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Antony Waste Handling Cell (BOM:543254) Cash Conversion Cycle : -2,814.89 (As of Mar. 2024)


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What is Antony Waste Handling Cell Cash Conversion Cycle?

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

Antony Waste Handling Cell's Days Sales Outstanding for the three months ended in Mar. 2024 was 109.38.
Antony Waste Handling Cell's Days Inventory for the three months ended in Mar. 2024 was 0.
Antony Waste Handling Cell's Days Payable for the three months ended in Mar. 2024 was 2924.27.
Therefore, Antony Waste Handling Cell's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -2,814.89.


Antony Waste Handling Cell Cash Conversion Cycle Historical Data

The historical data trend for Antony Waste Handling Cell'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.

Antony Waste Handling Cell Cash Conversion Cycle Chart

Antony Waste Handling Cell Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial -499.50 -1,509.01 -420.91 -110.51 -760.77

Antony Waste Handling Cell Quarterly Data
Mar17 Mar18 Jun18 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only -340.10 -326.18 -561.31 -1,406.55 -2,814.89

Competitive Comparison of Antony Waste Handling Cell's Cash Conversion Cycle

For the Waste Management subindustry, Antony Waste Handling Cell'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.


Antony Waste Handling Cell's Cash Conversion Cycle Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Antony Waste Handling Cell's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Antony Waste Handling Cell's Cash Conversion Cycle falls into.



Antony Waste Handling Cell 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.

Antony Waste Handling Cell'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
=97.93+1.01-859.71
=-760.77

Antony Waste Handling Cell'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
=109.38+0-2924.27
=-2,814.89

* 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.


Antony Waste Handling Cell  (BOM:543254) 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.


Antony Waste Handling Cell Cash Conversion Cycle Related Terms

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Antony Waste Handling Cell (BOM:543254) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, 1402-1404, 14th Floor, Dev Corpora Building, Opposite Cadbury Company, Thane (West), Thane, MH, IND, 400 601
Antony Waste Handling Cell Ltd is a provider of a full spectrum of municipal solid waste services which includes solid waste collection, transportation, processing, and disposal services across the country, catering to Indian municipalities. The company undertakes municipal solid waste collection and transportation projects, municipal solid waste processing projects, and mechanized sweeping projects. It undertakes projects for the Municipal Corporation of Greater Mumbai, the Navi Mumbai Municipal Corporation, the Thane Municipal Corporation, the North Delhi Municipal Corporation, the Ulhasnagar Municipal Corporation, the Mangalore Municipal Corporation, and the Greater Noida Industrial Development Authority.

Antony Waste Handling Cell (BOM:543254) Headlines

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