Apar Industries (BOM:532259) Cash Conversion Cycle: 25.44 (As of Jun. 2026)

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BOM:532259 Apar Industries Ltd BOM:532259
84 GF Score
Price ₹13,855.40
GF Value ₹10,837.54
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Apar Industries Cash Conversion Cycle?

Apar Industries BOM:532259 +3.33% 84 Cash Conversion Cycle is 25.44 as of Jun. 2026. GuruFocus rates BOM:532259 with a GF Score™ of 84/100 and a GF Value™ of ₹10,837.54 (Modestly Overvalued). The stock has 1 warning sign investors should review.

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

Apar Industries's Days Sales Outstanding for the three months ended in Jun. 2026 was 74.12.
Apar Industries's Days Inventory for the three months ended in Jun. 2026 was 74.8.
Apar Industries's Days Payable for the three months ended in Jun. 2026 was 123.48.
Therefore, Apar Industries's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 25.44.


Apar Industries  (BOM:532259) 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.


Apar Industries Cash Conversion Cycle Related Terms


Apar Industries Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Apar Industries'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.

Apar Industries Cash Conversion Cycle Chart

Apar Industries 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 0.67 -1.58 15.61 27.78 25.46

Apar Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 22.55 34.10 36.58 26.51 25.44

BOM:532259 vs VRT, BE: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, Apar Industries'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.


Apar Industries Cash Conversion Cycle vs Industrial Products Industry

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

* The bar in red indicates where Apar Industries's Cash Conversion Cycle falls into.


BOM:532259
84GF Score
Apar Industries Ltd BOM:532259
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apar Industries 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.

Apar Industries'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
=75.31+75.29-125.14
=25.46

Apar Industries's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=74.12+74.8-123.48
=25.44

* 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 25.44 mean?
Apar Industries (BOM:532259) has a Cash Conversion Cycle of 25.44 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Apar Industries and its competitors.
Is Apar Industries' Cash Conversion Cycle too high?
Apar Industries' current Cash Conversion Cycle is 25.44. The Industrial Products industry median Cash Conversion Cycle is 122.23. Apar Industries' value of 25.44 is 79.2% below this industry median. Overall, Apar Industries has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apar Industries' Cash Conversion Cycle compare to VRT and BE?
Apar Industries' Cash Conversion Cycle of 25.44 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.23. Apar Industries' value of 25.44 is 79.2% 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 122.23, based on 3,035 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. Apar Industries's current Cash Conversion Cycle of 25.44 is 79.2% 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 Apar Industries and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apar Industries's current Cash Conversion Cycle is 25.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apar Industries stock overvalued right now?
Based on GuruFocus' analysis, Apar Industries (BOM:532259) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10,837.54, compared to a current price of ₹13,855.40 — trading 27.8% above its estimated fair value. The current Cash Conversion Cycle is 25.44 and 79.2% below the Industrial Products industry median of 122.23. Apar Industries' overall GF Score™ is 84/100 with 1 warning sign 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 Apar Industries (BOM:532259), the current Cash Conversion Cycle is 25.44 as of Jun. 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 Apar Industries (BOM:532259) Overvalued in 2026?

Based on GuruFocus' analysis, Apar Industries stock appears to be overvalued. The current stock price of ₹13,855.40 is trading 27.8% above its estimated GF Value™ of ₹10,837.54. GuruFocus considers Apar Industries to be Modestly Overvalued.

Key valuation signals for BOM:532259:

  • Cash Conversion Cycle: 25.44
  • GF Value™: ₹10,837.54 vs. price of ₹13,855.40 (27.8% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 79.2% below the Industrial Products median

No single metric tells the full story. See the BOM:532259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apar Industries Business Description

Other Exchanges APARINDS:India
Address Sion-Trombay Road, Apar House, Building No. 4 and 5, Corporate Park, V. N. Purav Marg, Chembur, Mumbai, MH, IND, 400 071
Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer & Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of its revenue from India. Its product categories include Transformer Oils, White Oils, Petroleum Jelly, Process Oils, Electrical cables, Elastomer and E-beam cables, Light duty cables and wires, Fibre optic cables, Automotive engine oils, Automotive gear oil, Transmission fluid, PICC conductors, Railway overhead conductors, Specialty wires.
84GF Score

Get the complete analysis for BOM:532259

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

₹13,855.40
Price
₹10,837.54
GF Value