Indus Towers (NSE:INDUSTOWER) Cash Conversion Cycle: -27.80 (As of Mar. 2026)


NSE:INDUSTOWER Indus Towers Ltd NSE:INDUSTOWER
95 GF Score
Price ₹388.55
GF Value ₹396.10
Valuation Fairly Valued
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What is Indus Towers Cash Conversion Cycle?

Indus Towers NSE:INDUSTOWER +1.50% 95 Cash Conversion Cycle is -27.80 as of Mar. 2026. GuruFocus rates NSE:INDUSTOWER with a GF Score™ of 95/100 and a GF Value™ of ₹396.10 (Fairly Valued).

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

Indus Towers's Days Sales Outstanding for the three months ended in Mar. 2026 was 55.64.
Indus Towers's Days Inventory for the three months ended in Mar. 2026 was 0.85.
Indus Towers's Days Payable for the three months ended in Mar. 2026 was 84.29.
Therefore, Indus Towers's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -27.80.


Indus Towers  (NSE:INDUSTOWER) 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.


Indus Towers Cash Conversion Cycle Related Terms


Indus Towers Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Indus Towers'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.

Indus Towers Cash Conversion Cycle Chart

Indus Towers 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 -24.11 3.43 0.19 -7.10 -22.76

Indus Towers 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 -8.16 -18.45 -20.58 -23.68 -27.80

NSE:INDUSTOWER vs TMUS, VZ, T: Cash Conversion Cycle Comparison

For the Telecom Services subindustry, Indus Towers'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.


Indus Towers Cash Conversion Cycle vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Indus Towers's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Indus Towers's Cash Conversion Cycle falls into.


NSE:INDUSTOWER
95GF Score
Indus Towers Ltd NSE:INDUSTOWER
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Indus Towers 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.

Indus Towers'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
=54.52+0.52-77.8
=-22.76

Indus Towers'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
=55.64+0.85-84.29
=-27.80

* 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 -27.80 mean?
Indus Towers (NSE:INDUSTOWER) has a Cash Conversion Cycle of -27.80 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Indus Towers and its competitors.
Is Indus Towers' Cash Conversion Cycle too high?
Indus Towers' current Cash Conversion Cycle is -27.80. Overall, Indus Towers has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indus Towers' Cash Conversion Cycle compare to TMUS and VZ?
Indus Towers' Cash Conversion Cycle of -27.80 can be compared against companies in the Telecommunication Services industry. 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 Telecommunication Services company?
A good Cash Conversion Cycle depends on the Telecommunication Services industry context. 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 Indus Towers and its competitors. Indus Towers's current Cash Conversion Cycle is -27.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Towers stock overvalued right now?
Based on GuruFocus' analysis, Indus Towers (NSE:INDUSTOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹396.10, compared to a current price of ₹388.55 — trading 1.9% below its estimated fair value. The current Cash Conversion Cycle is -27.80. Indus Towers' overall GF Score™ is 95/100. 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 Indus Towers (NSE:INDUSTOWER), the current Cash Conversion Cycle is -27.80 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 Indus Towers (NSE:INDUSTOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Indus Towers stock appears to be undervalued. The current stock price of ₹388.55 is trading 1.9% below its estimated GF Value™ of ₹396.10. GuruFocus considers Indus Towers to be Fairly Valued.

Key valuation signals for NSE:INDUSTOWER:

  • Cash Conversion Cycle: -27.80
  • GF Value™: ₹396.10 vs. price of ₹388.55 (1.9% below fair value)
  • GF Score™: 95/100

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


Indus Towers Business Description

Other Exchanges 534816:India
Address DLF Cyber City, Building No. 10, 4th Floor, Tower A, Gurugram, HR, IND, 122002
Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.
95GF Score

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

₹388.55
Price
₹396.10
GF Value