Navana CNG (DHA:NAVANACNG) Cash Conversion Cycle: 813.82 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:NAVANACNG Navana CNG Ltd DHA:NAVANACNG
73 GF Score
Price BDT20.50
GF Value BDT23.21
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Navana CNG Cash Conversion Cycle?

Navana CNG DHA:NAVANACNG +1.49% 73 Cash Conversion Cycle is 813.82 as of Mar. 2026. GuruFocus rates DHA:NAVANACNG with a GF Score™ of 73/100 and a GF Value™ of BDT23.21 (Modestly Undervalued). The stock has 7 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.

Navana CNG's Days Sales Outstanding for the three months ended in Mar. 2026 was 312.33.
Navana CNG's Days Inventory for the three months ended in Mar. 2026 was 502.67.
Navana CNG's Days Payable for the three months ended in Mar. 2026 was 1.18.
Therefore, Navana CNG's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 813.82.


Navana CNG  (DHA:NAVANACNG) 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.


Navana CNG Cash Conversion Cycle Related Terms


Navana CNG Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Navana CNG'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.

Navana CNG Cash Conversion Cycle Chart

Navana CNG Annual Data
Trend Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.04 366.75 432.35 489.45 508.32

Navana CNG 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 500.84 515.19 533.00 593.64 813.82

DHA:NAVANACNG vs ATO, NI, UGI: Cash Conversion Cycle Comparison

For the Utilities - Regulated Gas subindustry, Navana CNG'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.


Navana CNG Cash Conversion Cycle vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Navana CNG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Navana CNG's Cash Conversion Cycle falls into.


DHA:NAVANACNG
73GF Score
Navana CNG Ltd DHA:NAVANACNG
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navana CNG 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.

Navana CNG's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=195.23+326.65-13.56
=508.32

Navana CNG'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
=312.33+502.67-1.18
=813.82

* 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 813.82 mean?
Navana CNG (DHA:NAVANACNG) has a Cash Conversion Cycle of 813.82 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Navana CNG and its competitors.
Is Navana CNG's Cash Conversion Cycle too high?
Navana CNG's current Cash Conversion Cycle is 813.82. The Utilities - Regulated industry median Cash Conversion Cycle is 14.19. Navana CNG's value of 813.82 is 5635.2% above this industry median. Overall, Navana CNG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Navana CNG's Cash Conversion Cycle compare to ATO and NI?
Navana CNG's Cash Conversion Cycle of 813.82 can be compared against companies in the Utilities - Regulated industry. The industry median Cash Conversion Cycle is 14.19. Navana CNG's value of 813.82 is 5635.2% 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 an Utilities - Regulated company?
The median Cash Conversion Cycle among Utilities - Regulated companies is 14.19, based on 497 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. Navana CNG's current Cash Conversion Cycle of 813.82 is 5635.2% 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 Navana CNG and its competitors. For the Utilities - Regulated industry, the median Cash Conversion Cycle is 14.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navana CNG's current Cash Conversion Cycle is 813.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navana CNG stock overvalued right now?
Based on GuruFocus' analysis, Navana CNG (DHA:NAVANACNG) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT23.21, compared to a current price of BDT20.50 — trading 11.7% below its estimated fair value. The current Cash Conversion Cycle is 813.82 and 5635.2% above the Utilities - Regulated industry median of 14.19. Navana CNG's overall GF Score™ is 73/100 with 7 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 Navana CNG (DHA:NAVANACNG), the current Cash Conversion Cycle is 813.82 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 Navana CNG (DHA:NAVANACNG) Overvalued in 2026?

Based on GuruFocus' analysis, Navana CNG stock appears to be undervalued. The current stock price of BDT20.50 is trading 11.7% below its estimated GF Value™ of BDT23.21. GuruFocus considers Navana CNG to be Modestly Undervalued.

Key valuation signals for DHA:NAVANACNG:

  • Cash Conversion Cycle: 813.82
  • GF Value™: BDT23.21 vs. price of BDT20.50 (11.7% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 5635.2% above the Utilities - Regulated median

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


Navana CNG Business Description

Address 205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208
Navana CNG Ltd is a CNG service provider in Bangladesh, engaged in converting petrol- and diesel-driven vehicles to compressed natural gas (CNG) driven vehicles and operating CNG refueling stations along with other related services. The company's services include refueling stations, vehicle conversion, after-sales service, cylinder re-testing, auto repair service, diesel generator conversion, vehicle fitness checkup stations, and other services. Its operating segments include a conversion workshop for diesel-driven vehicles to CNG-driven vehicles and CNG & LPG stations providing CNG refueling and related services. The company generates maximum revenue from the CNG station segment.
73GF Score

Get the complete analysis for DHA:NAVANACNG

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

BDT20.50
Price
BDT23.21
GF Value