GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aayush Art & Bullion Ltd (BOM:540718) » Definitions » Cash Conversion Cycle

Aayush Art & Bullion (BOM:540718) Cash Conversion Cycle : 143.15 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Aayush Art & Bullion Cash Conversion Cycle?

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

Aayush Art & Bullion's Days Sales Outstanding for the six months ended in Sep. 2024 was 67.35.
Aayush Art & Bullion's Days Inventory for the six months ended in Sep. 2024 was 127.06.
Aayush Art & Bullion's Days Payable for the six months ended in Sep. 2024 was 51.26.
Therefore, Aayush Art & Bullion's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2024 was 143.15.


Aayush Art & Bullion Cash Conversion Cycle Historical Data

The historical data trend for Aayush Art & Bullion'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.

Aayush Art & Bullion Cash Conversion Cycle Chart

Aayush Art & Bullion 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 907.40 648.85 159.85 15.56 20.97

Aayush Art & Bullion Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 - 7.78 12.50 468.24 143.15

Competitive Comparison of Aayush Art & Bullion's Cash Conversion Cycle

For the Textile Manufacturing subindustry, Aayush Art & Bullion'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.


Aayush Art & Bullion's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aayush Art & Bullion's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Aayush Art & Bullion's Cash Conversion Cycle falls into.


;
;

Aayush Art & Bullion 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.

Aayush Art & Bullion'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
=9.9+13.32-2.25
=20.97

Aayush Art & Bullion'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
=67.35+127.06-51.26
=143.15

* 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.


Aayush Art & Bullion  (BOM:540718) 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.


Aayush Art & Bullion Cash Conversion Cycle Related Terms

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


Aayush Art & Bullion Business Description

Traded in Other Exchanges
N/A
Address
Bhola Nath Nagar, C-110, Ground Floor, Shahdhara, East Delhi, New Delhi, IND, 110032
Aayush Art & Bullion Ltd formerly AKM Creations Ltd is a manufacturer and dealer in all types of embrotex goods, laces, fabrics, clothing, and wearing apparel for personal, commercial, and industrial use. It also supplies customized lace and embroidered work items. The company offers services such as Mirror lace, Needle cut work laces, Zari border, Stitching lace, Jhalar lace, and Crochet lace, among others.

Aayush Art & Bullion Headlines

No Headlines