Bharat Dynamics's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 78.97.
Bharat Dynamics's Days Inventory for the
three
months ended in Mar. 2026 was 2337.61.
Bharat Dynamics's Days Payable for the
three
months ended in Mar. 2026 was 1432.59.
Therefore, Bharat Dynamics's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 983.99.
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.
Bharat Dynamics Cash Conversion Cycle Related Terms
Bharat Dynamics Cash Conversion Cycle Historical Data
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The historical data trend for Bharat Dynamics'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:BDL vs SPCX, GE, RTX: Cash Conversion Cycle Comparison
For the Aerospace & Defense subindustry, Bharat Dynamics'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.
Bharat Dynamics Cash Conversion Cycle vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Bharat Dynamics's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Bharat Dynamics'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.
Bharat Dynamics'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.
Bharat Dynamics (NSE:BDL) has a Cash Conversion Cycle of 983.99 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bharat Dynamics and its competitors.
Is Bharat Dynamics' Cash Conversion Cycle too high?
Bharat Dynamics' current Cash Conversion Cycle is 983.99. The Aerospace & Defense industry median Cash Conversion Cycle is 137.39. Bharat Dynamics' value of 983.99 is 616.2% above this industry median. Overall, Bharat Dynamics has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Dynamics' Cash Conversion Cycle compare to SPCX and GE?
Bharat Dynamics' Cash Conversion Cycle of 983.99 can be compared against companies in the Aerospace & Defense industry. The industry median Cash Conversion Cycle is 137.39. Bharat Dynamics' value of 983.99 is 616.2% 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 an Aerospace & Defense company?
The median Cash Conversion Cycle among Aerospace & Defense companies is 137.39, based on 347 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. Bharat Dynamics's current Cash Conversion Cycle of 983.99 is 616.2% 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 Bharat Dynamics and its competitors. For the Aerospace & Defense industry, the median Cash Conversion Cycle is 137.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Dynamics's current Cash Conversion Cycle is 983.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Bharat Dynamics (NSE:BDL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,238.66, compared to a current price of ₹1,337.40 — trading 8% above its estimated fair value. The current Cash Conversion Cycle is 983.99 and 616.2% above the Aerospace & Defense industry median of 137.39. Bharat Dynamics' overall GF Score™ is 85/100 with 9 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 Bharat Dynamics (NSE:BDL), the current Cash Conversion Cycle is 983.99 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 Bharat Dynamics (NSE:BDL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Dynamics stock appears to be overvalued.
The current stock price of ₹1,337.40 is trading 8% above its estimated GF Value™ of ₹1,238.66.
GuruFocus considers Bharat Dynamics to be Fairly Valued.
Key valuation signals for NSE:BDL:
Cash Conversion Cycle: 983.99
GF Value™: ₹1,238.66 vs. price of ₹1,337.40 (8% above fair value)
Industry Position: 616.2% above the Aerospace & Defense median
No single metric tells the full story. See the NSE:BDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Dynamics Ltd is engaged in the manufacturing of Missiles and allied Defence equipment. The Company provides the majority of its goods and services to the Indian Armed Forces and the Government of India. Its products comprise Milan-2T ATGM, Helina, Astra Weapon System, FLAME, Anti-Submarine Warfare Suite (ASW SUITE), Astra Weapon Systemothers, and Others.
85GF Score
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