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Mangalam Seeds (BOM:539275) Cash Conversion Cycle : 338.65 (As of Mar. 2024)


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What is Mangalam Seeds Cash Conversion Cycle?

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

Mangalam Seeds's Days Sales Outstanding for the three months ended in Mar. 2024 was 98.32.
Mangalam Seeds's Days Inventory for the three months ended in Mar. 2024 was 257.27.
Mangalam Seeds's Days Payable for the three months ended in Mar. 2024 was 16.94.
Therefore, Mangalam Seeds's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 338.65.


Mangalam Seeds Cash Conversion Cycle Historical Data

The historical data trend for Mangalam Seeds'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.

* Premium members only.

Mangalam Seeds Cash Conversion Cycle Chart

Mangalam Seeds Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 204.19 216.11 289.26 256.29 189.54

Mangalam Seeds Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 432.29 205.81 519.58 120.44 338.65

Competitive Comparison of Mangalam Seeds's Cash Conversion Cycle

For the Agricultural Inputs subindustry, Mangalam Seeds'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.


Mangalam Seeds's Cash Conversion Cycle Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Mangalam Seeds's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mangalam Seeds's Cash Conversion Cycle falls into.



Mangalam Seeds 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.

Mangalam Seeds's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=54.25+140.84-5.55
=189.54

Mangalam Seeds's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=98.32+257.27-16.94
=338.65

* 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.


Mangalam Seeds  (BOM:539275) 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.


Mangalam Seeds Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Mangalam Seeds's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Mangalam Seeds (BOM:539275) Business Description

Traded in Other Exchanges
N/A
Address
202, Sampada Complex, Mithakhali Six Roads, Behind Tulsi Complex, Navarangpura, Ahmedabad, GJ, IND, 380009
Mangalam Seeds Ltd is engaged in the production, sale, and marketing of agricultural seeds and chemicals. It operates in one segment that is Sale of seeds. The company offers products under categories, such as cotton, moong, cumin, castor, mustard, cumin, fennel, jawar fodder, and vegetable. The company has its marketing channel in Gujarat and Rajasthan, comprising of a number of distributors, dealers, and retailers to support marketing.

Mangalam Seeds (BOM:539275) Headlines

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