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Bajel Projects (NSE:BAJEL) Cash Conversion Cycle : 25.30 (As of Dec. 2024)


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What is Bajel Projects Cash Conversion Cycle?

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

Bajel Projects's Days Sales Outstanding for the three months ended in Dec. 2024 was 103.28.
Bajel Projects's Days Inventory for the three months ended in Dec. 2024 was 24.13.
Bajel Projects's Days Payable for the three months ended in Dec. 2024 was 102.11.
Therefore, Bajel Projects's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 25.30.


Bajel Projects Cash Conversion Cycle Historical Data

The historical data trend for Bajel Projects'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.

* Premium members only.

Bajel Projects Cash Conversion Cycle Chart

Bajel Projects Annual Data
Trend Mar23 Mar24
Cash Conversion Cycle
121.10 57.27

Bajel Projects Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only - 33.75 29.10 25.10 25.30

Competitive Comparison of Bajel Projects's Cash Conversion Cycle

For the Utilities - Regulated Electric subindustry, Bajel Projects'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.


Bajel Projects's Cash Conversion Cycle Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Bajel Projects's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bajel Projects's Cash Conversion Cycle falls into.


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Bajel Projects 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.

Bajel Projects'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
=156.32+35.96-135.01
=57.27

Bajel Projects's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=103.28+24.13-102.11
=25.30

* 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.


Bajel Projects  (NSE:BAJEL) 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.


Bajel Projects Cash Conversion Cycle Related Terms

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Bajel Projects Business Description

Traded in Other Exchanges
Address
Anik Wadala Link Road, 801 Rustomjee Aspiree, Sion East, Mumbai, MH, IND, 400 022
Bajel Projects Ltd is a Superior company in the business of power infrastructure, with a presence in the Power Transmission and Power Distribution sectors. It is known for its project management skills and driving operations excellence, making it a preferred partner for several states, international governments, and private infrastructural projects.

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