Devyani International (NSE:DEVYANI) Cash Conversion Cycle: -58.43 (As of Mar. 2026)


NSE:DEVYANI Devyani International Ltd NSE:DEVYANI
76 GF Score
Price ₹112.84
GF Value ₹240.91
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Devyani International Cash Conversion Cycle?

Devyani International NSE:DEVYANI -2.16% 76 Cash Conversion Cycle is -58.43 as of Mar. 2026. GuruFocus rates NSE:DEVYANI with a GF Score™ of 76/100 and a GF Value™ of ₹240.91 (Significantly Undervalued). The stock has 3 warning signs investors should review.

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

Devyani International's Days Sales Outstanding for the three months ended in Mar. 2026 was 4.07.
Devyani International's Days Inventory for the three months ended in Mar. 2026 was 22.85.
Devyani International's Days Payable for the three months ended in Mar. 2026 was 85.35.
Therefore, Devyani International's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -58.43.


Devyani International  (NSE:DEVYANI) 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.


Devyani International Cash Conversion Cycle Related Terms


Devyani International Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Devyani 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.

Devyani International Cash Conversion Cycle Chart

Devyani International Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial -35.84 -25.59 -32.59 -40.15 -48.71

Devyani International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -45.26 -39.46 -47.43 -46.05 -58.43

NSE:DEVYANI vs MCD, SBUX, YUM: Cash Conversion Cycle Comparison

For the Restaurants subindustry, Devyani 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.


Devyani International Cash Conversion Cycle vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Devyani International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Devyani International's Cash Conversion Cycle falls into.


NSE:DEVYANI
76GF Score
Devyani International Ltd NSE:DEVYANI
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Devyani 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.

Devyani International's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=3.43+21.95-74.09
=-48.71

Devyani International's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=4.07+22.85-85.35
=-58.43

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of -58.43 mean?
Devyani International (NSE:DEVYANI) has a Cash Conversion Cycle of -58.43 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Devyani International and its competitors.
Is Devyani International's Cash Conversion Cycle too high?
Devyani International's current Cash Conversion Cycle is -58.43. Overall, Devyani International has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devyani International's Cash Conversion Cycle compare to MCD and SBUX?
Devyani International's Cash Conversion Cycle of -58.43 can be compared against companies in the Restaurants industry. 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 Restaurants company?
A good Cash Conversion Cycle depends on the Restaurants industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Devyani International and its competitors. Devyani International's current Cash Conversion Cycle is -58.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devyani International stock overvalued right now?
Based on GuruFocus' analysis, Devyani International (NSE:DEVYANI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹240.91, compared to a current price of ₹112.84 — trading 53.2% below its estimated fair value. The current Cash Conversion Cycle is -58.43. Devyani International's overall GF Score™ is 76/100 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 Devyani International (NSE:DEVYANI), the current Cash Conversion Cycle is -58.43 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 Devyani International (NSE:DEVYANI) Overvalued in 2026?

Based on GuruFocus' analysis, Devyani International stock appears to be undervalued. The current stock price of ₹112.84 is trading 53.2% below its estimated GF Value™ of ₹240.91. GuruFocus considers Devyani International to be Significantly Undervalued.

Key valuation signals for NSE:DEVYANI:

  • Cash Conversion Cycle: -58.43
  • GF Value™: ₹240.91 vs. price of ₹112.84 (53.2% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the NSE:DEVYANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Devyani International Business Description

Other Exchanges 543330:India
Address Plot No. 18, Sector-35, Near Hero Honda Chowk, Gurugram, HR, IND, 122 004
Devyani International Ltd is a franchisee of Yum Brands in India and is among the largest operators of a quick-service restaurant chain (QSR chain), operating around 1,243 stores across 155 cities in India. Companies products includes PizzaHut, KFC, Costa Coffee, Vaang.o, The Food Street, and more. Geographically, operates domestically and internationally, with the majority of revenue from India.
76GF Score

Get the complete analysis for NSE:DEVYANI

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹112.84
Price
₹240.91
GF Value