Bata Shoe Co (Bangladesh)'s Days Sales Outstanding for the
three
months ended in Mar. 2026 was 1.14.
Bata Shoe Co (Bangladesh)'s Days Inventory for the
three
months ended in Mar. 2026 was 135.44.
Bata Shoe Co (Bangladesh)'s Days Payable for the
three
months ended in Mar. 2026 was 90.09.
Therefore, Bata Shoe Co (Bangladesh)'s Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 46.49.
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) 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.
Bata Shoe Co (Bangladesh) Cash Conversion Cycle Related Terms
Bata Shoe Co (Bangladesh) 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.
Bata Shoe Co (Bangladesh) Cash Conversion Cycle Chart
DHA:BATASHOE vs NKE, DECK, ONON: Cash Conversion Cycle Comparison
For the Footwear & Accessories subindustry, Bata Shoe Co (Bangladesh)'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.
Bata Shoe Co (Bangladesh) Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata Shoe Co (Bangladesh)'s Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Bata Shoe Co (Bangladesh)'s Cash Conversion Cycle falls into.
Bata Shoe Co (Bangladesh) 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.
Bata Shoe Co (Bangladesh)'s Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) has a Cash Conversion Cycle of 46.49 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bata Shoe Co (Bangladesh) and its competitors.
Is Bata Shoe Co (Bangladesh)'s Cash Conversion Cycle too high?
Bata Shoe Co (Bangladesh)'s current Cash Conversion Cycle is 46.49. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.21. Bata Shoe Co (Bangladesh)'s value of 46.49 is 62.6% below this industry median. Overall, Bata Shoe Co (Bangladesh) has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bata Shoe Co (Bangladesh)'s Cash Conversion Cycle compare to NKE and DECK?
Bata Shoe Co (Bangladesh)'s Cash Conversion Cycle of 46.49 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.21. Bata Shoe Co (Bangladesh)'s value of 46.49 is 62.6% 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. Bata Shoe Co (Bangladesh)'s current Cash Conversion Cycle of 46.49 is 62.6% 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 Bata Shoe Co (Bangladesh) 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. Bata Shoe Co (Bangladesh)'s current Cash Conversion Cycle is 46.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata Shoe Co (Bangladesh) stock overvalued right now?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) (DHA:BATASHOE) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT997.39, compared to a current price of BDT871.20 — trading 12.7% below its estimated fair value. The current Cash Conversion Cycle is 46.49 and 62.6% below the Manufacturing - Apparel & Accessories industry median of 124.21. Bata Shoe Co (Bangladesh)'s overall GF Score™ is 87/100 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 Bata Shoe Co (Bangladesh) (DHA:BATASHOE), the current Cash Conversion Cycle is 46.49 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 Bata Shoe Co (Bangladesh) (DHA:BATASHOE) Overvalued in 2026?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) stock appears to be undervalued.
The current stock price of BDT871.20 is trading 12.7% below its estimated GF Value™ of BDT997.39.
GuruFocus considers Bata Shoe Co (Bangladesh) to be Modestly Undervalued.
Key valuation signals for DHA:BATASHOE:
Cash Conversion Cycle: 46.49
GF Value™: BDT997.39 vs. price of BDT871.20 (12.7% below fair value)
Industry Position: 62.6% below the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the DHA:BATASHOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bata Shoe Co (Bangladesh) Ltd is engaged in the manufacturing and marketing of leather, rubber, plastic, canvas footwear, hosiery, and accessories items. It offers a range of designer collections for men, women, and children. The company's manufacturing plants are located in Tongi and Dhamrai. Its operating segments are Domestic and Other, of which a majority of revenue is derived from the Domestic segment. Its products include Sports shoes, Casual and closed shoes, Formal shoes, Wallets, Backpacks, Sunglasses, and others.
87GF Score
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