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Deep Industries (BOM:543288) Cash Conversion Cycle : 308.35 (As of Mar. 2025)


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What is Deep Industries Cash Conversion Cycle?

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

Deep Industries's Days Sales Outstanding for the three months ended in Mar. 2025 was 321.22.
Deep Industries's Days Inventory for the three months ended in Mar. 2025 was 63.48.
Deep Industries's Days Payable for the three months ended in Mar. 2025 was 76.35.
Therefore, Deep Industries's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 308.35.


Deep Industries Cash Conversion Cycle Historical Data

The historical data trend for Deep Industries'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.

Deep Industries Cash Conversion Cycle Chart

Deep Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
Get a 7-Day Free Trial 263.82 157.58 198.83 224.88 271.68

Deep Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 224.37 217.45 261.64 219.44 308.35

Competitive Comparison of Deep Industries's Cash Conversion Cycle

For the Oil & Gas E&P subindustry, Deep Industries'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.


Deep Industries's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Deep Industries's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Deep Industries's Cash Conversion Cycle falls into.


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Deep Industries 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.

Deep Industries's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=274.13+71.51-73.96
=271.68

Deep Industries's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=321.22+63.48-76.35
=308.35

* 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.


Deep Industries  (BOM:543288) 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.


Deep Industries Cash Conversion Cycle Related Terms

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Deep Industries Business Description

Traded in Other Exchanges
Address
Ambli Bopal Road, 12A & 14, Abhishree Corporate Park, Ambli, Ahmedabad, GJ, IND, 380058
Deep Industries Ltd is a diversified oil & gas company. It holds interest in air and gas compression, gas dehydration, workover, drilling, and oil and gas exploration and production. It is the natural gas compression services provider in India and has also diversified into providing work-over and drilling services to exploration and production players through its fleet of rigs. Its Oil and Gas industry is typically split into three segments mainly Upstream, Midstream, and Downstream.

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