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Hvax Technologies's Days Sales Outstanding for the
six
months ended in Mar. 2025 was 135.7.
Hvax Technologies's Days Inventory for the
six
months ended in Mar. 2025 was 93.77.
Hvax Technologies's Days Payable for the
six
months ended in Mar. 2025 was 49.61.
Therefore, Hvax Technologies's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2025 was 179.86.
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.
Hvax Technologies Cash Conversion Cycle Related Terms
Hvax Technologies Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Hvax Technologies'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.
Hvax Technologies Cash Conversion Cycle Chart
Hvax Technologies Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Cash Conversion Cycle
44.97
98.89
149.36
166.58
179.86
Hvax Technologies Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Cash Conversion Cycle
44.97
98.89
149.36
166.58
179.86
NSE:HVAX vs GWW, FAST, FERG: Cash Conversion Cycle Comparison
For the Industrial Distribution subindustry, Hvax Technologies'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.
Hvax Technologies Cash Conversion Cycle vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hvax Technologies's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Hvax Technologies'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.
Hvax Technologies'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.
Hvax Technologies (NSE:HVAX) has a Cash Conversion Cycle of 179.86 as of Mar. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Hvax Technologies and its competitors.
Is Hvax Technologies' Cash Conversion Cycle too high?
Hvax Technologies' current Cash Conversion Cycle is 179.86. The Industrial Distribution industry median Cash Conversion Cycle is 99.15. Hvax Technologies' value of 179.86 is 81.4% above this industry median. Overall, Hvax Technologies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Hvax Technologies' Cash Conversion Cycle compare to GWW and FAST?
Hvax Technologies' Cash Conversion Cycle of 179.86 can be compared against companies in the Industrial Distribution industry. The industry median Cash Conversion Cycle is 99.15. Hvax Technologies' value of 179.86 is 81.4% 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 Distribution company?
The median Cash Conversion Cycle among Industrial Distribution companies is 99.15, based on 158 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. Hvax Technologies's current Cash Conversion Cycle of 179.86 is 81.4% 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 Hvax Technologies and its competitors. For the Industrial Distribution industry, the median Cash Conversion Cycle is 99.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hvax Technologies's current Cash Conversion Cycle is 179.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hvax Technologies stock overvalued right now?
Hvax Technologies (NSE:HVAX) has a current Cash Conversion Cycle of 179.86. The current Cash Conversion Cycle is 179.86 and 81.4% above the Industrial Distribution industry median of 99.15. Hvax Technologies' overall GF Score™ is 18/100 with 3 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 Hvax Technologies (NSE:HVAX), the current Cash Conversion Cycle is 179.86 as of Mar. 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.
Hvax Technologies Ltd is engaged in the business of turnkey projects on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms; design, engineering, and consultancy services for pharma and healthcare companies. As a part of turnkey projects, the company supplies the following third-party manufactured products: Cleanroom wall panels, Cleanroom ceiling panels, Covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, pre-fabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) Equipment, and Utility generation and distribution equipment.
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