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JITF Infralogistics (BOM:540311) Cash Conversion Cycle : 56.88 (As of Sep. 2024)


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What is JITF Infralogistics Cash Conversion Cycle?

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

JITF Infralogistics's Days Sales Outstanding for the three months ended in Sep. 2024 was 142.12.
JITF Infralogistics's Days Inventory for the three months ended in Sep. 2024 was 7.43.
JITF Infralogistics's Days Payable for the three months ended in Sep. 2024 was 92.67.
Therefore, JITF Infralogistics's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 56.88.


JITF Infralogistics Cash Conversion Cycle Historical Data

The historical data trend for JITF Infralogistics'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.

JITF Infralogistics Cash Conversion Cycle Chart

JITF Infralogistics Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 44.52 35.03 52.80 69.77 47.58

JITF Infralogistics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 53.05 44.30 51.15 56.79 56.88

Competitive Comparison of JITF Infralogistics's Cash Conversion Cycle

For the Engineering & Construction subindustry, JITF Infralogistics'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.


JITF Infralogistics's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, JITF Infralogistics's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where JITF Infralogistics's Cash Conversion Cycle falls into.


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JITF Infralogistics 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.

JITF Infralogistics'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
=72.04+26.29-50.75
=47.58

JITF Infralogistics's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=142.12+7.43-92.67
=56.88

* 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.


JITF Infralogistics  (BOM:540311) 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.


JITF Infralogistics Cash Conversion Cycle Related Terms

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JITF Infralogistics Business Description

Traded in Other Exchanges
Address
28, Shivaji Marg, Jindal ITF Centre, New Delhi, IND, 110015
JITF Infralogistics Ltd is an Indian company engaged in wastewater & solid waste management, logistics and transportation equipment fabrication. JITF is the holding firm for infrastructure businesses which include; Waste to power execution under JITF Urban Infrastructure Limited, Railway Rolling Stock manufacturing business undertaken by Jindal Rail Infrastructure Limited, and Water and Waste Water EPC business undertaken by JWIL Infra Limited. The company's operating segment includes Railway Freight Wagons, Water Infrastructure, Urban Infrastructure, and Trading activity. The company generates the majority of its revenue from the Water Infrastructure segment. Geographically, the company generates a majority of its revenue within India.

JITF Infralogistics Headlines

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