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Gabriel Pet Straps (BOM:544108) Cash Conversion Cycle : 212.55 (As of Sep. 2024)


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What is Gabriel Pet Straps Cash Conversion Cycle?

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

Gabriel Pet Straps's Days Sales Outstanding for the six months ended in Sep. 2024 was 61.76.
Gabriel Pet Straps's Days Inventory for the six months ended in Sep. 2024 was 150.79.
Gabriel Pet Straps's Days Payable for the six months ended in Sep. 2024 was 0.
Therefore, Gabriel Pet Straps's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2024 was 212.55.


Gabriel Pet Straps Cash Conversion Cycle Historical Data

The historical data trend for Gabriel Pet Straps'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.

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Gabriel Pet Straps Cash Conversion Cycle Chart

Gabriel Pet Straps Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
-447.95 50.04 58.88 164.68

Gabriel Pet Straps Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Cash Conversion Cycle Get a 7-Day Free Trial - - 90.70 743.85 212.55

Competitive Comparison of Gabriel Pet Straps's Cash Conversion Cycle

For the Tools & Accessories subindustry, Gabriel Pet Straps'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.


Gabriel Pet Straps's Cash Conversion Cycle Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gabriel Pet Straps's Cash Conversion Cycle falls into.


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Gabriel Pet Straps 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.

Gabriel Pet Straps'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
=50.99+183.26-69.57
=164.68

Gabriel Pet Straps'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
=61.76+150.79-0
=212.55

* 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.


Gabriel Pet Straps  (BOM:544108) 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.


Gabriel Pet Straps Cash Conversion Cycle Related Terms

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Gabriel Pet Straps Business Description

Traded in Other Exchanges
N/A
Address
Paddhari Bypass, Jamnagar Highway, Plot No. 23, Radhe Industrial Area, Behind Reliance Petrol Pump, Paddhari, Rajkot, GJ, IND, 360110
Gabriel Pet Straps Ltd is engaged in the manufacturing and selling of Pet Straps under the brand name of 'Gabriel' which is widely used in the packaging of heavy materials. It produces Pet Straps from 9mm to 32mm in width and thickness ranging from 0.5mm to 1.27mm. It also offers customised bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth, etc.

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