Solve Plastic Products (NSE:BALCO) Cash Conversion Cycle: 88.67 (As of Sep. 2025)

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NSE:BALCO Solve Plastic Products Ltd NSE:BALCO
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What is Solve Plastic Products Cash Conversion Cycle?

Solve Plastic Products NSE:BALCO 7 Cash Conversion Cycle is 88.67 as of Sep. 2025. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 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.

Solve Plastic Products's Days Sales Outstanding for the six months ended in Sep. 2025 was 38.6.
Solve Plastic Products's Days Inventory for the six months ended in Sep. 2025 was 97.1.
Solve Plastic Products's Days Payable for the six months ended in Sep. 2025 was 47.03.
Therefore, Solve Plastic Products's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2025 was 88.67.


Solve Plastic Products  (NSE:BALCO) 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.


Solve Plastic Products Cash Conversion Cycle Related Terms


Solve Plastic Products Cash Conversion Cycle Historical Data

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The historical data trend for Solve Plastic Products'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.

Solve Plastic Products Cash Conversion Cycle Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
99.54 63.74 58.09 99.20 100.72

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Cash Conversion Cycle Get a 7-Day Free Trial 94.22 104.43 108.43 95.27 88.67

NSE:BALCO vs VRT, BE: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, Solve Plastic Products'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.


Solve Plastic Products Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solve Plastic Products's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Solve Plastic Products's Cash Conversion Cycle falls into.


NSE:BALCO
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Solve Plastic Products Ltd NSE:BALCO
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Solve Plastic Products 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.

Solve Plastic Products's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=41.72+83.9-24.9
=100.72

Solve Plastic Products's Cash Conversion Cycle for the quarter that ended in Sep. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=38.6+97.1-47.03
=88.67

* 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 88.67 mean?
Solve Plastic Products (NSE:BALCO) has a Cash Conversion Cycle of 88.67 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Solve Plastic Products and its competitors.
Is Solve Plastic Products' Cash Conversion Cycle too high?
Solve Plastic Products' current Cash Conversion Cycle is 88.67. The Industrial Products industry median Cash Conversion Cycle is 122.24. Solve Plastic Products' value of 88.67 is 27.5% below this industry median. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' Cash Conversion Cycle compare to VRT and BE?
Solve Plastic Products' Cash Conversion Cycle of 88.67 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.24. Solve Plastic Products' value of 88.67 is 27.5% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.24, based on 3,036 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. Solve Plastic Products's current Cash Conversion Cycle of 88.67 is 27.5% 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 Solve Plastic Products and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solve Plastic Products's current Cash Conversion Cycle is 88.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current Cash Conversion Cycle of 88.67. The current Cash Conversion Cycle is 88.67 and 27.5% below the Industrial Products industry median of 122.24. Solve Plastic Products' overall GF Score™ is 7/100 with 2 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 Solve Plastic Products (NSE:BALCO), the current Cash Conversion Cycle is 88.67 as of Sep. 2025. 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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