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Eastern Gases's Days Sales Outstanding for the
three
months ended in Mar. 2018 was 2055.19.
Eastern Gases's Days Inventory for the
three
months ended in Mar. 2018 was 49.62.
Eastern Gases's Days Payable for the
three
months ended in Mar. 2018 was 218.84.
Therefore, Eastern Gases's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2018 was 1,885.97.
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.
Eastern Gases Cash Conversion Cycle Related Terms
Eastern Gases Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Eastern Gases'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.
BOM:540790 vs ICNN, QEGY, BDCO: Cash Conversion Cycle Comparison
For the Oil & Gas Refining & Marketing subindustry, Eastern Gases'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.
Eastern Gases Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Eastern Gases's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Eastern Gases's Cash Conversion Cycle falls into.
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.
Eastern Gases's Cash Conversion Cycle for the fiscal year that ended in Mar. 2018 is calculated as
* 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.
What does a Cash Conversion Cycle of 1,885.97 mean?
Eastern Gases (BOM:540790) has a Cash Conversion Cycle of 1,885.97 as of Mar. 2018. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Eastern Gases and its competitors.
Is Eastern Gases' Cash Conversion Cycle too high?
Eastern Gases' current Cash Conversion Cycle is 1,885.97. The Oil & Gas industry median Cash Conversion Cycle is 17.39. Eastern Gases' value of 1,885.97 is 10748.3% above this industry median.
How does Eastern Gases' Cash Conversion Cycle compare to ICNN and QEGY?
Eastern Gases' Cash Conversion Cycle of 1,885.97 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 17.39. Eastern Gases' value of 1,885.97 is 10748.3% 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 17.39, based on 924 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. Eastern Gases's current Cash Conversion Cycle of 1,885.97 is 10748.3% 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 Eastern Gases and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 17.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Gases's current Cash Conversion Cycle is 1,885.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Gases stock overvalued right now?
Eastern Gases (BOM:540790) has a current Cash Conversion Cycle of 1,885.97. The current Cash Conversion Cycle is 1,885.97 and 10748.3% above the Oil & Gas industry median of 17.39. 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 Eastern Gases (BOM:540790), the current Cash Conversion Cycle is 1,885.97 as of Mar. 2018. 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.
Eastern Gases Ltd is engaged in bottling, trading and retailing of LPG and general goods bulk supplies. The company deals in LPG, Propane, Butane, and Ammonia for industrial and commercial usage. It caters to the requirement of industrial user and packed users of LPG as well as Auto LPG segment. The company caters the commercial cylinder market of West Bengal, Bihar, and Orissa from its own bottling plant situated at Durgapur. Its Auto LPG Retail Outlet is present in Paschim Medinipur, West Bengal.
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