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Dhanuka Realty (NSE:DRL) Cash Conversion Cycle : 2,484.38 (As of Mar. 2023)


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What is Dhanuka Realty Cash Conversion Cycle?

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

Dhanuka Realty's Days Sales Outstanding for the six months ended in Mar. 2023 was 94.75.
Dhanuka Realty's Days Inventory for the six months ended in Mar. 2023 was 2497.97.
Dhanuka Realty's Days Payable for the six months ended in Mar. 2023 was 108.34.
Therefore, Dhanuka Realty's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2023 was 2,484.38.


Dhanuka Realty Cash Conversion Cycle Historical Data

The historical data trend for Dhanuka Realty'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.

Dhanuka Realty Cash Conversion Cycle Chart

Dhanuka Realty Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 870.85 3,624.18 596.05 2,064.39 2,484.38

Dhanuka Realty Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 870.85 3,624.18 596.05 2,064.39 2,484.38

Competitive Comparison of Dhanuka Realty's Cash Conversion Cycle

For the Residential Construction subindustry, Dhanuka Realty'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.


Dhanuka Realty's Cash Conversion Cycle Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Dhanuka Realty's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Dhanuka Realty's Cash Conversion Cycle falls into.



Dhanuka Realty 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.

Dhanuka Realty's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=94.75+2497.97-108.34
=2,484.38

Dhanuka Realty's Cash Conversion Cycle for the quarter that ended in Mar. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=94.75+2497.97-108.34
=2,484.38

* 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.


Dhanuka Realty  (NSE:DRL) 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.


Dhanuka Realty Cash Conversion Cycle Related Terms

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Dhanuka Realty (NSE:DRL) Business Description

Traded in Other Exchanges
N/A
Address
C-212 & C-213, Gautam Marg, 5th Floor, The Solitaire, Hanuman Nagar, Vaishali Nagar, Jaipur, RJ, IND, 302021
Dhanuka Realty Ltd operates as a real estate development and construction company primarily focusing on the development of residential apartments and residential projects in Jaipur. These projects include Symphony at Jaisinghpura Road Ajmer Road, Sunshine Shalimar at Tagore Nagar Vidhyut Nagar, Sunshine Prime at Mansarovar Extension, Sunshine Krishna 1, Sunshine Krishna 2, Sunshine Krishna 3, Sunshine Orchid, Sunshine Vridanavan, etc.

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