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Electronics Mart India (BOM:543626) Cash Conversion Cycle : 78.80 (As of Sep. 2024)


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What is Electronics Mart India Cash Conversion Cycle?

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

Electronics Mart India's Days Sales Outstanding for the three months ended in Sep. 2024 was 8.16.
Electronics Mart India's Days Inventory for the three months ended in Sep. 2024 was 74.89.
Electronics Mart India's Days Payable for the three months ended in Sep. 2024 was 4.25.
Therefore, Electronics Mart India's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 78.80.


Electronics Mart India Cash Conversion Cycle Historical Data

The historical data trend for Electronics Mart India'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.

Electronics Mart India Cash Conversion Cycle Chart

Electronics Mart India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
63.74 68.15 60.18 60.72 66.79

Electronics Mart India Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 67.65 48.86 81.05 58.66 78.80

Competitive Comparison of Electronics Mart India's Cash Conversion Cycle

For the Specialty Retail subindustry, Electronics Mart India'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.


Electronics Mart India's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Electronics Mart India's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Electronics Mart India's Cash Conversion Cycle falls into.



Electronics Mart India 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.

Electronics Mart India'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
=9.87+59.22-2.3
=66.79

Electronics Mart India's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=8.16+74.89-4.25
=78.80

* 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.


Electronics Mart India  (BOM:543626) 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.


Electronics Mart India Cash Conversion Cycle Related Terms

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Electronics Mart India Business Description

Traded in Other Exchanges
Address
Main Road, 6-3-666/A1 To 7, 3rd & 4th Floors, Opposite NIMS Hospital, Punjagutta, Hyderabad, TG, IND, 500082
Electronics Mart India Ltd is a consumer durables and electronics retailer in India. It is engaged in the business of the sale of consumer electronics and durable products through a chain of retail and online stores. The company offers various products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands. Geographically, the company operates only in India.

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