Lehar Footwears's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 77.69.
Lehar Footwears's Days Inventory for the
three
months ended in Mar. 2026 was 112.03.
Lehar Footwears's Days Payable for the
three
months ended in Mar. 2026 was 86.32.
Therefore, Lehar Footwears's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 103.40.
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.
Lehar Footwears Cash Conversion Cycle Related Terms
Lehar Footwears Cash Conversion Cycle Historical Data
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The historical data trend for Lehar Footwears'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:532829 vs NKE, DECK, ONON: Cash Conversion Cycle Comparison
For the Footwear & Accessories subindustry, Lehar Footwears'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.
Lehar Footwears Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lehar Footwears's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Lehar Footwears'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.
Lehar Footwears'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.
Lehar Footwears (BOM:532829) has a Cash Conversion Cycle of 103.40 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Lehar Footwears and its competitors.
Is Lehar Footwears' Cash Conversion Cycle too high?
Lehar Footwears' current Cash Conversion Cycle is 103.40. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.21. Lehar Footwears' value of 103.40 is 16.8% below this industry median. Overall, Lehar Footwears has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lehar Footwears' Cash Conversion Cycle compare to NKE and DECK?
Lehar Footwears' Cash Conversion Cycle of 103.40 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.21. Lehar Footwears' value of 103.40 is 16.8% 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 a Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.21, based on 1,037 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. Lehar Footwears's current Cash Conversion Cycle of 103.40 is 16.8% 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 Lehar Footwears and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lehar Footwears's current Cash Conversion Cycle is 103.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lehar Footwears stock overvalued right now?
Based on GuruFocus' analysis, Lehar Footwears (BOM:532829) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹280.55, compared to a current price of ₹250.10 — trading 10.9% below its estimated fair value. The current Cash Conversion Cycle is 103.40 and 16.8% below the Manufacturing - Apparel & Accessories industry median of 124.21. Lehar Footwears' overall GF Score™ is 83/100 with 2 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 Lehar Footwears (BOM:532829), the current Cash Conversion Cycle is 103.40 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 Lehar Footwears (BOM:532829) Overvalued in 2026?
Based on GuruFocus' analysis, Lehar Footwears stock appears to be undervalued.
The current stock price of ₹250.10 is trading 10.9% below its estimated GF Value™ of ₹280.55.
GuruFocus considers Lehar Footwears to be Modestly Undervalued.
Key valuation signals for BOM:532829:
Cash Conversion Cycle: 103.40
GF Value™: ₹280.55 vs. price of ₹250.10 (10.9% below fair value)
Industry Position: 16.8% below the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the BOM:532829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lehar Footwears Ltd is an India-based footwear manufacturing company. It manufactures a variety of footwear like lightweight fancy slippers, Polyvinyl Chloride (PVC) and Thermoplastic rubbers (TPR) footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes. It manufactures and sells its products under the name LEHAR in the domestic market. The company operates in one single segment which is the Manufacturing of Footwear.
83GF Score
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