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Gconnect Logitech and Supply Chain (BOM:544156) Cash Conversion Cycle : 114.44 (As of Sep. 2024)


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What is Gconnect Logitech and Supply Chain Cash Conversion Cycle?

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

Gconnect Logitech and Supply Chain's Days Sales Outstanding for the six months ended in Sep. 2024 was 85.86.
Gconnect Logitech and Supply Chain's Days Inventory for the six months ended in Sep. 2024 was 37.03.
Gconnect Logitech and Supply Chain's Days Payable for the six months ended in Sep. 2024 was 8.45.
Therefore, Gconnect Logitech and Supply Chain's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2024 was 114.44.


Gconnect Logitech and Supply Chain Cash Conversion Cycle Historical Data

The historical data trend for Gconnect Logitech and Supply Chain'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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Gconnect Logitech and Supply Chain Cash Conversion Cycle Chart

Gconnect Logitech and Supply Chain Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
107.10 175.39 136.27 153.04

Gconnect Logitech and Supply Chain Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Sep24
Cash Conversion Cycle Get a 7-Day Free Trial - - - 55.53 114.44

Competitive Comparison of Gconnect Logitech and Supply Chain's Cash Conversion Cycle

For the Integrated Freight & Logistics subindustry, Gconnect Logitech and Supply Chain'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.


Gconnect Logitech and Supply Chain's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gconnect Logitech and Supply Chain's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Gconnect Logitech and Supply Chain's Cash Conversion Cycle falls into.


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Gconnect Logitech and Supply Chain 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.

Gconnect Logitech and Supply Chain's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=88.68+64.36-0
=153.04

Gconnect Logitech and Supply Chain'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
=85.86+37.03-8.45
=114.44

* 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.


Gconnect Logitech and Supply Chain  (BOM:544156) 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.


Gconnect Logitech and Supply Chain Cash Conversion Cycle Related Terms

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Gconnect Logitech and Supply Chain Business Description

Traded in Other Exchanges
N/A
Address
Shop No. 6, Sadguru Complex, Nari Chowkadina, Bhavnagar, GJ, IND, 364001
Gconnect Logitech and Supply Chain Ltd is engaged in the business of providing surface logistics services viz. goods transport services. Its services include bulk load, Full Truck Load (FTL) service, and dedicated load. Under bulk load, it offers bulk transportation service to large-sized companies through their transport contractors, Full Truck Load (FTL) service to retailers and traders, and dedicated load service, which includes multiple pick-ups and drops.

Gconnect Logitech and Supply Chain Headlines

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