India Green Reality (BOM:540152) Cash Conversion Cycle: 39,779.21 (As of Sep. 2021)

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BOM:540152 India Green Reality Ltd BOM:540152
4 GF Score
Price ₹5.24
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What is India Green Reality Cash Conversion Cycle?

India Green Reality BOM:540152 4 Cash Conversion Cycle is 39,779.21 as of Sep. 2021. GuruFocus rates BOM:540152 with a GF Score™ of 4/100.

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

India Green Reality's Days Sales Outstanding for the six months ended in Sep. 2021 was 591.68.
India Green Reality's Days Inventory for the six months ended in Sep. 2021 was 44283.5.
India Green Reality's Days Payable for the six months ended in Sep. 2021 was 5095.97.
Therefore, India Green Reality's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2021 was 39,779.21.


India Green Reality  (BOM:540152) 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.


India Green Reality Cash Conversion Cycle Related Terms


India Green Reality Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for India Green Reality'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.

India Green Reality Cash Conversion Cycle Chart

India Green Reality Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 980.38 13,001.44 126,033.17 8,738.42 2,271.72

India Green Reality Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Sep21
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 16,660.54 6,426.67 1,381.49 6,680.51 39,779.21

India Green Reality Cash Conversion Cycle Competitor Comparison

For the Real Estate - Development subindustry, India Green Reality'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.


India Green Reality Cash Conversion Cycle vs Real Estate Industry

For the Real Estate industry and Real Estate sector, India Green Reality's Cash Conversion Cycle distribution charts can be found below:

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


BOM:540152
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India Green Reality Ltd BOM:540152
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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India Green Reality 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.

India Green Reality's Cash Conversion Cycle for the fiscal year that ended in Mar. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=129.33+2464.43-322.04
=2,271.72

India Green Reality's Cash Conversion Cycle for the quarter that ended in Sep. 2021 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=591.68+44283.5-5095.97
=39,779.21

* 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 39,779.21 mean?
India Green Reality (BOM:540152) has a Cash Conversion Cycle of 39,779.21 as of Sep. 2021. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on India Green Reality and its competitors.
Is India Green Reality's Cash Conversion Cycle too high?
India Green Reality's current Cash Conversion Cycle is 39,779.21. The Real Estate industry median Cash Conversion Cycle is 320.77. India Green Reality's value of 39,779.21 is 12301.2% above this industry median. Overall, India Green Reality has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does India Green Reality's Cash Conversion Cycle compare to competitors?
India Green Reality's Cash Conversion Cycle of 39,779.21 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.77. India Green Reality's value of 39,779.21 is 12301.2% 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 320.77, based on 1,731 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. India Green Reality's current Cash Conversion Cycle of 39,779.21 is 12301.2% 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 India Green Reality and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Green Reality's current Cash Conversion Cycle is 39,779.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Green Reality stock overvalued right now?
India Green Reality (BOM:540152) has a current Cash Conversion Cycle of 39,779.21. The current Cash Conversion Cycle is 39,779.21 and 12301.2% above the Real Estate industry median of 320.77. India Green Reality's overall GF Score™ is 4/100. 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 India Green Reality (BOM:540152), the current Cash Conversion Cycle is 39,779.21 as of Sep. 2021. 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.

India Green Reality Business Description

Address 308, lscon Mall, Above Star Bazar, Satellite, Ahmedabad, GJ, IND, 380015
India Green Reality Ltd operates as a real estate developer. The company engages in the business of development and sale of residential and commercial properties, including identification and acquisition of land, development of land, acquisition of development rights of projects, and marketing of projects, land. Its residential projects include townships, bungalows, resorts, clubhouses, and other residential projects; and commercial projects comprise resorts, retail, and hospitality projects.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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