KPI Green Energy (BOM:542323) Cash Conversion Cycle: 316.09 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:542323 KPI Green Energy Ltd BOM:542323
90 GF Score
Price ₹390.00
GF Value ₹784.28
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is KPI Green Energy Cash Conversion Cycle?

KPI Green Energy BOM:542323 -0.06% 90 Cash Conversion Cycle is 316.09 as of Mar. 2026. GuruFocus rates BOM:542323 with a GF Score™ of 90/100 and a GF Value™ of ₹784.28 (Possible Value Trap). The stock has 7 warning signs investors should review.

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

KPI Green Energy's Days Sales Outstanding for the three months ended in Mar. 2026 was 84.91.
KPI Green Energy's Days Inventory for the three months ended in Mar. 2026 was 338.14.
KPI Green Energy's Days Payable for the three months ended in Mar. 2026 was 106.96.
Therefore, KPI Green Energy's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 316.09.


KPI Green Energy  (BOM:542323) 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.


KPI Green Energy Cash Conversion Cycle Related Terms


KPI Green Energy Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for KPI Green Energy'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.

KPI Green Energy Cash Conversion Cycle Chart

KPI Green Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.37 50.87 60.40 98.39 223.15

KPI Green Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 105.85 100.21 154.80 148.69 316.09

KPI Green Energy Cash Conversion Cycle Competitor Comparison

For the Utilities - Renewable subindustry, KPI Green Energy'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.


KPI Green Energy Cash Conversion Cycle vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, KPI Green Energy's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where KPI Green Energy's Cash Conversion Cycle falls into.


BOM:542323
90GF Score
KPI Green Energy Ltd BOM:542323
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KPI Green Energy 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.

KPI Green Energy's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=89.26+247.34-113.45
=223.15

KPI Green Energy's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=84.91+338.14-106.96
=316.09

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 316.09 mean?
KPI Green Energy (BOM:542323) has a Cash Conversion Cycle of 316.09 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on KPI Green Energy and its competitors.
Is KPI Green Energy's Cash Conversion Cycle too high?
KPI Green Energy's current Cash Conversion Cycle is 316.09. The Utilities - Independent Power Producers industry median Cash Conversion Cycle is 25.34. KPI Green Energy's value of 316.09 is 1147.4% above this industry median. Overall, KPI Green Energy has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KPI Green Energy's Cash Conversion Cycle compare to competitors?
KPI Green Energy's Cash Conversion Cycle of 316.09 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 25.34. KPI Green Energy's value of 316.09 is 1147.4% 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 Utilities - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 25.34, based on 420 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. KPI Green Energy's current Cash Conversion Cycle of 316.09 is 1147.4% 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 KPI Green Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 25.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KPI Green Energy's current Cash Conversion Cycle is 316.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KPI Green Energy stock overvalued right now?
Based on GuruFocus' analysis, KPI Green Energy (BOM:542323) is currently considered Possible Value Trap. The stock's GF Value™ is ₹784.28, compared to a current price of ₹390.00 — trading 50.3% below its estimated fair value. The current Cash Conversion Cycle is 316.09 and 1147.4% above the Utilities - Independent Power Producers industry median of 25.34. KPI Green Energy's overall GF Score™ is 90/100 with 7 warning signs to review. 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 KPI Green Energy (BOM:542323), the current Cash Conversion Cycle is 316.09 as of Mar. 2026. 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.

Is KPI Green Energy (BOM:542323) Overvalued in 2026?

Based on GuruFocus' analysis, KPI Green Energy stock appears to be undervalued. The current stock price of ₹390.00 is trading 50.3% below its estimated GF Value™ of ₹784.28. GuruFocus considers KPI Green Energy to be Possible Value Trap.

Key valuation signals for BOM:542323:

  • Cash Conversion Cycle: 316.09
  • GF Value™: ₹784.28 vs. price of ₹390.00 (50.3% below fair value)
  • GF Score™: 90/100 with 7 warning signs
  • Industry Position: 1147.4% above the Utilities - Independent Power Producers median

No single metric tells the full story. See the BOM:542323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KPI Green Energy Business Description

Other Exchanges KPIGREEN:India
Address Canal Road, Bhatar Road, KP House, Near KP Circle, Opposite Ishwar Farm Junction BRT, Surat, GJ, IND, 395017
KPI Green Energy Ltd Ltd is a solar power generating company. The company develops, builds, owns, operates, and maintains solar power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name Solarism. Its operating segment includes the Sale of Power and Power Plants; and the Sale of Plots. The company generates maximum revenue from the Sale of Power and Solar Power Plants segment. Geographically, it operates only in India.
90GF Score

Get the complete analysis for BOM:542323

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹390.00
Price
₹784.28
GF Value