Banswara Syntex (NSE:BANSWRAS) Cash Conversion Cycle: 191.55 (As of Mar. 2026)


NSE:BANSWRAS Banswara Syntex Ltd NSE:BANSWRAS
73 GF Score
Price ₹129.99
GF Value ₹142.90
Valuation Fairly Valued
! 6 Warning Signs
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What is Banswara Syntex Cash Conversion Cycle?

Banswara Syntex NSE:BANSWRAS -0.48% 73 Cash Conversion Cycle is 191.55 as of Mar. 2026. GuruFocus rates NSE:BANSWRAS with a GF Score™ of 73/100 and a GF Value™ of ₹142.90 (Fairly Valued). The stock has 6 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.

Banswara Syntex's Days Sales Outstanding for the three months ended in Mar. 2026 was 60.78.
Banswara Syntex's Days Inventory for the three months ended in Mar. 2026 was 177.83.
Banswara Syntex's Days Payable for the three months ended in Mar. 2026 was 47.06.
Therefore, Banswara Syntex's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 191.55.


Banswara Syntex  (NSE:BANSWRAS) 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.


Banswara Syntex Cash Conversion Cycle Related Terms


Banswara Syntex Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Banswara Syntex'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.

Banswara Syntex Cash Conversion Cycle Chart

Banswara Syntex 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 100.93 120.10 156.94 154.71 162.33

Banswara Syntex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 195.08 219.14 216.49 225.03 191.55

Banswara Syntex Cash Conversion Cycle Competitor Comparison

For the Textile Manufacturing subindustry, Banswara Syntex'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.


Banswara Syntex Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Banswara Syntex's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Banswara Syntex's Cash Conversion Cycle falls into.


NSE:BANSWRAS
73GF Score
Banswara Syntex Ltd NSE:BANSWRAS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Banswara Syntex 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.

Banswara Syntex'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
=61.21+137.95-36.83
=162.33

Banswara Syntex'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
=60.78+177.83-47.06
=191.55

* 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 191.55 mean?
Banswara Syntex (NSE:BANSWRAS) has a Cash Conversion Cycle of 191.55 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Banswara Syntex and its competitors.
Is Banswara Syntex's Cash Conversion Cycle too high?
Banswara Syntex's current Cash Conversion Cycle is 191.55. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 123.67. Banswara Syntex's value of 191.55 is 54.9% above this industry median. Overall, Banswara Syntex has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banswara Syntex's Cash Conversion Cycle compare to competitors?
Banswara Syntex's Cash Conversion Cycle of 191.55 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 123.67. Banswara Syntex's value of 191.55 is 54.9% 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 123.67, based on 1,034 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. Banswara Syntex's current Cash Conversion Cycle of 191.55 is 54.9% 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 Banswara Syntex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 123.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banswara Syntex's current Cash Conversion Cycle is 191.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banswara Syntex stock overvalued right now?
Based on GuruFocus' analysis, Banswara Syntex (NSE:BANSWRAS) is currently considered Fairly Valued. The stock's GF Value™ is ₹142.90, compared to a current price of ₹129.99 — trading 9% below its estimated fair value. The current Cash Conversion Cycle is 191.55 and 54.9% above the Manufacturing - Apparel & Accessories industry median of 123.67. Banswara Syntex's overall GF Score™ is 73/100 with 6 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 Banswara Syntex (NSE:BANSWRAS), the current Cash Conversion Cycle is 191.55 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 Banswara Syntex (NSE:BANSWRAS) Overvalued in 2026?

Based on GuruFocus' analysis, Banswara Syntex stock appears to be undervalued. The current stock price of ₹129.99 is trading 9% below its estimated GF Value™ of ₹142.90. GuruFocus considers Banswara Syntex to be Fairly Valued.

Key valuation signals for NSE:BANSWRAS:

  • Cash Conversion Cycle: 191.55
  • GF Value™: ₹142.90 vs. price of ₹129.99 (9% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 54.9% above the Manufacturing - Apparel & Accessories median

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


Banswara Syntex Business Description

Other Exchanges 503722:India
Address 199, Princess Street, 4th/5th Floor, Gopal Bhawan, Mumbai, MH, IND, 400002
Banswara Syntex Ltd operates in the textile industry. The company's core business is the manufacturing and marketing of spun synthetic blended yarn, wool and wool mix yarn, spun synthetic and worsted fabrics, and cotton & linen fabrics, besides readymade garments. It also produces shirting and technical fabrics. The brands of the company include Uniqlo, Calvin Klein, Marks and Spencer, Next, and others.
73GF Score

Get the complete analysis for NSE:BANSWRAS

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

₹129.99
Price
₹142.90
GF Value