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GPT Healthcare (NSE:GPTHEALTH) Cash Conversion Cycle : 0.00 (As of Mar. 2024)


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What is GPT Healthcare Cash Conversion Cycle?

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

GPT Healthcare's Days Sales Outstanding for the three months ended in Mar. 2024 was .
GPT Healthcare's Days Inventory for the three months ended in Mar. 2024 was .
GPT Healthcare's Days Payable for the three months ended in Mar. 2024 was .
Therefore, GPT Healthcare's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 0.00.


GPT Healthcare Cash Conversion Cycle Historical Data

The historical data trend for GPT Healthcare'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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GPT Healthcare Cash Conversion Cycle Chart

GPT Healthcare Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
-98.01 -69.22 -93.70 -97.65

GPT Healthcare Quarterly Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial - - - - -

Competitive Comparison of GPT Healthcare's Cash Conversion Cycle

For the Medical Care Facilities subindustry, GPT Healthcare'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.


GPT Healthcare's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, GPT Healthcare's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where GPT Healthcare's Cash Conversion Cycle falls into.



GPT Healthcare 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.

GPT Healthcare'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
=20.5+37.56-155.71
=-97.65

GPT Healthcare's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=0.00

* 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.


GPT Healthcare  (NSE:GPTHEALTH) 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.


GPT Healthcare Cash Conversion Cycle Related Terms

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GPT Healthcare (NSE:GPTHEALTH) Business Description

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Traded in Other Exchanges
Address
GPT Centre, JC-25, Sector III, Salt Lake, Kolkata, WB, IND, 700106
GPT Healthcare Ltd is engaged in healthcare sector. It operates a chain of mid-sized full service hospitals under the ILS brand and provide integrated healthcare services, with a focus on secondary and tertiary care and operates four multispecialty hospitals in Dum Dum, Salt Lake and Howrah in West Bengal and Agartala in Tripura with a total capacity of 561 beds. It offers a comprehensive range of healthcare services across over 35 specialties and super specialties, including internal medicine and diabetology, nephrology (including renal transplants), laparoscopic and general surgery, gynaecology and obstetrics, critical care, gastroenterology, orthopaedics and joint replacements, interventional cardiology, neurology, neurosurgery, paediatrics, and neonatology.

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