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Kronox Lab Sciences (BOM:544187) Cash Conversion Cycle : 100.00 (As of Dec. 2024)


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What is Kronox Lab Sciences Cash Conversion Cycle?

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

Kronox Lab Sciences's Days Sales Outstanding for the three months ended in Dec. 2024 was 81.02.
Kronox Lab Sciences's Days Inventory for the three months ended in Dec. 2024 was 65.44.
Kronox Lab Sciences's Days Payable for the three months ended in Dec. 2024 was 46.46.
Therefore, Kronox Lab Sciences's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 100.00.


Kronox Lab Sciences Cash Conversion Cycle Historical Data

The historical data trend for Kronox Lab Sciences'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.

* Premium members only.

Kronox Lab Sciences Cash Conversion Cycle Chart

Kronox Lab Sciences Annual Data
Trend Mar21 Mar22 Mar23
Cash Conversion Cycle
79.00 72.00 75.89

Kronox Lab Sciences Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 83.49 74.56 71.83 98.22 100.00

Competitive Comparison of Kronox Lab Sciences's Cash Conversion Cycle

For the Specialty Chemicals subindustry, Kronox Lab Sciences'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.


Kronox Lab Sciences's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kronox Lab Sciences's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Kronox Lab Sciences's Cash Conversion Cycle falls into.


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Kronox Lab Sciences 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.

Kronox Lab Sciences'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
=84.69+55.48-64.28
=75.89

Kronox Lab Sciences's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=81.02+65.44-46.46
=100.00

* 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.


Kronox Lab Sciences  (BOM:544187) 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.


Kronox Lab Sciences Cash Conversion Cycle Related Terms

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Kronox Lab Sciences Business Description

Traded in Other Exchanges
Address
Block No. 284, Village Dabhasa, Padra, Vadodara, GJ, IND, 391440
Kronox Lab Sciences Ltd manufactures High Purity Speciality Fine Chemicals for diversified end-user industries. The company's Fine inorganic Chemicals are used mainly as reacting agents and raw materials in the manufacturing of Active Pharmaceutical Ingredients; excipients in pharmaceutical formulations; reagents for scientific research and laboratory testing; ingredients in nutraceuticals formulations; process intermediates and fermenting agents in biotech applications; ingredients in agrochemical formulations; ingredients in personal care products; refining agents in metal refineries; and ingredients in animal health products, amongst others. It manufactures specialty fine Chemicals of various grades in particle sizes ranging from 10 mesh to 100 mesh.

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