ITC's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 20.31.
ITC's Days Inventory for the
three
months ended in Mar. 2026 was 299.07.
ITC's Days Payable for the
three
months ended in Mar. 2026 was 89.37.
Therefore, ITC's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 230.01.
ITC (LUX:ITC) 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.
ITC Cash Conversion Cycle Related Terms
ITC Cash Conversion Cycle Historical Data
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The historical data trend for ITC'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.
LUX:ITC vs PM, MO, TPB: Cash Conversion Cycle Comparison
For the Tobacco subindustry, ITC'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.
ITC Cash Conversion Cycle vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, ITC's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where ITC's Cash Conversion Cycle falls into.
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.
ITC's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
ITC (LUX:ITC) has a Cash Conversion Cycle of 230.01 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ITC and its competitors.
Is ITC's Cash Conversion Cycle too high?
ITC's current Cash Conversion Cycle is 230.01. The Tobacco Products industry median Cash Conversion Cycle is 100.85. ITC's value of 230.01 is 128.1% above this industry median. Overall, ITC has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does ITC's Cash Conversion Cycle compare to PM and MO?
ITC's Cash Conversion Cycle of 230.01 can be compared against companies in the Tobacco Products industry. The industry median Cash Conversion Cycle is 100.85. ITC's value of 230.01 is 128.1% 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 Tobacco Products company?
The median Cash Conversion Cycle among Tobacco Products companies is 100.85, based on 48 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. ITC's current Cash Conversion Cycle of 230.01 is 128.1% 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 ITC and its competitors. For the Tobacco Products industry, the median Cash Conversion Cycle is 100.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITC's current Cash Conversion Cycle is 230.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITC stock overvalued right now?
ITC (LUX:ITC) has a current Cash Conversion Cycle of 230.01. The stock's GF Value™ is $8.79, compared to a current price of $5.50 — trading 37.4% below its estimated fair value. The current Cash Conversion Cycle is 230.01 and 128.1% above the Tobacco Products industry median of 100.85. ITC's overall GF Score™ is 81/100 with 1 warning sign 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 ITC (LUX:ITC), the current Cash Conversion Cycle is 230.01 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 ITC (LUX:ITC) Overvalued in 2026?
Based on GuruFocus' analysis, ITC stock appears to be undervalued.
The current stock price of $5.50 is trading 37.4% below its estimated GF Value™ of $8.79.
Key valuation signals for LUX:ITC:
Cash Conversion Cycle: 230.01
GF Value™: $8.79 vs. price of $5.50 (37.4% below fair value)
Industry Position: 128.1% above the Tobacco Products median
No single metric tells the full story. See the LUX:ITC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITC Ltd is an Indian conglomerate that predominantly operates in the consumer goods space, particularly cigarettes. The company operates in three main business segments: Fast Moving Consumer Goods; Paperboards, Paper, and Packaging; and Agri-Business. The company's total revenue comes from the Fast Moving Consumer Goods Business, which is dominated by cigarettes but also includes branded packaged foods, personal care products, and other categories. The company generates the vast majority of its revenue in India.
81GF 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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