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Grindwell Norton's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 43.16.
Grindwell Norton's Days Inventory for the
three
months ended in Mar. 2026 was 110.28.
Grindwell Norton's Days Payable for the
three
months ended in Mar. 2026 was 117.81.
Therefore, Grindwell Norton's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 35.63.
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.
Grindwell Norton Cash Conversion Cycle Related Terms
Grindwell Norton Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Grindwell Norton'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:GRINDWELL vs TT, JCI, CARR: Cash Conversion Cycle Comparison
For the Building Products & Equipment subindustry, Grindwell Norton'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.
Grindwell Norton Cash Conversion Cycle vs Construction Industry
For the Construction industry and Industrials sector, Grindwell Norton's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Grindwell Norton'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.
Grindwell Norton's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
Grindwell Norton (NSE:GRINDWELL) has a Cash Conversion Cycle of 35.63 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Grindwell Norton and its competitors.
Is Grindwell Norton's Cash Conversion Cycle too high?
Grindwell Norton's current Cash Conversion Cycle is 35.63. The Construction industry median Cash Conversion Cycle is 55.89. Grindwell Norton's value of 35.63 is 36.2% below this industry median. Overall, Grindwell Norton has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's Cash Conversion Cycle compare to TT and JCI?
Grindwell Norton's Cash Conversion Cycle of 35.63 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.89. Grindwell Norton's value of 35.63 is 36.2% below 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 a Construction company?
The median Cash Conversion Cycle among Construction companies is 55.89, based on 1,768 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. Grindwell Norton's current Cash Conversion Cycle of 35.63 is 36.2% below 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 Grindwell Norton and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindwell Norton's current Cash Conversion Cycle is 35.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindwell Norton stock overvalued right now?
Based on GuruFocus' analysis, Grindwell Norton (NSE:GRINDWELL) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,372.78, compared to a current price of ₹2,382.30 — trading 0.4% above its estimated fair value. The current Cash Conversion Cycle is 35.63 and 36.2% below the Construction industry median of 55.89. Grindwell Norton's overall GF Score™ is 95/100 with 5 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 Grindwell Norton (NSE:GRINDWELL), the current Cash Conversion Cycle is 35.63 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.
Is Grindwell Norton (NSE:GRINDWELL) Overvalued in 2026?
Based on GuruFocus' analysis, Grindwell Norton stock appears to be overvalued.
The current stock price of ₹2,382.30 is trading 0.4% above its estimated GF Value™ of ₹2,372.78.
GuruFocus considers Grindwell Norton to be Fairly Valued.
Key valuation signals for NSE:GRINDWELL:
Cash Conversion Cycle: 35.63
GF Value™: ₹2,372.78 vs. price of ₹2,382.30 (0.4% above fair value)
Industry Position: 36.2% below the Construction median
No single metric tells the full story. See the NSE:GRINDWELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue from Ceramics and Plastics division.
95GF Score
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