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Euro Panel Products (NSE:EUROBOND) Cash Conversion Cycle : 152.49 (As of Sep. 2024)


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What is Euro Panel Products Cash Conversion Cycle?

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

Euro Panel Products's Days Sales Outstanding for the six months ended in Sep. 2024 was 39.06.
Euro Panel Products's Days Inventory for the six months ended in Sep. 2024 was 203.84.
Euro Panel Products's Days Payable for the six months ended in Sep. 2024 was 90.41.
Therefore, Euro Panel Products's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2024 was 152.49.


Euro Panel Products Cash Conversion Cycle Historical Data

The historical data trend for Euro Panel Products'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.

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Euro Panel Products Cash Conversion Cycle Chart

Euro Panel Products Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial 152.62 165.48 141.41 125.84 133.33

Euro Panel Products Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.34 135.20 127.97 125.27 152.49

Competitive Comparison of Euro Panel Products's Cash Conversion Cycle

For the Building Products & Equipment subindustry, Euro Panel Products'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.


Euro Panel Products's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, Euro Panel Products's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Euro Panel Products's Cash Conversion Cycle falls into.


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Euro Panel Products 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.

Euro Panel Products's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=35.09+170.12-71.88
=133.33

Euro Panel Products's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=39.06+203.84-90.41
=152.49

* 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.


Euro Panel Products  (NSE:EUROBOND) 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.


Euro Panel Products Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Euro Panel Products's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Euro Panel Products Business Description

Traded in Other Exchanges
N/A
Address
Ramdas Sutrale Road, 702, 7th Floor, Aravalli Business Centre, Borivali (West), Mumbai, MH, IND, 400092
Euro Panel Products Ltd is engaged in the manufacturing and supplying of Aluminium Composite Panels (ACP) in India and globally. ACPs are a kind of panels, which are widely used as an exterior covering of commercial buildings and corporate houses. The company's products also include stone series for the exterior of the building, high-pressure laminates, ACP sign board, Zinc composite panels, and others. Geographically, the company derives a majority of its revenue from the domestic market.

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