Gandhar Oil Refinery (India) (BOM:544029) Cash Conversion Cycle: 79.91 (As of Mar. 2026)

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BOM:544029 Gandhar Oil Refinery (India) Ltd BOM:544029
39 GF Score
Price ₹207.80
! 7 Warning Signs
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What is Gandhar Oil Refinery (India) Cash Conversion Cycle?

Gandhar Oil Refinery (India) BOM:544029 -1.42% 39 Cash Conversion Cycle is 79.91 as of Mar. 2026. GuruFocus rates BOM:544029 with a GF Score™ of 39/100. The stock has 7 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.

Gandhar Oil Refinery (India)'s Days Sales Outstanding for the three months ended in Mar. 2026 was 60.16.
Gandhar Oil Refinery (India)'s Days Inventory for the three months ended in Mar. 2026 was 61.45.
Gandhar Oil Refinery (India)'s Days Payable for the three months ended in Mar. 2026 was 41.7.
Therefore, Gandhar Oil Refinery (India)'s Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 79.91.


Gandhar Oil Refinery (India)  (BOM:544029) 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.


Gandhar Oil Refinery (India) Cash Conversion Cycle Related Terms


Gandhar Oil Refinery (India) Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Gandhar Oil Refinery (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.

Gandhar Oil Refinery (India) Cash Conversion Cycle Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial 18.61 29.14 50.56 72.34 77.14

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 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 79.53 84.59 81.52 73.62 79.91

BOM:544029 vs VLO, MPC, PSX: Cash Conversion Cycle Comparison

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (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.


Gandhar Oil Refinery (India) Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s Cash Conversion Cycle falls into.


BOM:544029
39GF Score
Gandhar Oil Refinery (India) Ltd BOM:544029
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Gandhar Oil Refinery (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.

Gandhar Oil Refinery (India)'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
=59.87+53.82-36.55
=77.14

Gandhar Oil Refinery (India)'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
=60.16+61.45-41.7
=79.91

* 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 79.91 mean?
Gandhar Oil Refinery (India) (BOM:544029) has a Cash Conversion Cycle of 79.91 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Gandhar Oil Refinery (India) and its competitors.
Is Gandhar Oil Refinery (India)'s Cash Conversion Cycle too high?
Gandhar Oil Refinery (India)'s current Cash Conversion Cycle is 79.91. The Oil & Gas industry median Cash Conversion Cycle is 18.19. Gandhar Oil Refinery (India)'s value of 79.91 is 339.3% above this industry median. Overall, Gandhar Oil Refinery (India) has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Gandhar Oil Refinery (India)'s Cash Conversion Cycle compare to VLO and MPC?
Gandhar Oil Refinery (India)'s Cash Conversion Cycle of 79.91 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.19. Gandhar Oil Refinery (India)'s value of 79.91 is 339.3% 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 Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.19, based on 916 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. Gandhar Oil Refinery (India)'s current Cash Conversion Cycle of 79.91 is 339.3% 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 Gandhar Oil Refinery (India) and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gandhar Oil Refinery (India)'s current Cash Conversion Cycle is 79.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gandhar Oil Refinery (India) stock overvalued right now?
Gandhar Oil Refinery (India) (BOM:544029) has a current Cash Conversion Cycle of 79.91. The current Cash Conversion Cycle is 79.91 and 339.3% above the Oil & Gas industry median of 18.19. Gandhar Oil Refinery (India)'s overall GF Score™ is 39/100 with 7 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 Gandhar Oil Refinery (India) (BOM:544029), the current Cash Conversion Cycle is 79.91 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.

Gandhar Oil Refinery (India) Business Description

Industry EnergyOil & Gas
Other Exchanges GANDHAR:India
Address S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400062
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The company has only one reportable segment: petroleum products - specialty oils. The geographical segments include the Domestic Market and Overseas Markets.
39GF Score

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