Canarys Automations's Days Sales Outstanding for the
six
months ended in Sep. 2025 was 111.73.
Canarys Automations's Days Inventory for the
six
months ended in Sep. 2025 was 18.52.
Canarys Automations's Days Payable for the
six
months ended in Sep. 2025 was 41.64.
Therefore, Canarys Automations's Cash Conversion Cycle (CCC) for the
six
months ended in Sep. 2025 was 88.61.
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.
Canarys Automations Cash Conversion Cycle Related Terms
Canarys Automations Cash Conversion Cycle Historical Data
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The historical data trend for Canarys Automations'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:CANARYS vs IBM, ACN, FISV: Cash Conversion Cycle Comparison
For the Information Technology Services subindustry, Canarys Automations'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.
Canarys Automations Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, Canarys Automations's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Canarys Automations'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.
Canarys Automations's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 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.
Canarys Automations (NSE:CANARYS) has a Cash Conversion Cycle of 88.61 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Canarys Automations and its competitors.
Is Canarys Automations' Cash Conversion Cycle too high?
Canarys Automations' current Cash Conversion Cycle is 88.61. The Software industry median Cash Conversion Cycle is 32.19. Canarys Automations' value of 88.61 is 175.3% above this industry median. Overall, Canarys Automations has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Canarys Automations' Cash Conversion Cycle compare to IBM and ACN?
Canarys Automations' Cash Conversion Cycle of 88.61 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.19. Canarys Automations' value of 88.61 is 175.3% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.19, based on 2,797 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. Canarys Automations's current Cash Conversion Cycle of 88.61 is 175.3% 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 Canarys Automations and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canarys Automations's current Cash Conversion Cycle is 88.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canarys Automations stock overvalued right now?
Canarys Automations (NSE:CANARYS) has a current Cash Conversion Cycle of 88.61. The current Cash Conversion Cycle is 88.61 and 175.3% above the Software industry median of 32.19. Canarys Automations' overall GF Score™ is 20/100 with 1 warning sign 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 Canarys Automations (NSE:CANARYS), the current Cash Conversion Cycle is 88.61 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.
Canarys Automations Ltd is an IT solutions provider specializing in enabling digital transformation for businesses through its software solutions in the areas of Digitalization, Modernization, Automation, and Intelligence. The company's solutions include Digital Transformation, Digital DevOps, Digital Assurance, Telemetry, Water Resources Management, and Cloud IT, and are delivered across industry sectors such as BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. it operates through two segments, Technology Solutions and Water Resource Management Solutions, with the majority of its revenue generated from the Technology Solutions segment. The company's revenue is generated from India sales, which contribute the maximum revenue, and international sales.
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