Anlon Technology Solutions (NSE:ANLON) Cash Conversion Cycle : 83.94 (As of Mar. 2024)

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What is Anlon Technology Solutions Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Anlon Technology Solutions's Days Sales Outstanding for the six months ended in Mar. 2024 was 91.22.
Anlon Technology Solutions's Days Inventory for the six months ended in Mar. 2024 was 97.89.
Anlon Technology Solutions's Days Payable for the six months ended in Mar. 2024 was 105.17.
Therefore, Anlon Technology Solutions's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 83.94.

Anlon Technology Solutions Cash Conversion Cycle Historical Data

The historical data trend for Anlon Technology Solutions'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.

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Anlon Technology Solutions Cash Conversion Cycle Chart

Anlon Technology Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash Conversion Cycle

81.83

1.44

-91.29

27.57

85.14

Anlon Technology Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash Conversion Cycle	Get a 7-Day Free Trial			-	-20.24	45.52	80.59	83.94

Competitive Comparison of Anlon Technology Solutions's Cash Conversion Cycle

For the Engineering & Construction subindustry, Anlon Technology Solutions'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.

Anlon Technology Solutions's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anlon Technology Solutions's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Anlon Technology Solutions's Cash Conversion Cycle falls into.

Anlon Technology Solutions 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.

Anlon Technology Solutions's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	77.72	+	63.39	-	55.97
	=	85.14

Anlon Technology Solutions's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	91.22	+	97.89	-	105.17
	=	83.94

Anlon Technology Solutions (NSE:ANLON) 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.

Anlon Technology Solutions Cash Conversion Cycle Related Terms

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Anlon Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anlon Technology Solutions Ltd (NSE:ANLON) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

Apparel Park, Phase II, Plot No.22, Doddaballapur Integrated Textile Park SW-5, Industrial Area, Doddaballapur, KA, IND, 561203

Website

https://www.anlon.co

Anlon Technology Solutions Ltd is primarily engaged in the business of providing engineering services. The company has two reportable segments such as Engineering services and Designing, Fabrication, and Installation Services. It generates majority of its revenue from Engineering services segment. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries. It offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and fire fighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components.

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