Indo Borax & Chemicals (NSE:INDOBORAX) Cash Conversion Cycle: 95.05 (As of Mar. 2026)


NSE:INDOBORAX Indo Borax & Chemicals Ltd NSE:INDOBORAX
71 GF Score
Price ₹378.90
GF Value ₹218.61
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Indo Borax & Chemicals Cash Conversion Cycle?

Indo Borax & Chemicals NSE:INDOBORAX -1.53% 71 Cash Conversion Cycle is 95.05 as of Mar. 2026. GuruFocus rates NSE:INDOBORAX with a GF Score™ of 71/100 and a GF Value™ of ₹218.61 (Significantly Overvalued). The stock has 9 warning signs investors should review.

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

Indo Borax & Chemicals's Days Sales Outstanding for the three months ended in Mar. 2026 was 15.03.
Indo Borax & Chemicals's Days Inventory for the three months ended in Mar. 2026 was 88.65.
Indo Borax & Chemicals's Days Payable for the three months ended in Mar. 2026 was 8.63.
Therefore, Indo Borax & Chemicals's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 95.05.


Indo Borax & Chemicals  (NSE:INDOBORAX) 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.


Indo Borax & Chemicals Cash Conversion Cycle Related Terms


Indo Borax & Chemicals Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Indo Borax & Chemicals'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.

Indo Borax & Chemicals Cash Conversion Cycle Chart

Indo Borax & Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 208.42 202.73 149.73 165.13 135.26

Indo Borax & Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 169.31 166.81 30.14 42.21 95.05

NSE:INDOBORAX vs DOW: Cash Conversion Cycle Comparison

For the Chemicals subindustry, Indo Borax & Chemicals'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.


Indo Borax & Chemicals Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Indo Borax & Chemicals's Cash Conversion Cycle falls into.


NSE:INDOBORAX
71GF Score
Indo Borax & Chemicals Ltd NSE:INDOBORAX
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Borax & Chemicals 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.

Indo Borax & Chemicals's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=22.16+126.81-13.71
=135.26

Indo Borax & Chemicals's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=15.03+88.65-8.63
=95.05

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 95.05 mean?
Indo Borax & Chemicals (NSE:INDOBORAX) has a Cash Conversion Cycle of 95.05 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Indo Borax & Chemicals and its competitors.
Is Indo Borax & Chemicals' Cash Conversion Cycle too high?
Indo Borax & Chemicals' current Cash Conversion Cycle is 95.05. The Chemicals industry median Cash Conversion Cycle is 89.27. Indo Borax & Chemicals' value of 95.05 is 6.5% above this industry median. Overall, Indo Borax & Chemicals has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' Cash Conversion Cycle compare to DOW?
Indo Borax & Chemicals' Cash Conversion Cycle of 95.05 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.27. Indo Borax & Chemicals' value of 95.05 is 6.5% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.27, based on 1,580 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. Indo Borax & Chemicals's current Cash Conversion Cycle of 95.05 is 6.5% 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 Indo Borax & Chemicals and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Borax & Chemicals's current Cash Conversion Cycle is 95.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹218.61, compared to a current price of ₹378.90 — trading 73.3% above its estimated fair value. The current Cash Conversion Cycle is 95.05 and 6.5% above the Chemicals industry median of 89.27. Indo Borax & Chemicals' overall GF Score™ is 71/100 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 Indo Borax & Chemicals (NSE:INDOBORAX), the current Cash Conversion Cycle is 95.05 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 Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued. The current stock price of ₹378.90 is trading 73.3% above its estimated GF Value™ of ₹218.61. GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.

Key valuation signals for NSE:INDOBORAX:

  • Cash Conversion Cycle: 95.05
  • GF Value™: ₹218.61 vs. price of ₹378.90 (73.3% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 6.5% above the Chemicals median

No single metric tells the full story. See the NSE:INDOBORAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indo Borax & Chemicals Business Description

Other Exchanges 524342:India
Address Linking Road, 302, 3rd Floor, Link Rose Building, Santacruz West, Mumbai, MH, IND, 400054
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
71GF Score

Get the complete analysis for NSE:INDOBORAX

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹378.90
Price
₹218.61
GF Value