GRE Renew Enertech (BOM:544682) Cash Conversion Cycle: 24.13 (As of Mar. 2026)

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BOM:544682 GRE Renew Enertech Ltd BOM:544682
21 GF Score
Price ₹170.20
! 4 Warning Signs
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What is GRE Renew Enertech Cash Conversion Cycle?

GRE Renew Enertech BOM:544682 -4.19% 21 Cash Conversion Cycle is 24.13 as of Mar. 2026. GuruFocus rates BOM:544682 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review.

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

GRE Renew Enertech's Days Sales Outstanding for the six months ended in Mar. 2026 was 21.27.
GRE Renew Enertech's Days Inventory for the six months ended in Mar. 2026 was 23.52.
GRE Renew Enertech's Days Payable for the six months ended in Mar. 2026 was 20.66.
Therefore, GRE Renew Enertech's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 24.13.


GRE Renew Enertech  (BOM:544682) 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.


GRE Renew Enertech Cash Conversion Cycle Related Terms


GRE Renew Enertech Cash Conversion Cycle Historical Data

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The historical data trend for GRE Renew Enertech'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.

GRE Renew Enertech Cash Conversion Cycle Chart

GRE Renew Enertech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
38.28 33.09 43.03 31.30

GRE Renew Enertech Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Cash Conversion Cycle 0.00 0.00 41.12 35.96 24.13

BOM:544682 vs FSLR, NXT, ENPH: Cash Conversion Cycle Comparison

For the Solar subindustry, GRE Renew Enertech'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.


GRE Renew Enertech Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GRE Renew Enertech's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where GRE Renew Enertech's Cash Conversion Cycle falls into.


BOM:544682
21GF Score
GRE Renew Enertech Ltd BOM:544682
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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GRE Renew Enertech 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.

GRE Renew Enertech'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
=27.88+34.52-31.1
=31.30

GRE Renew Enertech'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
=21.27+23.52-20.66
=24.13

* 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 24.13 mean?
GRE Renew Enertech (BOM:544682) has a Cash Conversion Cycle of 24.13 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on GRE Renew Enertech and its competitors.
Is GRE Renew Enertech's Cash Conversion Cycle too high?
GRE Renew Enertech's current Cash Conversion Cycle is 24.13. The Semiconductors industry median Cash Conversion Cycle is 116.56. GRE Renew Enertech's value of 24.13 is 79.3% below this industry median. Overall, GRE Renew Enertech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does GRE Renew Enertech's Cash Conversion Cycle compare to FSLR and NXT?
GRE Renew Enertech's Cash Conversion Cycle of 24.13 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.56. GRE Renew Enertech's value of 24.13 is 79.3% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.56, based on 1,022 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. GRE Renew Enertech's current Cash Conversion Cycle of 24.13 is 79.3% 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 GRE Renew Enertech and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRE Renew Enertech's current Cash Conversion Cycle is 24.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRE Renew Enertech stock overvalued right now?
GRE Renew Enertech (BOM:544682) has a current Cash Conversion Cycle of 24.13. The current Cash Conversion Cycle is 24.13 and 79.3% below the Semiconductors industry median of 116.56. GRE Renew Enertech's overall GF Score™ is 21/100 with 4 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 GRE Renew Enertech (BOM:544682), the current Cash Conversion Cycle is 24.13 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.

GRE Renew Enertech Business Description

Address Science City Road, B-1104/1105, Empire Business Hub, Near Shukan Mall, Sola, Ahmedabad, GJ, IND, 380060
GRE Renew Enertech Ltd is engaged in the manufacturing of LED products, solar power generation systems, and power products. The Company provides on-site solar energy solutions, including rooftop and ground-mounted installations. It operates in two reportable segments: Capital Expenditure (CAPEX), which includes engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), under which the Company finances, owns, and operates solar projects and supplies electricity to users at an agreed tariff over a defined period. The Company generates the majority of its revenue from solar services.
21GF Score

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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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