Avax Apparels And Ornaments (BOM:544337) 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.
Avax Apparels And Ornaments Cash Conversion Cycle Related Terms
Avax Apparels And Ornaments Cash Conversion Cycle Historical Data
* 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.
Avax Apparels And Ornaments Cash Conversion Cycle Chart
BOM:544337 vs RL, LEVI, VFC: Cash Conversion Cycle Comparison
For the Apparel Manufacturing subindustry, Avax Apparels And Ornaments'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.
Avax Apparels And Ornaments Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Avax Apparels And Ornaments's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Avax Apparels And Ornaments's Cash Conversion Cycle falls into.
Avax Apparels And Ornaments 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.
Avax Apparels And Ornaments's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Avax Apparels And Ornaments (BOM:544337) has a Cash Conversion Cycle of 74.21 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Avax Apparels And Ornaments and its competitors.
Is Avax Apparels And Ornaments' Cash Conversion Cycle too high?
Avax Apparels And Ornaments' current Cash Conversion Cycle is 74.21. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.21. Avax Apparels And Ornaments' value of 74.21 is 40.3% below this industry median. Overall, Avax Apparels And Ornaments has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Avax Apparels And Ornaments' Cash Conversion Cycle compare to RL and LEVI?
Avax Apparels And Ornaments' Cash Conversion Cycle of 74.21 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.21. Avax Apparels And Ornaments' value of 74.21 is 40.3% below 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.21, based on 1,037 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. Avax Apparels And Ornaments's current Cash Conversion Cycle of 74.21 is 40.3% below 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 Avax Apparels And Ornaments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avax Apparels And Ornaments's current Cash Conversion Cycle is 74.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avax Apparels And Ornaments stock overvalued right now?
Avax Apparels And Ornaments (BOM:544337) has a current Cash Conversion Cycle of 74.21. The current Cash Conversion Cycle is 74.21 and 40.3% below the Manufacturing - Apparel & Accessories industry median of 124.21. Avax Apparels And Ornaments' overall GF Score™ is 18/100 with 6 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 Avax Apparels And Ornaments (BOM:544337), the current Cash Conversion Cycle is 74.21 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.
Avax Apparels And Ornaments Ltd engages in two distinct lines of business: Wholesale trading and Online retail of silver ornaments. Wholesale trading engages in the trading of knitted cloth. The company buys from manufacturers and supplies wholesale to companies and readymade garment manufacturers in Punjab. The company specializes in knitted cloth, which is used for manufacturing ladies' and gents' jackets. Online retail silver ornaments business which includes a range of designs and articles with a choice of the weight of products. The company has two segments namely; Knitted Clothes and Online Retail Sale - silver ornament. The company generates the majority of its revenue from the Knitted Clothes segment.
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