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Bodhi Tree Multimedia (NSE:BTML) Cash Conversion Cycle : 18.75 (As of Mar. 2024)


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What is Bodhi Tree Multimedia Cash Conversion Cycle?

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

Bodhi Tree Multimedia's Days Sales Outstanding for the six months ended in Mar. 2024 was 41.59.
Bodhi Tree Multimedia's Days Inventory for the six months ended in Mar. 2024 was 75.87.
Bodhi Tree Multimedia's Days Payable for the six months ended in Mar. 2024 was 98.71.
Therefore, Bodhi Tree Multimedia's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 18.75.


Bodhi Tree Multimedia Cash Conversion Cycle Historical Data

The historical data trend for Bodhi Tree Multimedia'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.

Bodhi Tree Multimedia Cash Conversion Cycle Chart

Bodhi Tree Multimedia Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial 80.56 50.78 26.49 78.61 61.48

Bodhi Tree Multimedia Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.63 192.43 85.44 43.21 18.75

Competitive Comparison of Bodhi Tree Multimedia's Cash Conversion Cycle

For the Entertainment subindustry, Bodhi Tree Multimedia'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.


Bodhi Tree Multimedia's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bodhi Tree Multimedia's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bodhi Tree Multimedia's Cash Conversion Cycle falls into.



Bodhi Tree Multimedia 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.

Bodhi Tree Multimedia'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
=77.56+88.81-104.89
=61.48

Bodhi Tree Multimedia's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=41.59+75.87-98.71
=18.75

* 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.


Bodhi Tree Multimedia  (NSE:BTML) 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.


Bodhi Tree Multimedia Cash Conversion Cycle Related Terms

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Bodhi Tree Multimedia (NSE:BTML) Business Description

Traded in Other Exchanges
Address
507, Reliable Business Centre, Jogeshwari (West), Mumbai, MH, IND, 400102
Bodhi Tree Multimedia Ltd is engaged in content production for television, films and digital platforms. The company operates in verticals TV - Hindi GEC (General Entertainment Channels) that produces contents such as daily soaps, reality shows for linear broadcast networks like Zee, Sony, Star, Disney, Viacom, Sun and others; Digital Content (OTT) that produces content for non-linear platforms such as Netflix, Voot; and Regional content in multiple languages that produces content in regional languages including Tamil, Marathi, Bengali, and Gujarati on both TV and OTT platforms.

Bodhi Tree Multimedia (NSE:BTML) Headlines

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