Dyes and Chemicals (BOM:531109) has a Cash Conversion Cycle of 129.52 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ishan Dyes and Chemicals and its competitors.
Is Ishan Dyes and Chemicals' Cash Conversion Cycle too high?
Ishan Dyes and Chemicals' current Cash Conversion Cycle is 129.52. The Chemicals industry median Cash Conversion Cycle is 88.88. Ishan Dyes and Chemicals' value of 129.52 is 45.7% above this industry median. Overall, Ishan Dyes and Chemicals has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ishan Dyes and Chemicals' Cash Conversion Cycle compare to DOW?
Ishan Dyes and Chemicals' Cash Conversion Cycle of 129.52 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 88.88. Ishan Dyes and Chemicals' value of 129.52 is 45.7% 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 88.88, based on 1,579 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. Ishan Dyes and Chemicals's current Cash Conversion Cycle of 129.52 is 45.7% 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 Ishan Dyes and Chemicals and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 88.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ishan Dyes and Chemicals's current Cash Conversion Cycle is 129.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishan Dyes and Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Ishan Dyes and Chemicals (BOM:531109) is currently considered Fairly Valued. The stock's GF Value™ is ₹49.04, compared to a current price of ₹52.21 — trading 6.5% above its estimated fair value. The current Cash Conversion Cycle is 129.52 and 45.7% above the Chemicals industry median of 88.88. Ishan Dyes and Chemicals' overall GF Score™ is 62/100 with 5 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 Ishan Dyes and Chemicals (BOM:531109), the current Cash Conversion Cycle is 129.52 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 Ishan Dyes and Chemicals (BOM:531109) Overvalued in 2026?

Based on GuruFocus' analysis, Ishan Dyes and Chemicals stock appears to be overvalued. The current stock price of ₹52.21 is trading 6.5% above its estimated GF Value™ of ₹49.04. GuruFocus considers Ishan Dyes and Chemicals to be Fairly Valued.

Key valuation signals for BOM:531109:

  • Cash Conversion Cycle: 129.52
  • GF Value™: ₹49.04 vs. price of ₹52.21 (6.5% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 45.7% above the Chemicals median

No single metric tells the full story. See the BOM:531109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishan Dyes and Chemicals Business Description

Other Exchanges ISHANCH:India
Address 18, G.I.D.C Estate, Phase - 1, Vatva, Ahmedabad, GJ, IND, 382 445
Ishan Dyes and Chemicals Ltd is an India-based company that manufactures chemicals. The company's principal product includes Phthalocyanine blue products. It offers various categories of products such as CPC Blue, Pigment Alpha Blues, and Pigment Beta Blue. In addition, the company manufactures a range of solvent dyes that are soluble in organic solvents. It provides phthalocyanine blue pigments for plastics, water-based, and offset inks and paint.
62GF Score

Get the complete analysis for BOM:531109

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

₹52.21
Price
₹49.04
GF Value