Steel Exchange India (BOM:534748) Cash Conversion Cycle: 201.59 (As of Mar. 2026)


BOM:534748 Steel Exchange India Ltd BOM:534748
59 GF Score
Price ₹12.14
GF Value ₹8.31
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Steel Exchange India Cash Conversion Cycle?

Steel Exchange India BOM:534748 +1.34% 59 Cash Conversion Cycle is 201.59 as of Mar. 2026. GuruFocus rates BOM:534748 with a GF Score™ of 59/100 and a GF Value™ of ₹8.31 (Significantly Overvalued). The stock has 7 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.

Steel Exchange India's Days Sales Outstanding for the three months ended in Mar. 2026 was 70.32.
Steel Exchange India's Days Inventory for the three months ended in Mar. 2026 was 179.76.
Steel Exchange India's Days Payable for the three months ended in Mar. 2026 was 48.49.
Therefore, Steel Exchange India's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 201.59.


Steel Exchange India  (BOM:534748) 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.


Steel Exchange India Cash Conversion Cycle Related Terms


Steel Exchange India Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Steel Exchange India'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.

Steel Exchange India Cash Conversion Cycle Chart

Steel Exchange India 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 73.81 70.71 108.03 127.30 176.25

Steel Exchange India 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 127.46 123.41 175.69 167.38 201.59

BOM:534748 vs NUE, STLD, RS: Cash Conversion Cycle Comparison

For the Steel subindustry, Steel Exchange India'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.


Steel Exchange India Cash Conversion Cycle vs Steel Industry

For the Steel industry and Basic Materials sector, Steel Exchange India's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Steel Exchange India's Cash Conversion Cycle falls into.


BOM:534748
59GF Score
Steel Exchange India Ltd BOM:534748
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Exchange India 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.

Steel Exchange India'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
=71.26+162.09-57.1
=176.25

Steel Exchange India'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
=70.32+179.76-48.49
=201.59

* 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 201.59 mean?
Steel Exchange India (BOM:534748) has a Cash Conversion Cycle of 201.59 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Steel Exchange India and its competitors.
Is Steel Exchange India's Cash Conversion Cycle too high?
Steel Exchange India's current Cash Conversion Cycle is 201.59. The Steel industry median Cash Conversion Cycle is 94.32. Steel Exchange India's value of 201.59 is 113.7% above this industry median. Overall, Steel Exchange India has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Exchange India's Cash Conversion Cycle compare to NUE and STLD?
Steel Exchange India's Cash Conversion Cycle of 201.59 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.32. Steel Exchange India's value of 201.59 is 113.7% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 94.32, based on 609 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. Steel Exchange India's current Cash Conversion Cycle of 201.59 is 113.7% 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 Steel Exchange India and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Exchange India's current Cash Conversion Cycle is 201.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Exchange India stock overvalued right now?
Based on GuruFocus' analysis, Steel Exchange India (BOM:534748) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.31, compared to a current price of ₹12.14 — trading 46.1% above its estimated fair value. The current Cash Conversion Cycle is 201.59 and 113.7% above the Steel industry median of 94.32. Steel Exchange India's overall GF Score™ is 59/100 with 7 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 Steel Exchange India (BOM:534748), the current Cash Conversion Cycle is 201.59 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 Steel Exchange India (BOM:534748) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Exchange India stock appears to be overvalued. The current stock price of ₹12.14 is trading 46.1% above its estimated GF Value™ of ₹8.31. GuruFocus considers Steel Exchange India to be Significantly Overvalued.

Key valuation signals for BOM:534748:

  • Cash Conversion Cycle: 201.59
  • GF Value™: ₹8.31 vs. price of ₹12.14 (46.1% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 113.7% above the Steel median

No single metric tells the full story. See the BOM:534748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steel Exchange India Business Description

Other Exchanges STEELXIND:India
Address Block A, Green City Towers, Near Apparel Export Park, Green City, Vadlapudi Post, Visakhapatnam, AP, IND, 530049
Steel Exchange India Ltd is engaged in the business of manufacturing and marketing iron and steel products. The company operates in the Iron and Steel and Power segment. The division also deals with the products manufactured by the company, namely TMT bars, Sponge Iron, and Steel billet, and is marketed in some of the coastal regions. The company generates the majority of its revenue from the Iron and steel segment.
59GF Score

Get the complete analysis for BOM:534748

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

₹12.14
Price
₹8.31
GF Value