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Shree Krishna Infrastructure (BOM:542146) Cash Conversion Cycle : 45.83 (As of Mar. 2024)


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What is Shree Krishna Infrastructure Cash Conversion Cycle?

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

Shree Krishna Infrastructure's Days Sales Outstanding for the six months ended in Mar. 2024 was 45.83.
Shree Krishna Infrastructure's Days Inventory for the six months ended in Mar. 2024 was 0.
Shree Krishna Infrastructure's Days Payable for the six months ended in Mar. 2024 was 0.
Therefore, Shree Krishna Infrastructure's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 45.83.


Shree Krishna Infrastructure Cash Conversion Cycle Historical Data

The historical data trend for Shree Krishna Infrastructure'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.

Shree Krishna Infrastructure Cash Conversion Cycle Chart

Shree Krishna Infrastructure 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 103.36 130.24 264.54 87.83 50.13

Shree Krishna Infrastructure Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 247.96 156.48 68.51 55.32 45.83

Competitive Comparison of Shree Krishna Infrastructure's Cash Conversion Cycle

For the Real Estate Services subindustry, Shree Krishna Infrastructure'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.


Shree Krishna Infrastructure's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shree Krishna Infrastructure's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Shree Krishna Infrastructure's Cash Conversion Cycle falls into.



Shree Krishna Infrastructure 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.

Shree Krishna Infrastructure'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
=50.13+0-0
=50.13

Shree Krishna Infrastructure's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=45.83+0-0
=45.83

* 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.


Shree Krishna Infrastructure  (BOM:542146) 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.


Shree Krishna Infrastructure Cash Conversion Cycle Related Terms

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Shree Krishna Infrastructure (BOM:542146) Business Description

Traded in Other Exchanges
N/A
Address
36, Shri Rang Residency, 101, 1st Floor, Vadia, Narmada, Rajpipla, GJ, IND, 393145
Shree Krishna Infrastructure Ltd is an Indian company engaged in buying, taking on the lease, large size of plots to provide roads, drains, water supply, electricity and lights and within such lands, and plots to build residential houses and business premises and colonies. Its other activities involve to carry on the business of financier and the hire purchase and hire sales and of commission agents arthias; to acquire, purchase, hire or lease agricultural lands and to cultivate any crop or crops for the benefit of the company. The company's projects cover Terra project, Contract farming and Swabhiman E-vehicles and among others.

Shree Krishna Infrastructure (BOM:542146) Headlines

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