GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SPA Capital Services Ltd (BOM:542376) » Definitions » Cash Conversion Cycle

SPA Capital Services (BOM:542376) Cash Conversion Cycle : 235.15 (As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is SPA Capital Services Cash Conversion Cycle?

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

SPA Capital Services's Days Sales Outstanding for the three months ended in Dec. 2024 was 1.34.
SPA Capital Services's Days Inventory for the three months ended in Dec. 2024 was 253.08.
SPA Capital Services's Days Payable for the three months ended in Dec. 2024 was 19.27.
Therefore, SPA Capital Services's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 235.15.


SPA Capital Services Cash Conversion Cycle Historical Data

The historical data trend for SPA Capital 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.

* Premium members only.

SPA Capital Services Cash Conversion Cycle Chart

SPA Capital Services 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 -169.99 -64.74 -16.19 -8.95 137.85

SPA Capital Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -54.04 242.68 461.64 158.12 235.15

Competitive Comparison of SPA Capital Services's Cash Conversion Cycle

For the Capital Markets subindustry, SPA Capital 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.


SPA Capital Services's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SPA Capital Services's Cash Conversion Cycle distribution charts can be found below:

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


;
;

SPA Capital 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.

SPA Capital Services'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
=25.58+149.28-37.01
=137.85

SPA Capital Services's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1.34+253.08-19.27
=235.15

* 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.


SPA Capital Services  (BOM:542376) 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.


SPA Capital Services Cash Conversion Cycle Related Terms

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


SPA Capital Services Business Description

Traded in Other Exchanges
N/A
Address
25, C-Block Community Centre, Janakpuri, New Delhi, IND, 110 058
SPA Capital Services Ltd operates in the business segment of Financial Services. It is a financial solutions provider in corporate finance and wealth management to Indian companies and high-net-worth individuals. The company offers services for investment management, wealth management, financial advisory, corporate finance, risk management, insurance broking, and others.

SPA Capital Services Headlines

No Headlines