CLC Industries's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 12.44.
CLC Industries's Days Inventory for the
three
months ended in Mar. 2026 was 59.43.
CLC Industries's Days Payable for the
three
months ended in Mar. 2026 was 53.69.
Therefore, CLC Industries's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 18.18.
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.
CLC Industries Cash Conversion Cycle Related Terms
CLC Industries Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for CLC Industries'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:CLCIND vs AIN: Cash Conversion Cycle Comparison
For the Textile Manufacturing subindustry, CLC Industries'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.
CLC Industries Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CLC Industries's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where CLC Industries'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.
CLC Industries'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.
CLC Industries (NSE:CLCIND) has a Cash Conversion Cycle of 18.18 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on CLC Industries and its competitors.
Is CLC Industries' Cash Conversion Cycle too high?
CLC Industries' current Cash Conversion Cycle is 18.18. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 123.81. CLC Industries' value of 18.18 is 85.3% below this industry median. Overall, CLC Industries has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does CLC Industries' Cash Conversion Cycle compare to AIN?
CLC Industries' Cash Conversion Cycle of 18.18 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 123.81. CLC Industries' value of 18.18 is 85.3% below 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 123.81, based on 1,035 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. CLC Industries's current Cash Conversion Cycle of 18.18 is 85.3% below 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 CLC Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 123.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CLC Industries's current Cash Conversion Cycle is 18.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CLC Industries stock overvalued right now?
CLC Industries (NSE:CLCIND) has a current Cash Conversion Cycle of 18.18. The current Cash Conversion Cycle is 18.18 and 85.3% below the Manufacturing - Apparel & Accessories industry median of 123.81. CLC Industries' overall GF Score™ is 27/100 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 CLC Industries (NSE:CLCIND), the current Cash Conversion Cycle is 18.18 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.
CLC Industries Ltd is a textile company based in India. It manufactures cotton yarn, synthetic yarn cotton, and blended yarn. The products of the company include hosiery yarn, weaving yarn, carpet yarn, sewing thread, flat knitting, and industrial yarn. The business segments of the company are the manufacturing of Cotton yarn and related activities. The majority of the revenue is generated from the textile manufacturing segment of the company. The company operates in India and internationally and derives its key revenue from India.
27GF Score
Get the complete analysis for NSE:CLCIND
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CLCIND has been successfully added to your 
