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Golden Crest Education & Services (BOM:540062) Cash Conversion Cycle : 355.63 (As of Dec. 2024)


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What is Golden Crest Education & Services Cash Conversion Cycle?

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

Golden Crest Education & Services's Days Sales Outstanding for the three months ended in Dec. 2024 was 355.63.
Golden Crest Education & Services's Days Inventory for the three months ended in Dec. 2024 was 0.
Golden Crest Education & Services's Days Payable for the three months ended in Dec. 2024 was 0.
Therefore, Golden Crest Education & Services's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 355.63.


Golden Crest Education & Services Cash Conversion Cycle Historical Data

The historical data trend for Golden Crest Education & Services'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.

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Golden Crest Education & Services Cash Conversion Cycle Chart

Golden Crest Education & Services 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 203.74 116.14 97.39 43.20 117.27

Golden Crest Education & Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 607.73 122.01 125.60 238.15 355.63

Competitive Comparison of Golden Crest Education & Services's Cash Conversion Cycle

For the Education & Training Services subindustry, Golden Crest Education & Services'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.


Golden Crest Education & Services's Cash Conversion Cycle Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Golden Crest Education & Services's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Golden Crest Education & Services's Cash Conversion Cycle falls into.


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Golden Crest Education & Services 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.

Golden Crest Education & Services'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
=117.27+0-0
=117.27

Golden Crest Education & Services's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=355.63+0-0
=355.63

* 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.


Golden Crest Education & Services  (BOM:540062) 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.


Golden Crest Education & Services Cash Conversion Cycle Related Terms

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Golden Crest Education & Services Business Description

Traded in Other Exchanges
N/A
Address
62A, Dr. Meghnad Shah Sarani, 2nd Floor, Room No. 2, Southern Avenue, Kolkata, WB, IND, 700 029
Golden Crest Education & Services Ltd is engaged in providing Consultancy Services, including Operations Advisory, Strategy Advisory, HR Advisory, and Educational Advisory to educational institutes for the establishment, development, and promotion of E-learning, E-Business, Online education, Technical, and Non-Technical Centre and other allied services of education. The company operates mainly in the Indian market. It earns majority of its revenue from Consultancy Services.

Golden Crest Education & Services Headlines

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