ACE Software Exports (BOM:890230) Cash Conversion Cycle: 115.85 (As of Mar. 2026)


BOM:890230 ACE Software Exports Ltd BOM:890230
51 GF Score
Price ₹45.32
GF Value ₹94.08
Valuation Possible Value Trap
! 5 Warning Signs
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What is ACE Software Exports Cash Conversion Cycle?

ACE Software Exports BOM:890230 -7.45% 51 Cash Conversion Cycle is 115.85 as of Mar. 2026. GuruFocus rates BOM:890230 with a GF Score™ of 51/100 and a GF Value™ of ₹94.08 (Possible Value Trap). The stock has 5 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.

ACE Software Exports's Days Sales Outstanding for the three months ended in Mar. 2026 was 49.92.
ACE Software Exports's Days Inventory for the three months ended in Mar. 2026 was 93.42.
ACE Software Exports's Days Payable for the three months ended in Mar. 2026 was 27.49.
Therefore, ACE Software Exports's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 115.85.


ACE Software Exports  (BOM:890230) 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.


ACE Software Exports Cash Conversion Cycle Related Terms


ACE Software Exports Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for ACE Software Exports'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.

ACE Software Exports Cash Conversion Cycle Chart

ACE Software Exports Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.93 51.24 29.71 117.06 103.22

ACE Software Exports Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.99 94.16 116.46 119.00 115.85

BOM:890230 vs UBER, SHOP, CRM: Cash Conversion Cycle Comparison

For the Software - Application subindustry, ACE Software Exports'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.


ACE Software Exports Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, ACE Software Exports's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where ACE Software Exports's Cash Conversion Cycle falls into.


BOM:890230
51GF Score
ACE Software Exports Ltd BOM:890230
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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ACE Software Exports 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.

ACE Software Exports'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
=36.48+84.34-17.6
=103.22

ACE Software Exports'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
=49.92+93.42-27.49
=115.85

* 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 115.85 mean?
ACE Software Exports (BOM:890230) has a Cash Conversion Cycle of 115.85 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ACE Software Exports and its competitors.
Is ACE Software Exports' Cash Conversion Cycle too high?
ACE Software Exports' current Cash Conversion Cycle is 115.85. The Software industry median Cash Conversion Cycle is 32.19. ACE Software Exports' value of 115.85 is 259.9% above this industry median. Overall, ACE Software Exports has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ACE Software Exports' Cash Conversion Cycle compare to UBER and SHOP?
ACE Software Exports' Cash Conversion Cycle of 115.85 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.19. ACE Software Exports' value of 115.85 is 259.9% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.19, based on 2,799 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. ACE Software Exports's current Cash Conversion Cycle of 115.85 is 259.9% 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 ACE Software Exports and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACE Software Exports's current Cash Conversion Cycle is 115.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACE Software Exports stock overvalued right now?
Based on GuruFocus' analysis, ACE Software Exports (BOM:890230) is currently considered Possible Value Trap. The stock's GF Value™ is ₹94.08, compared to a current price of ₹45.32 — trading 51.8% below its estimated fair value. The current Cash Conversion Cycle is 115.85 and 259.9% above the Software industry median of 32.19. ACE Software Exports' overall GF Score™ is 51/100 with 5 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 ACE Software Exports (BOM:890230), the current Cash Conversion Cycle is 115.85 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.

Is ACE Software Exports (BOM:890230) Overvalued in 2026?

Based on GuruFocus' analysis, ACE Software Exports stock appears to be undervalued. The current stock price of ₹45.32 is trading 51.8% below its estimated GF Value™ of ₹94.08. GuruFocus considers ACE Software Exports to be Possible Value Trap.

Key valuation signals for BOM:890230:

  • Cash Conversion Cycle: 115.85
  • GF Value™: ₹94.08 vs. price of ₹45.32 (51.8% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 259.9% above the Software median

No single metric tells the full story. See the BOM:890230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACE Software Exports Business Description

Other Exchanges 531525:India
Address 801 - Everest Commercial Complex, Opposite Shashtri Maidan, Rajkot, GJ, IND, 360001
ACE Software Exports Ltd operates in the business of software database creation. It provides document management, digital publishing, and data conversion solutions using process engineering and cost-effective and flexible conversion systems. The firm operates under a single segment namely Computer Software and Services Exports. The company is engaged in the exports of computer software and service. The company's business relates to database creation pertaining to Information technology-enabled services, which include creating large volume full text, and image-based databases. The company derives the majority of its revenue from the sale of software.
51GF Score

Get the complete analysis for BOM:890230

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

₹45.32
Price
₹94.08
GF Value