Felix Industries's Days Sales Outstanding for the
six
months ended in Sep. 2025 was 84.28.
Felix Industries's Days Inventory for the
six
months ended in Sep. 2025 was 318.08.
Felix Industries's Days Payable for the
six
months ended in Sep. 2025 was 462.32.
Therefore, Felix Industries's Cash Conversion Cycle (CCC) for the
six
months ended in Sep. 2025 was -59.96.
Felix Industries (NSE:FELIX) 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.
Felix Industries Cash Conversion Cycle Related Terms
Felix Industries Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Felix Industries'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:FELIX vs WM, RSG, WCN: Cash Conversion Cycle Comparison
For the Waste Management subindustry, Felix Industries'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.
Felix Industries Cash Conversion Cycle vs Waste Management Industry
For the Waste Management industry and Industrials sector, Felix Industries's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Felix Industries's Cash Conversion Cycle falls into.
Felix Industries 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.
Felix Industries's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 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.
Felix Industries (NSE:FELIX) has a Cash Conversion Cycle of -59.96 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Felix Industries and its competitors.
Is Felix Industries' Cash Conversion Cycle too high?
Felix Industries' current Cash Conversion Cycle is -59.96. Overall, Felix Industries has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Felix Industries' Cash Conversion Cycle compare to WM and RSG?
Felix Industries' Cash Conversion Cycle of -59.96 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 50.09. 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 50.09, based on 240 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. 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 Felix Industries and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 50.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Felix Industries's current Cash Conversion Cycle is -59.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felix Industries stock overvalued right now?
Based on GuruFocus' analysis, Felix Industries (NSE:FELIX) is currently considered Fairly Valued. The stock's GF Value™ is ₹199.70, compared to a current price of ₹187.10 — trading 6.3% below its estimated fair value. The current Cash Conversion Cycle is -59.96. Felix Industries' overall GF Score™ is 82/100 with 6 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 Felix Industries (NSE:FELIX), the current Cash Conversion Cycle is -59.96 as of Sep. 2025. 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 Felix Industries (NSE:FELIX) Overvalued in 2026?
Based on GuruFocus' analysis, Felix Industries stock appears to be undervalued.
The current stock price of ₹187.10 is trading 6.3% below its estimated GF Value™ of ₹199.70.
GuruFocus considers Felix Industries to be Fairly Valued.
Key valuation signals for NSE:FELIX:
Cash Conversion Cycle: -59.96
GF Value™: ₹199.70 vs. price of ₹187.10 (6.3% below fair value)
No single metric tells the full story. See the NSE:FELIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Felix Industries Ltd is an Indian company engaged in water collection, treatment, and supply. It offers solutions for water and wastewater management by way of Reverse Osmosis Systems, Effluent Recycling Systems, and Zero Liquid Discharge Systems. The company provides services in the areas of water and wastewater engineering, industrial piping division, and E-waste recycling. The group operates in two different geographical territories, i.e., India and Oman. It generates the majority of its revenue within India.
82GF Score
Get the complete analysis for NSE:FELIX
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:FELIX has been successfully added to your 
