Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Eon Electric's Days Sales Outstanding for the
three
months ended in Dec. 2019 was 3012.95.
Eon Electric's Days Inventory for the
three
months ended in Dec. 2019 was 387.82.
Eon Electric's Days Payable for the
three
months ended in Dec. 2019 was 183.84.
Therefore, Eon Electric's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2019 was 3,216.93.
Eon Electric (NSE:EON) 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.
Eon Electric Cash Conversion Cycle Related Terms
Eon Electric Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Eon Electric'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:EON vs HON, MMM, GE: Cash Conversion Cycle Comparison
For the Specialty Industrial Machinery subindustry, Eon Electric'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.
Eon Electric Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Eon Electric's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Eon Electric'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.
Eon Electric's Cash Conversion Cycle for the fiscal year that ended in Mar. 2019 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.
What does a Cash Conversion Cycle of 3,216.93 mean?
Eon Electric (NSE:EON) has a Cash Conversion Cycle of 3,216.93 as of Dec. 2019. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Eon Electric and its competitors.
Is Eon Electric's Cash Conversion Cycle too high?
Eon Electric's current Cash Conversion Cycle is 3,216.93. The Industrial Products industry median Cash Conversion Cycle is 122.24. Eon Electric's value of 3,216.93 is 2531.8% above this industry median. Overall, Eon Electric has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Eon Electric's Cash Conversion Cycle compare to HON and MMM?
Eon Electric's Cash Conversion Cycle of 3,216.93 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.24. Eon Electric's value of 3,216.93 is 2531.8% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.24, based on 3,032 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. Eon Electric's current Cash Conversion Cycle of 3,216.93 is 2531.8% 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 Eon Electric and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eon Electric's current Cash Conversion Cycle is 3,216.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eon Electric stock overvalued right now?
Eon Electric (NSE:EON) has a current Cash Conversion Cycle of 3,216.93. The current Cash Conversion Cycle is 3,216.93 and 2531.8% above the Industrial Products industry median of 122.24. Eon Electric's overall GF Score™ is 4/100. 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 Eon Electric (NSE:EON), the current Cash Conversion Cycle is 3,216.93 as of Dec. 2019. 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.
Eon Electric Ltd manufactures electrical switchgear, lighting equipment, and cables. It engages in the manufacturing and marketing of wires and cables, lighting products and LED Lights. It operates its business through the following segments: Cable and Wires, Lighting, Electrical Consumer Durables, and Others. The Cable and Wires segment includes wires and cables. The Lighting segment includes compact fluorescent lamps, fluorescent tube lights, and luminaires etc. The Electrical Consumer Durables segment includes Fans, Water Heaters etc. The Others segment includes modular switches, wiring accessories, home automation, fans, lithium-ion batteries, mobile phone accessories. Its Lighting segment acts as a core revenue driver for the firm.
4GF Score
Get the complete analysis for NSE:EON
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:EON has been successfully added to your 
