Apex Ecotech's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 30.57.
Apex Ecotech's Days Inventory for the
six
months ended in Mar. 2026 was 7.1.
Apex Ecotech's Days Payable for the
six
months ended in Mar. 2026 was 13.46.
Therefore, Apex Ecotech's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 24.21.
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.
Apex Ecotech Cash Conversion Cycle Related Terms
Apex Ecotech Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Apex Ecotech'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.
NSE:APEXECO vs WM, RSG, WCN: Cash Conversion Cycle Comparison
For the Waste Management subindustry, Apex Ecotech'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.
Apex Ecotech Cash Conversion Cycle vs Waste Management Industry
For the Waste Management industry and Industrials sector, Apex Ecotech's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Apex Ecotech'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.
Apex Ecotech'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.
Apex Ecotech (NSE:APEXECO) has a Cash Conversion Cycle of 24.21 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Apex Ecotech and its competitors.
Is Apex Ecotech's Cash Conversion Cycle too high?
Apex Ecotech's current Cash Conversion Cycle is 24.21. The Waste Management industry median Cash Conversion Cycle is 49.84. Apex Ecotech's value of 24.21 is 51.4% below this industry median. Overall, Apex Ecotech has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Apex Ecotech's Cash Conversion Cycle compare to WM and RSG?
Apex Ecotech's Cash Conversion Cycle of 24.21 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 49.84. Apex Ecotech's value of 24.21 is 51.4% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 49.84, based on 239 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. Apex Ecotech's current Cash Conversion Cycle of 24.21 is 51.4% 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 Apex Ecotech and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 49.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Ecotech's current Cash Conversion Cycle is 24.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Ecotech stock overvalued right now?
Apex Ecotech (NSE:APEXECO) has a current Cash Conversion Cycle of 24.21. The current Cash Conversion Cycle is 24.21 and 51.4% below the Waste Management industry median of 49.84. Apex Ecotech's overall GF Score™ is 19/100. 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 Apex Ecotech (NSE:APEXECO), the current Cash Conversion Cycle is 24.21 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.
Apex Ecotech Ltd provides comprehensive solutions for water & wastewater treatment, recycling, and reuse methods. Its services include setting up Raw Water Treatment for industrial processes, Effluent & Sewage Treatment Plants to meet pollution norms, providing Sludge Dewatering Equipment, recycling of pretreated wastewater through Membrane systems (Ultrafiltration, Nano Filtration, Reverse Osmosis, Disc Type RO and others), and Thermal/Vapor Compression-based Evaporators and Crystallizers for Zero Liquid Discharge Systems.
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