HB Estate Developers (BOM:532334) Cash Conversion Cycle: 11.08 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532334 HB Estate Developers Ltd BOM:532334
64 GF Score
Price ₹74.36
GF Value ₹75.97
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is HB Estate Developers Cash Conversion Cycle?

HB Estate Developers BOM:532334 64 Cash Conversion Cycle is 11.08 as of Jun. 2026. GuruFocus rates BOM:532334 with a GF Score™ of 64/100 and a GF Value™ of ₹75.97 (Fairly Valued). The stock has 6 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.

HB Estate Developers's Days Sales Outstanding for the three months ended in Jun. 2026 was 21.37.
HB Estate Developers's Days Inventory for the three months ended in Jun. 2026 was 156.14.
HB Estate Developers's Days Payable for the three months ended in Jun. 2026 was 166.43.
Therefore, HB Estate Developers's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 11.08.


HB Estate Developers  (BOM:532334) 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.


HB Estate Developers Cash Conversion Cycle Related Terms


HB Estate Developers Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for HB Estate Developers'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.

HB Estate Developers Cash Conversion Cycle Chart

HB Estate Developers 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 194.98 168.25 60.48 28.36 10.11

HB Estate Developers 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 11.09 -0.75 -1.96 8.45 11.08

BOM:532334 vs MAR, HLT, H: Cash Conversion Cycle Comparison

For the Lodging subindustry, HB Estate Developers'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.


HB Estate Developers Cash Conversion Cycle vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HB Estate Developers's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where HB Estate Developers's Cash Conversion Cycle falls into.


BOM:532334
64GF Score
HB Estate Developers Ltd BOM:532334
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HB Estate Developers 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.

HB Estate Developers'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
=17.19+138.03-145.11
=10.11

HB Estate Developers'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
=21.37+156.14-166.43
=11.08

* 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 11.08 mean?
HB Estate Developers (BOM:532334) has a Cash Conversion Cycle of 11.08 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on HB Estate Developers and its competitors.
Is HB Estate Developers' Cash Conversion Cycle too high?
HB Estate Developers' current Cash Conversion Cycle is 11.08. The Travel & Leisure industry median Cash Conversion Cycle is 9.40. HB Estate Developers' value of 11.08 is 17.9% above this industry median. Overall, HB Estate Developers has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HB Estate Developers' Cash Conversion Cycle compare to MAR and HLT?
HB Estate Developers' Cash Conversion Cycle of 11.08 can be compared against companies in the Travel & Leisure industry. The industry median Cash Conversion Cycle is 9.40. HB Estate Developers' value of 11.08 is 17.9% 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 Travel & Leisure company?
The median Cash Conversion Cycle among Travel & Leisure companies is 9.40, based on 839 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. HB Estate Developers's current Cash Conversion Cycle of 11.08 is 17.9% 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 HB Estate Developers and its competitors. For the Travel & Leisure industry, the median Cash Conversion Cycle is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HB Estate Developers's current Cash Conversion Cycle is 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HB Estate Developers stock overvalued right now?
Based on GuruFocus' analysis, HB Estate Developers (BOM:532334) is currently considered Fairly Valued. The stock's GF Value™ is ₹75.97, compared to a current price of ₹74.36 — trading 2.1% below its estimated fair value. The current Cash Conversion Cycle is 11.08 and 17.9% above the Travel & Leisure industry median of 9.40. HB Estate Developers' overall GF Score™ is 64/100 with 6 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 HB Estate Developers (BOM:532334), the current Cash Conversion Cycle is 11.08 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 HB Estate Developers (BOM:532334) Overvalued in 2026?

Based on GuruFocus' analysis, HB Estate Developers stock appears to be undervalued. The current stock price of ₹74.36 is trading 2.1% below its estimated GF Value™ of ₹75.97. GuruFocus considers HB Estate Developers to be Fairly Valued.

Key valuation signals for BOM:532334:

  • Cash Conversion Cycle: 11.08
  • GF Value™: ₹75.97 vs. price of ₹74.36 (2.1% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 17.9% above the Travel & Leisure median

No single metric tells the full story. See the BOM:532334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HB Estate Developers Business Description

Other Exchanges HBESD:India
Address Plot No. 31, Echelon Institutional Area, Sector-32, Gurugram, HR, IND, 122001
HB Estate Developers Ltd is engaged in the development of commercial residential complexes in India. The Company is engaged in the business of owning and managing hotels and real estate properties. The firm generates a majority of its revenue through hotel operations such as room rent, food and beverage supply, restaurant, banquet income, and other services. The company recognizes revenue from various sources, including hotel operations such as room rent, food and beverages, and other related services. Additionally, revenue is generated from other allied services, which encompass income from laundry, communication, health club facilities, and airport transfers. Rentals from leased premises are also classified as revenue income.
64GF Score

Get the complete analysis for BOM:532334

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

₹74.36
Price
₹75.97
GF Value