Ashoka Metcast (NSE:ASHOKAMET) Cash Conversion Cycle: 880.91 (As of Mar. 2026)


NSE:ASHOKAMET Ashoka Metcast Ltd NSE:ASHOKAMET
79 GF Score
Price ₹15.18
GF Value ₹16.17
Valuation Fairly Valued
! 4 Warning Signs
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What is Ashoka Metcast Cash Conversion Cycle?

Ashoka Metcast NSE:ASHOKAMET +0.20% 79 Cash Conversion Cycle is 880.91 as of Mar. 2026. GuruFocus rates NSE:ASHOKAMET with a GF Score™ of 79/100 and a GF Value™ of ₹16.17 (Fairly Valued). The stock has 4 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.

Ashoka Metcast's Days Sales Outstanding for the three months ended in Mar. 2026 was 243.72.
Ashoka Metcast's Days Inventory for the three months ended in Mar. 2026 was 735.43.
Ashoka Metcast's Days Payable for the three months ended in Mar. 2026 was 98.24.
Therefore, Ashoka Metcast's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 880.91.


Ashoka Metcast  (NSE:ASHOKAMET) 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.


Ashoka Metcast Cash Conversion Cycle Related Terms


Ashoka Metcast Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Ashoka Metcast'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.

Ashoka Metcast Cash Conversion Cycle Chart

Ashoka Metcast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.56 377.23 334.46 621.28 1,252.76

Ashoka Metcast Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 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 734.73 1,542.39 1,354.47 1,331.49 880.91

NSE:ASHOKAMET vs NUE, STLD, RS: Cash Conversion Cycle Comparison

For the Steel subindustry, Ashoka Metcast'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.


Ashoka Metcast Cash Conversion Cycle vs Steel Industry

For the Steel industry and Basic Materials sector, Ashoka Metcast's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ashoka Metcast's Cash Conversion Cycle falls into.


NSE:ASHOKAMET
79GF Score
Ashoka Metcast Ltd NSE:ASHOKAMET
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashoka Metcast 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.

Ashoka Metcast'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
=354.2+1033.23-134.67
=1,252.76

Ashoka Metcast'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
=243.72+735.43-98.24
=880.91

* 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 880.91 mean?
Ashoka Metcast (NSE:ASHOKAMET) has a Cash Conversion Cycle of 880.91 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ashoka Metcast and its competitors.
Is Ashoka Metcast's Cash Conversion Cycle too high?
Ashoka Metcast's current Cash Conversion Cycle is 880.91. The Steel industry median Cash Conversion Cycle is 94.32. Ashoka Metcast's value of 880.91 is 834% above this industry median. Overall, Ashoka Metcast has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Metcast's Cash Conversion Cycle compare to NUE and STLD?
Ashoka Metcast's Cash Conversion Cycle of 880.91 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.32. Ashoka Metcast's value of 880.91 is 834% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 94.32, based on 609 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. Ashoka Metcast's current Cash Conversion Cycle of 880.91 is 834% 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 Ashoka Metcast and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Metcast's current Cash Conversion Cycle is 880.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Metcast stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Metcast (NSE:ASHOKAMET) is currently considered Fairly Valued. The stock's GF Value™ is ₹16.17, compared to a current price of ₹15.18 — trading 6.1% below its estimated fair value. The current Cash Conversion Cycle is 880.91 and 834% above the Steel industry median of 94.32. Ashoka Metcast's overall GF Score™ is 79/100 with 4 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 Ashoka Metcast (NSE:ASHOKAMET), the current Cash Conversion Cycle is 880.91 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 Ashoka Metcast (NSE:ASHOKAMET) Overvalued in 2026?

Based on GuruFocus' analysis, Ashoka Metcast stock appears to be undervalued. The current stock price of ₹15.18 is trading 6.1% below its estimated GF Value™ of ₹16.17. GuruFocus considers Ashoka Metcast to be Fairly Valued.

Key valuation signals for NSE:ASHOKAMET:

  • Cash Conversion Cycle: 880.91
  • GF Value™: ₹16.17 vs. price of ₹15.18 (6.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 834% above the Steel median

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


Ashoka Metcast Business Description

Other Exchanges 540923:India
Address Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.
79GF Score

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

₹15.18
Price
₹16.17
GF Value