ACME Solar Holdings (NSE:ACMESOLAR) Cash Conversion Cycle: 55.46 (As of Mar. 2026)

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NSE:ACMESOLAR ACME Solar Holdings Ltd NSE:ACMESOLAR
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What is ACME Solar Holdings Cash Conversion Cycle?

ACME Solar Holdings NSE:ACMESOLAR -2.22% 12 Cash Conversion Cycle is 55.46 as of Mar. 2026. GuruFocus rates NSE:ACMESOLAR with a GF Score™ of 12/100. The stock has 10 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.

ACME Solar Holdings's Days Sales Outstanding for the three months ended in Mar. 2026 was 55.46.
ACME Solar Holdings's Days Inventory for the three months ended in Mar. 2026 was 0.
ACME Solar Holdings's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, ACME Solar Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 55.46.


ACME Solar Holdings  (NSE:ACMESOLAR) 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.


ACME Solar Holdings Cash Conversion Cycle Related Terms


ACME Solar Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for ACME Solar Holdings'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.

ACME Solar Holdings Cash Conversion Cycle Chart

ACME Solar Holdings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
-409.09 -847.55 -245.30 -934.35 64.39

ACME Solar Holdings Quarterly Data
Mar22 Mar23 Jun23 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 71.37 68.01 57.46 54.10 55.46

ACME Solar Holdings Cash Conversion Cycle Competitor Comparison

For the Utilities - Renewable subindustry, ACME Solar Holdings'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.


ACME Solar Holdings Cash Conversion Cycle vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ACME Solar Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where ACME Solar Holdings's Cash Conversion Cycle falls into.


NSE:ACMESOLAR
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ACME Solar Holdings Ltd NSE:ACMESOLAR
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ACME Solar Holdings 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.

ACME Solar Holdings'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
=64.39+0-0
=64.39

ACME Solar Holdings'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
=55.46+0-0
=55.46

* 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 55.46 mean?
ACME Solar Holdings (NSE:ACMESOLAR) has a Cash Conversion Cycle of 55.46 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ACME Solar Holdings and its competitors.
Is ACME Solar Holdings' Cash Conversion Cycle too high?
ACME Solar Holdings' current Cash Conversion Cycle is 55.46. The Utilities - Independent Power Producers industry median Cash Conversion Cycle is 25.49. ACME Solar Holdings' value of 55.46 is 117.6% above this industry median. Overall, ACME Solar Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ACME Solar Holdings' Cash Conversion Cycle compare to competitors?
ACME Solar Holdings' Cash Conversion Cycle of 55.46 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 25.49. ACME Solar Holdings' value of 55.46 is 117.6% 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 - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 25.49, based on 418 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. ACME Solar Holdings's current Cash Conversion Cycle of 55.46 is 117.6% 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 ACME Solar Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 25.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACME Solar Holdings's current Cash Conversion Cycle is 55.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACME Solar Holdings stock overvalued right now?
ACME Solar Holdings (NSE:ACMESOLAR) has a current Cash Conversion Cycle of 55.46. The current Cash Conversion Cycle is 55.46 and 117.6% above the Utilities - Independent Power Producers industry median of 25.49. ACME Solar Holdings' overall GF Score™ is 12/100 with 10 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 ACME Solar Holdings (NSE:ACMESOLAR), the current Cash Conversion Cycle is 55.46 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.

ACME Solar Holdings Business Description

Other Exchanges 544283:India
Address Plot No. 152, Sector 44, Gurugram, HR, IND, 122 002
ACME Solar Holdings Ltd., a renewable energy company in India, has a portfolio of solar, wind, hybrid, and firm and dispatchable renewable energy (FDRE) projects. It is a renewable energy independent power producer (IPP) in India. The company develops, builds, owns, operates, and maintains utility-scale renewable energy projects (through an in-house engineering, procurement, and construction (EPC) division and operation and maintenance. Its segment includes the business of engineering, procurement, and construction of solar plants and related activities.
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