Innomet Advanced Materials (NSE:INNOMET) Cash Conversion Cycle: 69.10 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:INNOMET Innomet Advanced Materials Ltd NSE:INNOMET
44 GF Score
Price ₹281.05
! 7 Warning Signs
View Full Analysis

What is Innomet Advanced Materials Cash Conversion Cycle?

Innomet Advanced Materials NSE:INNOMET -0.95% 44 Cash Conversion Cycle is 69.10 as of Mar. 2026. GuruFocus rates NSE:INNOMET with a GF Score™ of 44/100. The stock has 7 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.

Innomet Advanced Materials's Days Sales Outstanding for the three months ended in Mar. 2026 was 26.16.
Innomet Advanced Materials's Days Inventory for the three months ended in Mar. 2026 was 52.23.
Innomet Advanced Materials's Days Payable for the three months ended in Mar. 2026 was 9.29.
Therefore, Innomet Advanced Materials's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 69.10.


Innomet Advanced Materials  (NSE:INNOMET) 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.


Innomet Advanced Materials Cash Conversion Cycle Related Terms


Innomet Advanced Materials Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Innomet Advanced Materials'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.

Innomet Advanced Materials Cash Conversion Cycle Chart

Innomet Advanced Materials Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial 133.91 177.36 202.75 209.29 155.34

Innomet Advanced Materials Quarterly Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial 0.00 76.34 132.34 88.34 69.10

Innomet Advanced Materials Cash Conversion Cycle Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Innomet Advanced Materials'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.


Innomet Advanced Materials Cash Conversion Cycle vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Innomet Advanced Materials's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Innomet Advanced Materials's Cash Conversion Cycle falls into.


NSE:INNOMET
44GF Score
Innomet Advanced Materials Ltd NSE:INNOMET
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innomet Advanced Materials 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.

Innomet Advanced Materials'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
=58.91+117.3-20.87
=155.34

Innomet Advanced Materials'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
=26.16+52.23-9.29
=69.10

* 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 69.10 mean?
Innomet Advanced Materials (NSE:INNOMET) has a Cash Conversion Cycle of 69.10 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Innomet Advanced Materials and its competitors.
Is Innomet Advanced Materials' Cash Conversion Cycle too high?
Innomet Advanced Materials' current Cash Conversion Cycle is 69.10. The Metals & Mining industry median Cash Conversion Cycle is 15.36. Innomet Advanced Materials' value of 69.10 is 349.9% above this industry median. Overall, Innomet Advanced Materials has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Innomet Advanced Materials' Cash Conversion Cycle compare to competitors?
Innomet Advanced Materials' Cash Conversion Cycle of 69.10 can be compared against companies in the Metals & Mining industry. The industry median Cash Conversion Cycle is 15.36. Innomet Advanced Materials' value of 69.10 is 349.9% 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 Metals & Mining company?
The median Cash Conversion Cycle among Metals & Mining companies is 15.36, based on 1,174 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. Innomet Advanced Materials's current Cash Conversion Cycle of 69.10 is 349.9% 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 Innomet Advanced Materials and its competitors. For the Metals & Mining industry, the median Cash Conversion Cycle is 15.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innomet Advanced Materials's current Cash Conversion Cycle is 69.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innomet Advanced Materials stock overvalued right now?
Innomet Advanced Materials (NSE:INNOMET) has a current Cash Conversion Cycle of 69.10. The current Cash Conversion Cycle is 69.10 and 349.9% above the Metals & Mining industry median of 15.36. Innomet Advanced Materials' overall GF Score™ is 44/100 with 7 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 Innomet Advanced Materials (NSE:INNOMET), the current Cash Conversion Cycle is 69.10 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.

Innomet Advanced Materials Business Description

Address B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad, TG, IND, 502032
Innomet Advanced Materials Ltd is involved in manufacturing and supplying ferrous and non-ferrous metal/alloy powders and tungsten heavy alloy components. It has two divisions under the brand names Innomet Powders and Innotung. Innomet Powders produces metal and alloy powders using water, air, and gas atomization processes. Innotung is the brand name for the tungsten heavy alloy series made through powder metallurgy by the company. It supplies these materials as bars, plates, cubes, spheres, and components of various sizes and shapes, also in finished machined condition according to customer drawings. The company operates in two product segments: metal powders and tungsten heavy alloys.
44GF Score

Get the complete analysis for NSE:INNOMET

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

₹281.05
Price