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Siddharth Education Services (BOM:540736) Cash Conversion Cycle : -3,435.25 (As of Mar. 2020)


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What is Siddharth 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.

Siddharth Education Services's Days Sales Outstanding for the six months ended in Mar. 2020 was 964.18.
Siddharth Education Services's Days Inventory for the six months ended in Mar. 2020 was 0.
Siddharth Education Services's Days Payable for the six months ended in Mar. 2020 was 4399.43.
Therefore, Siddharth Education Services's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2020 was -3,435.25.


Siddharth Education Services Cash Conversion Cycle Historical Data

The historical data trend for Siddharth 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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Siddharth Education Services Cash Conversion Cycle Chart

Siddharth Education Services Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20
Cash Conversion Cycle
97.59 -51.33 -146.97 -5,882.65 -3,435.25

Siddharth Education Services Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20
Cash Conversion Cycle 97.59 -51.33 -146.97 -5,882.65 -3,435.25

Competitive Comparison of Siddharth Education Services's Cash Conversion Cycle

For the Education & Training Services subindustry, Siddharth 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.


Siddharth Education Services's Cash Conversion Cycle Distribution in the Education Industry

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

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



Siddharth 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.

Siddharth Education Services'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
=964.18+0-4399.43
=-3,435.25

Siddharth Education Services's Cash Conversion Cycle for the quarter that ended in Mar. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=964.18+0-4399.43
=-3,435.25

* 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.


Siddharth Education Services  (BOM:540736) 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.


Siddharth Education Services Cash Conversion Cycle Related Terms

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Siddharth Education Services (BOM:540736) Business Description

Traded in Other Exchanges
N/A
Address
101, First Floor, Chirag Arcade, E. R. ROAD, Behind Nagrik Stores, Near Ashok Cinema, Thane, MH, IND, 400 601
Siddharth Education Services Ltd is engaged in providing tutorial coaching services for students of professional courses. The company offers tutorial services to C.S., C.A., and C.M.A under the brand name of Siddharth Academy. It is also engaged in the farming business. The company generates its revenue from Education Fees, Farming Activities, and Online Education Service.

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