Mankind Pharma (BOM:543904) Cash Conversion Cycle: 122.31 (As of Mar. 2026)

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BOM:543904 Mankind Pharma Ltd BOM:543904
90 GF Score
Price ₹2,557.10
GF Value ₹2,939.56
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Mankind Pharma Cash Conversion Cycle?

Mankind Pharma BOM:543904 +0.51% 90 Cash Conversion Cycle is 122.31 as of Mar. 2026. GuruFocus rates BOM:543904 with a GF Score™ of 90/100 and a GF Value™ of ₹2,939.56 (Modestly Undervalued). 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.

Mankind Pharma's Days Sales Outstanding for the three months ended in Mar. 2026 was 45.84.
Mankind Pharma's Days Inventory for the three months ended in Mar. 2026 was 204.18.
Mankind Pharma's Days Payable for the three months ended in Mar. 2026 was 127.71.
Therefore, Mankind Pharma's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 122.31.


Mankind Pharma  (BOM:543904) 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.


Mankind Pharma Cash Conversion Cycle Related Terms


Mankind Pharma Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Mankind Pharma'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.

Mankind Pharma Cash Conversion Cycle Chart

Mankind Pharma Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial 105.56 92.46 96.31 124.48 119.33

Mankind Pharma Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 145.69 122.49 104.49 111.16 122.31

BOM:543904 vs ZTS, UTHR: Cash Conversion Cycle Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Mankind Pharma'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.


Mankind Pharma Cash Conversion Cycle vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Mankind Pharma's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mankind Pharma's Cash Conversion Cycle falls into.


BOM:543904
90GF Score
Mankind Pharma Ltd BOM:543904
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Mankind Pharma 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.

Mankind Pharma'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
=41.77+186.4-108.84
=119.33

Mankind Pharma'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
=45.84+204.18-127.71
=122.31

* 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 122.31 mean?
Mankind Pharma (BOM:543904) has a Cash Conversion Cycle of 122.31 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Mankind Pharma and its competitors.
Is Mankind Pharma's Cash Conversion Cycle too high?
Mankind Pharma's current Cash Conversion Cycle is 122.31. The Drug Manufacturers industry median Cash Conversion Cycle is 145.87. Mankind Pharma's value of 122.31 is 16.2% below this industry median. Overall, Mankind Pharma has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mankind Pharma's Cash Conversion Cycle compare to ZTS and UTHR?
Mankind Pharma's Cash Conversion Cycle of 122.31 can be compared against companies in the Drug Manufacturers industry. The industry median Cash Conversion Cycle is 145.87. Mankind Pharma's value of 122.31 is 16.2% below 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 a Drug Manufacturers company?
The median Cash Conversion Cycle among Drug Manufacturers companies is 145.87, based on 954 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. Mankind Pharma's current Cash Conversion Cycle of 122.31 is 16.2% below 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 Mankind Pharma and its competitors. For the Drug Manufacturers industry, the median Cash Conversion Cycle is 145.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mankind Pharma's current Cash Conversion Cycle is 122.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mankind Pharma stock overvalued right now?
Based on GuruFocus' analysis, Mankind Pharma (BOM:543904) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,939.56, compared to a current price of ₹2,557.10 — trading 13% below its estimated fair value. The current Cash Conversion Cycle is 122.31 and 16.2% below the Drug Manufacturers industry median of 145.87. Mankind Pharma's overall GF Score™ is 90/100 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 Mankind Pharma (BOM:543904), the current Cash Conversion Cycle is 122.31 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 Mankind Pharma (BOM:543904) Overvalued in 2026?

Based on GuruFocus' analysis, Mankind Pharma stock appears to be undervalued. The current stock price of ₹2,557.10 is trading 13% below its estimated GF Value™ of ₹2,939.56. GuruFocus considers Mankind Pharma to be Modestly Undervalued.

Key valuation signals for BOM:543904:

  • Cash Conversion Cycle: 122.31
  • GF Value™: ₹2,939.56 vs. price of ₹2,557.10 (13% below fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 16.2% below the Drug Manufacturers median

No single metric tells the full story. See the BOM:543904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mankind Pharma Business Description

Other Exchanges MANKIND:India
Address 262, Okhla Industrial Estate, Phase-III, New Delhi, IND, 110020
Mankind Pharma Ltd is engaged in developing, manufacturing, and marketing a diverse range of pharmaceutical formulations across various acute and chronic therapeutic areas, as well as several consumer healthcare products. It operates at the intersection of Indian pharmaceutical formulations and consumer healthcare sectors providing products at affordable prices and has an established track record of building and scaling brands in-house. The company's brands include Manforce, Prega News, Gas-O-Fast, AcneStar and HealthOK. Geographically, the company derives a majority of its revenue from the sale of pharmaceutical products in India and the rest from its customers located outside India.
90GF Score

Get the complete analysis for BOM:543904

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

₹2,557.10
Price
₹2,939.56
GF Value