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.
IndiGrid Infrastructure Trust Cash Conversion Cycle Related Terms
IndiGrid Infrastructure Trust Cash Conversion Cycle Historical Data
* 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:INDIGRID vs CEG, VST, NRG: Cash Conversion Cycle Comparison
For the Utilities - Independent Power Producers subindustry, IndiGrid Infrastructure Trust'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.
IndiGrid Infrastructure Trust Cash Conversion Cycle vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, IndiGrid Infrastructure Trust's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where IndiGrid Infrastructure Trust'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.
* 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.
IndiGrid Infrastructure Trust (NSE:INDIGRID) has a Cash Conversion Cycle of -39.65 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on IndiGrid Infrastructure Trust and its competitors.
Is IndiGrid Infrastructure Trust's Cash Conversion Cycle too high?
IndiGrid Infrastructure Trust's current Cash Conversion Cycle is -39.65. Overall, IndiGrid Infrastructure Trust has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiGrid Infrastructure Trust's Cash Conversion Cycle compare to CEG and VST?
IndiGrid Infrastructure Trust's Cash Conversion Cycle of -39.65 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 25.49. 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 Utilities - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 25.49, based on 418 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. 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 IndiGrid Infrastructure Trust and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 25.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndiGrid Infrastructure Trust's current Cash Conversion Cycle is -39.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiGrid Infrastructure Trust stock overvalued right now?
Based on GuruFocus' analysis, IndiGrid Infrastructure Trust (NSE:INDIGRID) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹217.37, compared to a current price of ₹179.49 — trading 17.4% below its estimated fair value. The current Cash Conversion Cycle is -39.65. IndiGrid Infrastructure Trust's overall GF Score™ is 85/100 with 9 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 IndiGrid Infrastructure Trust (NSE:INDIGRID), the current Cash Conversion Cycle is -39.65 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.
Is IndiGrid Infrastructure Trust (NSE:INDIGRID) Overvalued in 2026?
Based on GuruFocus' analysis, IndiGrid Infrastructure Trust stock appears to be undervalued.
The current stock price of ₹179.49 is trading 17.4% below its estimated GF Value™ of ₹217.37.
GuruFocus considers IndiGrid Infrastructure Trust to be Modestly Undervalued.
Key valuation signals for NSE:INDIGRID:
Cash Conversion Cycle: -39.65
GF Value™: ₹217.37 vs. price of ₹179.49 (17.4% below fair value)
No single metric tells the full story. See the NSE:INDIGRID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IndiGrid Infrastructure Trust Business Description
IndiGrid Infrastructure Trust, formerly India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines. The company has two distinct reportable segments: Power Transmission and Power generation. The power Transmission segment generates the majority of revenue and is engaged in the business of owning and maintaining transmission assets. The power Generation segment includes entities in the business of generating power through renewable sources such as solar etc.
85GF Score
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