Dredging of India's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 38.58.
Dredging of India's Days Inventory for the
three
months ended in Mar. 2026 was 72.33.
Dredging of India's Days Payable for the
three
months ended in Mar. 2026 was 83.92.
Therefore, Dredging of India's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 26.99.
Dredging of India (NSE:DREDGECORP) 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.
Dredging of India Cash Conversion Cycle Related Terms
Dredging of India Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Dredging of India'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:DREDGECORP vs PWR, FIX, EME: Cash Conversion Cycle Comparison
For the Engineering & Construction subindustry, Dredging of India'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.
Dredging of India Cash Conversion Cycle vs Construction Industry
For the Construction industry and Industrials sector, Dredging of India's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Dredging of India's Cash Conversion Cycle falls into.
Dredging of India 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.
Dredging of India'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.
Dredging of India (NSE:DREDGECORP) has a Cash Conversion Cycle of 26.99 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Dredging of India and its competitors.
Is Dredging of India's Cash Conversion Cycle too high?
Dredging of India's current Cash Conversion Cycle is 26.99. The Construction industry median Cash Conversion Cycle is 55.57. Dredging of India's value of 26.99 is 51.4% below this industry median. Overall, Dredging of India has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dredging of India's Cash Conversion Cycle compare to PWR and FIX?
Dredging of India's Cash Conversion Cycle of 26.99 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.57. Dredging of India's value of 26.99 is 51.4% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.57, based on 1,765 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. Dredging of India's current Cash Conversion Cycle of 26.99 is 51.4% 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 Dredging of India and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dredging of India's current Cash Conversion Cycle is 26.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dredging of India stock overvalued right now?
Based on GuruFocus' analysis, Dredging of India (NSE:DREDGECORP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹869.91, compared to a current price of ₹1,048.80 — trading 20.6% above its estimated fair value. The current Cash Conversion Cycle is 26.99 and 51.4% below the Construction industry median of 55.57. Dredging of India's overall GF Score™ is 70/100 with 4 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 Dredging of India (NSE:DREDGECORP), the current Cash Conversion Cycle is 26.99 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 Dredging of India (NSE:DREDGECORP) Overvalued in 2026?
Based on GuruFocus' analysis, Dredging of India stock appears to be overvalued.
The current stock price of ₹1,048.80 is trading 20.6% above its estimated GF Value™ of ₹869.91.
GuruFocus considers Dredging of India to be Modestly Overvalued.
Key valuation signals for NSE:DREDGECORP:
Cash Conversion Cycle: 26.99
GF Value™: ₹869.91 vs. price of ₹1,048.80 (20.6% above fair value)
Industry Position: 51.4% below the Construction median
No single metric tells the full story. See the NSE:DREDGECORP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dredging Corp of India Ltd provides integrated dredging and related marine services for ports, maritime trade, beach nourishment, reclamation, and inland dredging majorly across India. The company operates a fleet of dredgers to deepen and maintain sea coasts, river sides, canals, and ports, supporting expanding port operations driven by government initiatives such as the Sagarmala Programme. It also pursues business opportunities in overseas markets including the Middle East, Southeast Asia, and South Asia. Revenue is generated through contracts with majority ports and maritime organizations, as well as emerging industrial and infrastructure projects requiring dredging services.
70GF Score
Get the complete analysis for NSE:DREDGECORP
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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