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Dhampur Bio Organics (BOM:543593) Cash Conversion Cycle : 241.06 (As of Mar. 2024)


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What is Dhampur Bio Organics Cash Conversion Cycle?

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

Dhampur Bio Organics's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.24.
Dhampur Bio Organics's Days Inventory for the three months ended in Mar. 2024 was 255.17.
Dhampur Bio Organics's Days Payable for the three months ended in Mar. 2024 was 32.35.
Therefore, Dhampur Bio Organics's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 241.06.


Dhampur Bio Organics Cash Conversion Cycle Historical Data

The historical data trend for Dhampur Bio Organics'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.

Dhampur Bio Organics Cash Conversion Cycle Chart

Dhampur Bio Organics Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
- 226.27 167.18 222.01

Dhampur Bio Organics Quarterly Data
Mar21 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 114.38 154.32 38.94 89.73 241.06

Competitive Comparison of Dhampur Bio Organics's Cash Conversion Cycle

For the Farm Products subindustry, Dhampur Bio Organics'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.


Dhampur Bio Organics's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dhampur Bio Organics's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Dhampur Bio Organics's Cash Conversion Cycle falls into.



Dhampur Bio Organics 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.

Dhampur Bio Organics'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
=23.93+235.34-37.26
=222.01

Dhampur Bio Organics'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
=18.24+255.17-32.35
=241.06

* 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.


Dhampur Bio Organics  (BOM:543593) 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.


Dhampur Bio Organics Cash Conversion Cycle Related Terms

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Dhampur Bio Organics (BOM:543593) Business Description

Traded in Other Exchanges
Address
Okhla Industrial Estate, Second Floor, Plot No. 201, Phase-III, New Delhi, IND, 110020
Dhampur Bio Organics Ltd is an integrated sugarcane processing company in India. It manufactures refined and raw sugar, bio-fuels, biomass-based renewable power, and other related products. It generates maximum revenue from the sugar segment.

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