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Syrma SGS Technology (BOM:543573) Cash Conversion Cycle : 44.61 (As of Mar. 2025)


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What is Syrma SGS Technology Cash Conversion Cycle?

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

Syrma SGS Technology's Days Sales Outstanding for the three months ended in Mar. 2025 was 145.77.
Syrma SGS Technology's Days Inventory for the three months ended in Mar. 2025 was 110.47.
Syrma SGS Technology's Days Payable for the three months ended in Mar. 2025 was 211.63.
Therefore, Syrma SGS Technology's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 44.61.


Syrma SGS Technology Cash Conversion Cycle Historical Data

The historical data trend for Syrma SGS Technology'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.

Syrma SGS Technology Cash Conversion Cycle Chart

Syrma SGS Technology Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
Get a 7-Day Free Trial 68.10 96.46 78.81 68.28 55.55

Syrma SGS Technology Quarterly Data
Mar20 Mar21 Sep21 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 53.55 52.91 50.04 46.02 44.61

Competitive Comparison of Syrma SGS Technology's Cash Conversion Cycle

For the Electronic Components subindustry, Syrma SGS Technology'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.


Syrma SGS Technology's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Syrma SGS Technology's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Syrma SGS Technology's Cash Conversion Cycle falls into.


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Syrma SGS Technology 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.

Syrma SGS Technology'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
=116.03+113.69-174.17
=55.55

Syrma SGS Technology'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
=145.77+110.47-211.63
=44.61

* 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.


Syrma SGS Technology  (BOM:543573) 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.


Syrma SGS Technology Cash Conversion Cycle Related Terms

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Syrma SGS Technology Business Description

Traded in Other Exchanges
Address
MEPZ-SEZ, Plot B27, Phase II, Zone B, Tambaram, Chennai, TN, IND, 600045
Syrma SGS Technology Ltd provides Electronic Manufacturing Services. The company is engaged in the business of manufacturing various electronic sub-assemblies, assemblies and box builds, disk drives, memory modules, power supplies adapters, fiber optic assemblies, magnetic induction coils and RFID products, and other electronic products. It serves national and international B2B customers in the industrial, consumer electronics, healthcare, automotive, computer, medical, and railways business segments. The company derives key revenue from the Electronic Manufacturing Services, and the rest from the Medical Equipment Manufacturing Services, and Others segment. Geographically, the majority of its revenue is generated within India.

Syrma SGS Technology Headlines

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