HEC Infra Projects's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 48.2.
HEC Infra Projects's Days Inventory for the
three
months ended in Mar. 2026 was 95.77.
HEC Infra Projects's Days Payable for the
three
months ended in Mar. 2026 was 36.94.
Therefore, HEC Infra Projects's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 107.03.
HEC Infra Projects (NSE:HECPROJECT) 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.
HEC Infra Projects Cash Conversion Cycle Related Terms
HEC Infra Projects Cash Conversion Cycle Historical Data
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The historical data trend for HEC Infra Projects'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:HECPROJECT vs PWR, FIX, EME: Cash Conversion Cycle Comparison
For the Engineering & Construction subindustry, HEC Infra Projects'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.
HEC Infra Projects Cash Conversion Cycle vs Construction Industry
For the Construction industry and Industrials sector, HEC Infra Projects's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where HEC Infra Projects's Cash Conversion Cycle falls into.
HEC Infra Projects 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.
HEC Infra Projects'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.
HEC Infra Projects (NSE:HECPROJECT) has a Cash Conversion Cycle of 107.03 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on HEC Infra Projects and its competitors.
Is HEC Infra Projects' Cash Conversion Cycle too high?
HEC Infra Projects' current Cash Conversion Cycle is 107.03. The Construction industry median Cash Conversion Cycle is 55.83. HEC Infra Projects' value of 107.03 is 91.7% above this industry median. Overall, HEC Infra Projects has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HEC Infra Projects' Cash Conversion Cycle compare to PWR and FIX?
HEC Infra Projects' Cash Conversion Cycle of 107.03 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.83. HEC Infra Projects' value of 107.03 is 91.7% 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 a Construction company?
The median Cash Conversion Cycle among Construction companies is 55.83, based on 1,761 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. HEC Infra Projects's current Cash Conversion Cycle of 107.03 is 91.7% 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 HEC Infra Projects and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HEC Infra Projects's current Cash Conversion Cycle is 107.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEC Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, HEC Infra Projects (NSE:HECPROJECT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹204.10, compared to a current price of ₹139.91 — trading 31.5% below its estimated fair value. The current Cash Conversion Cycle is 107.03 and 91.7% above the Construction industry median of 55.83. HEC Infra Projects' overall GF Score™ is 90/100 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 HEC Infra Projects (NSE:HECPROJECT), the current Cash Conversion Cycle is 107.03 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 HEC Infra Projects (NSE:HECPROJECT) Overvalued in 2026?
Based on GuruFocus' analysis, HEC Infra Projects stock appears to be undervalued.
The current stock price of ₹139.91 is trading 31.5% below its estimated GF Value™ of ₹204.10.
GuruFocus considers HEC Infra Projects to be Significantly Undervalued.
Key valuation signals for NSE:HECPROJECT:
Cash Conversion Cycle: 107.03
GF Value™: ₹204.10 vs. price of ₹139.91 (31.5% below fair value)
Industry Position: 91.7% above the Construction median
No single metric tells the full story. See the NSE:HECPROJECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company Contractor in the Electro-Mechanical and Instrumentation Projects. The company services include switchyards; overhead transmission; substations, underground cable lying; Industrial and commercial electrification, battery energy storage system and mini / micro grid Solar projects water pumping stations; solar park; rooftop solar; indoor and outdoor lighting; security; fire alarm systems and others. It serves Steel, Chemical, Cement, Refineries, Petrochemicals, Gas and Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Banks, Malls, Call Centers, Software Park; and other industries. It is engaged in the EPC Electro-Mechanical Project Business which is their only segment.
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