Maiden Forgings (BOM:543874) Cash Conversion Cycle: 163.36 (As of Mar. 2026)

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BOM:543874 Maiden Forgings Ltd BOM:543874
73 GF Score
Price ₹104.71
GF Value ₹90.96
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Maiden Forgings Cash Conversion Cycle?

Maiden Forgings BOM:543874 -0.09% 73 Cash Conversion Cycle is 163.36 as of Mar. 2026. GuruFocus rates BOM:543874 with a GF Score™ of 73/100 and a GF Value™ of ₹90.96 (Modestly Overvalued). The stock has 6 warning signs investors should review.

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

Maiden Forgings's Days Sales Outstanding for the six months ended in Mar. 2026 was 52.57.
Maiden Forgings's Days Inventory for the six months ended in Mar. 2026 was 139.99.
Maiden Forgings's Days Payable for the six months ended in Mar. 2026 was 29.2.
Therefore, Maiden Forgings's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 163.36.


Maiden Forgings  (BOM:543874) 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.


Maiden Forgings Cash Conversion Cycle Related Terms


Maiden Forgings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Maiden Forgings'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.

Maiden Forgings Cash Conversion Cycle Chart

Maiden Forgings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial 108.97 111.22 121.31 166.91 169.70

Maiden Forgings Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 129.95 160.32 182.66 165.10 163.36

BOM:543874 vs CRS, ATI, MLI: Cash Conversion Cycle Comparison

For the Metal Fabrication subindustry, Maiden Forgings'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.


Maiden Forgings Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Maiden Forgings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Maiden Forgings's Cash Conversion Cycle falls into.


BOM:543874
73GF Score
Maiden Forgings Ltd BOM:543874
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maiden Forgings 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.

Maiden Forgings's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=54.46+143.33-28.09
=169.70

Maiden Forgings's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=52.57+139.99-29.2
=163.36

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 163.36 mean?
Maiden Forgings (BOM:543874) has a Cash Conversion Cycle of 163.36 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Maiden Forgings and its competitors.
Is Maiden Forgings' Cash Conversion Cycle too high?
Maiden Forgings' current Cash Conversion Cycle is 163.36. The Industrial Products industry median Cash Conversion Cycle is 122.48. Maiden Forgings' value of 163.36 is 33.4% above this industry median. Overall, Maiden Forgings has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maiden Forgings' Cash Conversion Cycle compare to CRS and ATI?
Maiden Forgings' Cash Conversion Cycle of 163.36 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.48. Maiden Forgings' value of 163.36 is 33.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.48, based on 3,035 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maiden Forgings's current Cash Conversion Cycle of 163.36 is 33.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Maiden Forgings and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maiden Forgings's current Cash Conversion Cycle is 163.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maiden Forgings stock overvalued right now?
Based on GuruFocus' analysis, Maiden Forgings (BOM:543874) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹90.96, compared to a current price of ₹104.71 — trading 15.1% above its estimated fair value. The current Cash Conversion Cycle is 163.36 and 33.4% above the Industrial Products industry median of 122.48. Maiden Forgings' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Maiden Forgings (BOM:543874), the current Cash Conversion Cycle is 163.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maiden Forgings (BOM:543874) Overvalued in 2026?

Based on GuruFocus' analysis, Maiden Forgings stock appears to be overvalued. The current stock price of ₹104.71 is trading 15.1% above its estimated GF Value™ of ₹90.96. GuruFocus considers Maiden Forgings to be Modestly Overvalued.

Key valuation signals for BOM:543874:

  • Cash Conversion Cycle: 163.36
  • GF Value™: ₹90.96 vs. price of ₹104.71 (15.1% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 33.4% above the Industrial Products median

No single metric tells the full story. See the BOM:543874 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maiden Forgings Business Description

Address Kavi Nagar Industrial Area, E 201, Ghaziabad, UP, IND, 201002
Maiden Forgings Ltd is engaged in manufacturing and selling ferrous metal products, including steel bright bars, wires, profiles, ground bars, and nails (collated and loose).
73GF Score

Get the complete analysis for BOM:543874

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹104.71
Price
₹90.96
GF Value