Flair Writing Industries (NSE:FLAIR) Cash Conversion Cycle: 302.65 (As of Mar. 2026)


NSE:FLAIR Flair Writing Industries Ltd NSE:FLAIR
54 GF Score
Price ₹260.15
! 2 Warning Signs
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What is Flair Writing Industries Cash Conversion Cycle?

Flair Writing Industries NSE:FLAIR -0.73% 54 Cash Conversion Cycle is 302.65 as of Mar. 2026. GuruFocus rates NSE:FLAIR with a GF Score™ of 54/100. The stock has 2 warning signs investors should review.

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

Flair Writing Industries's Days Sales Outstanding for the three months ended in Mar. 2026 was 99.25.
Flair Writing Industries's Days Inventory for the three months ended in Mar. 2026 was 250.48.
Flair Writing Industries's Days Payable for the three months ended in Mar. 2026 was 47.08.
Therefore, Flair Writing Industries's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 302.65.


Flair Writing Industries  (NSE:FLAIR) 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.


Flair Writing Industries Cash Conversion Cycle Related Terms


Flair Writing Industries Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Flair Writing 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.

Flair Writing Industries Cash Conversion Cycle Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial 199.93 152.11 173.37 238.13 276.55

Flair Writing Industries Quarterly Data
Mar17 Mar18 Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 247.06 228.61 233.89 233.08 302.65

Flair Writing Industries Cash Conversion Cycle Competitor Comparison

For the Business Equipment & Supplies subindustry, Flair Writing 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.


Flair Writing Industries Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flair Writing Industries's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Flair Writing Industries's Cash Conversion Cycle falls into.


NSE:FLAIR
54GF Score
Flair Writing Industries Ltd NSE:FLAIR
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Flair Writing 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.

Flair Writing Industries's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=95.9+222.88-42.23
=276.55

Flair Writing Industries's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=99.25+250.48-47.08
=302.65

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 302.65 mean?
Flair Writing Industries (NSE:FLAIR) has a Cash Conversion Cycle of 302.65 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Flair Writing Industries and its competitors.
Is Flair Writing Industries' Cash Conversion Cycle too high?
Flair Writing Industries' current Cash Conversion Cycle is 302.65. The Industrial Products industry median Cash Conversion Cycle is 122.24. Flair Writing Industries' value of 302.65 is 147.6% above this industry median. Overall, Flair Writing Industries has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Flair Writing Industries' Cash Conversion Cycle compare to competitors?
Flair Writing Industries' Cash Conversion Cycle of 302.65 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.24. Flair Writing Industries' value of 302.65 is 147.6% 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 3,035 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. Flair Writing Industries's current Cash Conversion Cycle of 302.65 is 147.6% 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 Flair Writing Industries 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. Flair Writing Industries's current Cash Conversion Cycle is 302.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flair Writing Industries stock overvalued right now?
Flair Writing Industries (NSE:FLAIR) has a current Cash Conversion Cycle of 302.65. The current Cash Conversion Cycle is 302.65 and 147.6% above the Industrial Products industry median of 122.24. Flair Writing Industries' overall GF Score™ is 54/100 with 2 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 Flair Writing Industries (NSE:FLAIR), the current Cash Conversion Cycle is 302.65 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.

Flair Writing Industries Business Description

Other Exchanges 544030:India
Address Cross Road - A, Flair House, Plot No. A/64, Marol Industrial Area, MIDC, Andheri East, Mumbai, MH, IND, 400093
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes, and kids stationery kits, and calculators.
54GF Score

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