Highness Microelectronics (BOM:544741) Cash Conversion Cycle: 383.59 (As of Mar. 2025)

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BOM:544741 Highness Microelectronics Ltd BOM:544741
18 GF Score
Price ₹182.50
! 8 Warning Signs
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What is Highness Microelectronics Cash Conversion Cycle?

Highness Microelectronics BOM:544741 +1.39% 18 Cash Conversion Cycle is 383.59 as of Mar. 2025. GuruFocus rates BOM:544741 with a GF Score™ of 18/100. The stock has 8 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.

Highness Microelectronics's Days Sales Outstanding for the six months ended in Mar. 2025 was 56.4.
Highness Microelectronics's Days Inventory for the six months ended in Mar. 2025 was 396.74.
Highness Microelectronics's Days Payable for the six months ended in Mar. 2025 was 69.55.
Therefore, Highness Microelectronics's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2025 was 383.59.


Highness Microelectronics  (BOM:544741) 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.


Highness Microelectronics Cash Conversion Cycle Related Terms


Highness Microelectronics Cash Conversion Cycle Historical Data

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The historical data trend for Highness Microelectronics'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.

Highness Microelectronics Cash Conversion Cycle Chart

Highness Microelectronics Annual Data
Trend Mar23 Mar24 Mar25
Cash Conversion Cycle
91.98 639.19 383.59

Highness Microelectronics Semi-Annual Data
Mar23 Mar24 Mar25
Cash Conversion Cycle 91.98 639.19 383.59

BOM:544741 vs APH, GLW, TEL: Cash Conversion Cycle Comparison

For the Electronic Components subindustry, Highness Microelectronics'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.


Highness Microelectronics Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, Highness Microelectronics's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Highness Microelectronics's Cash Conversion Cycle falls into.


BOM:544741
18GF Score
Highness Microelectronics Ltd BOM:544741
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Highness Microelectronics 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.

Highness Microelectronics's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=56.4+396.74-69.55
=383.59

Highness Microelectronics's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=56.4+396.74-69.55
=383.59

* 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 383.59 mean?
Highness Microelectronics (BOM:544741) has a Cash Conversion Cycle of 383.59 as of Mar. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Highness Microelectronics and its competitors.
Is Highness Microelectronics' Cash Conversion Cycle too high?
Highness Microelectronics' current Cash Conversion Cycle is 383.59. The Hardware industry median Cash Conversion Cycle is 98.60. Highness Microelectronics' value of 383.59 is 289% above this industry median. Overall, Highness Microelectronics has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Highness Microelectronics' Cash Conversion Cycle compare to APH and GLW?
Highness Microelectronics' Cash Conversion Cycle of 383.59 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.60. Highness Microelectronics' value of 383.59 is 289% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.60, based on 2,475 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. Highness Microelectronics's current Cash Conversion Cycle of 383.59 is 289% 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 Highness Microelectronics and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highness Microelectronics's current Cash Conversion Cycle is 383.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highness Microelectronics stock overvalued right now?
Highness Microelectronics (BOM:544741) has a current Cash Conversion Cycle of 383.59. The current Cash Conversion Cycle is 383.59 and 289% above the Hardware industry median of 98.60. Highness Microelectronics' overall GF Score™ is 18/100 with 8 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 Highness Microelectronics (BOM:544741), the current Cash Conversion Cycle is 383.59 as of Mar. 2025. 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.

Highness Microelectronics Business Description

Address Kherani Road, Office 1C3, 1st Floor, Gundecha Onclave, Saki Vihar, Andheri (East, Mumbai, MH, IND, 400072
Highness Microelectronics Ltd is engaged in the Design, Development, Integration, Assembly and Manufacture of Digital-Imaging Solutions. The company operates in two main categories, namely 'Off the Shelf Products' and 'Market Specific Solutions/Project'. Its offerings include display modules and components such as TFT and LCD modules, display controllers, touch screens, backlight drivers, and related assemblies, as well as display systems, including Open-Frame Displays, Panel-Mount Displays, Industrial Grade Displays and Medical Grade Display Monitors for industrial and medical applications. The majority of the company's revenue is derived from designing, developing, integrating, assembling and manufacturing of Digital-Imaging Solutions.
18GF 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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