Associated Coaters (BOM:544183) Cash Conversion Cycle: 61.76 (As of Mar. 2026)

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BOM:544183 Associated Coaters Ltd BOM:544183
21 GF Score
Price ₹103.50
! 1 Warning Sign
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What is Associated Coaters Cash Conversion Cycle?

Associated Coaters BOM:544183 -13.61% 21 Cash Conversion Cycle is 61.76 as of Mar. 2026. GuruFocus rates BOM:544183 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review.

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

Associated Coaters's Days Sales Outstanding for the six months ended in Mar. 2026 was 123.3.
Associated Coaters's Days Inventory for the six months ended in Mar. 2026 was 38.92.
Associated Coaters's Days Payable for the six months ended in Mar. 2026 was 100.46.
Therefore, Associated Coaters's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 61.76.


Associated Coaters  (BOM:544183) 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.


Associated Coaters Cash Conversion Cycle Related Terms


Associated Coaters Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Associated Coaters'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.

Associated Coaters Cash Conversion Cycle Chart

Associated Coaters Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial 21.77 -2.66 -20.21 13.60 72.19

Associated Coaters Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only -58.34 -35.50 39.21 86.46 61.76

BOM:544183 vs CTAS, CPRT, GPN: Cash Conversion Cycle Comparison

For the Specialty Business Services subindustry, Associated Coaters'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.


Associated Coaters Cash Conversion Cycle vs Business Services Industry

For the Business Services industry and Industrials sector, Associated Coaters's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Associated Coaters's Cash Conversion Cycle falls into.


BOM:544183
21GF Score
Associated Coaters Ltd BOM:544183
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Associated Coaters 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.

Associated Coaters'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
=165.13+30.31-123.25
=72.19

Associated Coaters'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
=123.3+38.92-100.46
=61.76

* 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 61.76 mean?
Associated Coaters (BOM:544183) has a Cash Conversion Cycle of 61.76 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Associated Coaters and its competitors.
Is Associated Coaters' Cash Conversion Cycle too high?
Associated Coaters' current Cash Conversion Cycle is 61.76. The Business Services industry median Cash Conversion Cycle is 38.45. Associated Coaters' value of 61.76 is 60.6% above this industry median. Overall, Associated Coaters has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Associated Coaters' Cash Conversion Cycle compare to CTAS and CPRT?
Associated Coaters' Cash Conversion Cycle of 61.76 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.45. Associated Coaters' value of 61.76 is 60.6% 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 a Business Services company?
The median Cash Conversion Cycle among Business Services companies is 38.45, based on 1,072 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. Associated Coaters's current Cash Conversion Cycle of 61.76 is 60.6% 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 Associated Coaters and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Coaters's current Cash Conversion Cycle is 61.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Coaters stock overvalued right now?
Associated Coaters (BOM:544183) has a current Cash Conversion Cycle of 61.76. The current Cash Conversion Cycle is 61.76 and 60.6% above the Business Services industry median of 38.45. Associated Coaters' overall GF Score™ is 21/100 with 1 warning sign 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 Associated Coaters (BOM:544183), the current Cash Conversion Cycle is 61.76 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.

Associated Coaters Business Description

Address Ashuti Khanberia Maheshtala LP 20/83/46, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola, Kolkata, WB, IND, 700141
Associated Coaters Ltd is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in the Architect and Real Estate Industry. The company's process begins with surface cleaning to eliminate dirt, grease, or other contaminants, followed by the application of a strategic chemical solution to enhance powder coating adhesion. Techniques such as acidic surface etching and specialized pretreatment agents ensure optimal surface wettability.
21GF Score

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