Bhartiya International's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 79.63.
Bhartiya International's Days Inventory for the
three
months ended in Mar. 2026 was 340.23.
Bhartiya International's Days Payable for the
three
months ended in Mar. 2026 was 132.61.
Therefore, Bhartiya International's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 287.25.
Bhartiya International (NSE:BIL) 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.
Bhartiya International Cash Conversion Cycle Related Terms
Bhartiya International Cash Conversion Cycle Historical Data
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The historical data trend for Bhartiya International'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.
Bhartiya International Cash Conversion Cycle Chart
NSE:BIL vs NKE, DECK, ONON: Cash Conversion Cycle Comparison
For the Footwear & Accessories subindustry, Bhartiya International'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.
Bhartiya International Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bhartiya International's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Bhartiya International's Cash Conversion Cycle falls into.
Bhartiya International 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.
Bhartiya International'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.
Bhartiya International (NSE:BIL) has a Cash Conversion Cycle of 287.25 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bhartiya International and its competitors.
Is Bhartiya International's Cash Conversion Cycle too high?
Bhartiya International's current Cash Conversion Cycle is 287.25. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.21. Bhartiya International's value of 287.25 is 131.3% above this industry median. Overall, Bhartiya International has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bhartiya International's Cash Conversion Cycle compare to NKE and DECK?
Bhartiya International's Cash Conversion Cycle of 287.25 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.21. Bhartiya International's value of 287.25 is 131.3% 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 124.21, based on 1,037 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. Bhartiya International's current Cash Conversion Cycle of 287.25 is 131.3% 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 Bhartiya International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhartiya International's current Cash Conversion Cycle is 287.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhartiya International stock overvalued right now?
Based on GuruFocus' analysis, Bhartiya International (NSE:BIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹794.05, compared to a current price of ₹751.85 — trading 5.3% below its estimated fair value. The current Cash Conversion Cycle is 287.25 and 131.3% above the Manufacturing - Apparel & Accessories industry median of 124.21. Bhartiya International's overall GF Score™ is 80/100 with 3 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 Bhartiya International (NSE:BIL), the current Cash Conversion Cycle is 287.25 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 Bhartiya International (NSE:BIL) Overvalued in 2026?
Based on GuruFocus' analysis, Bhartiya International stock appears to be undervalued.
The current stock price of ₹751.85 is trading 5.3% below its estimated GF Value™ of ₹794.05.
GuruFocus considers Bhartiya International to be Fairly Valued.
Key valuation signals for NSE:BIL:
Cash Conversion Cycle: 287.25
GF Value™: ₹794.05 vs. price of ₹751.85 (5.3% below fair value)
Industry Position: 131.3% above the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the NSE:BIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bhartiya International Ltd is an Indian company engaged in the manufacturing, trading, and export of leather and textile products. It is in the Fashion Apparels and accessories segment. The company specializes in leather outerwear, bags, accessories, belts, wallets, and other leather goods, alongside textile apparel and leather finishing services. It operates multiple production facilities mainly in the Bangalore-Chennai region and has manufacturing capabilities in China for leather garments. The company's revenue comes from the sale and export of leather and textile products.
80GF Score
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