Innovative Tyres & Tubes's Days Sales Outstanding for the
six
months ended in Sep. 2025 was 19.19.
Innovative Tyres & Tubes's Days Inventory for the
six
months ended in Sep. 2025 was 56.28.
Innovative Tyres & Tubes's Days Payable for the
six
months ended in Sep. 2025 was 123.79.
Therefore, Innovative Tyres & Tubes's Cash Conversion Cycle (CCC) for the
six
months ended in Sep. 2025 was -48.32.
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.
Innovative Tyres & Tubes Cash Conversion Cycle Related Terms
Innovative Tyres & Tubes Cash Conversion Cycle Historical Data
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The historical data trend for Innovative Tyres & Tubes'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.
NSE:ITTL vs ORLY, AZO: Cash Conversion Cycle Comparison
For the Auto Parts subindustry, Innovative Tyres & Tubes'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.
Innovative Tyres & Tubes Cash Conversion Cycle vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Innovative Tyres & Tubes's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Innovative Tyres & Tubes'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.
Innovative Tyres & Tubes'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.
Innovative Tyres & Tubes (NSE:ITTL) has a Cash Conversion Cycle of -48.32 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Innovative Tyres & Tubes and its competitors.
Is Innovative Tyres & Tubes' Cash Conversion Cycle too high?
Innovative Tyres & Tubes' current Cash Conversion Cycle is -48.32. Overall, Innovative Tyres & Tubes has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tyres & Tubes' Cash Conversion Cycle compare to ORLY and AZO?
Innovative Tyres & Tubes' Cash Conversion Cycle of -48.32 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.42. 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.42, based on 1,325 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 Innovative Tyres & Tubes and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Tyres & Tubes's current Cash Conversion Cycle is -48.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Tyres & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tyres & Tubes (NSE:ITTL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹66.78, compared to a current price of ₹75.00 — trading 12.3% above its estimated fair value. The current Cash Conversion Cycle is -48.32. Innovative Tyres & Tubes' overall GF Score™ is 42/100 with 6 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 Innovative Tyres & Tubes (NSE:ITTL), the current Cash Conversion Cycle is -48.32 as of Sep. 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.
Is Innovative Tyres & Tubes (NSE:ITTL) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Tyres & Tubes stock appears to be overvalued.
The current stock price of ₹75.00 is trading 12.3% above its estimated GF Value™ of ₹66.78.
GuruFocus considers Innovative Tyres & Tubes to be Modestly Overvalued.
Key valuation signals for NSE:ITTL:
Cash Conversion Cycle: -48.32
GF Value™: ₹66.78 vs. price of ₹75.00 (12.3% above fair value)
No single metric tells the full story. See the NSE:ITTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Tyres & Tubes Ltd is a manufacturer and exporter of Bias Tyres in India, generating the majority of its revenue domestically. The company offers a product portfolio across the Truck/Bus, Agricultural & OTR, and Motorcycle/3-wheeler segments from two nearby manufacturing units. Its product range includes tyres for light motorcycles up to heavy off-the-road mining vehicles. The company serves both domestic and export markets, supplying to over 40 countries and partnering with brands in India. Its product lineup includes mining tyres, agriculture tyres, motorcycle and scooter tyres, three-wheeler and passenger vehicle tyres, light-truck, truck and bus tyres, and special-purpose tyres.
42GF Score
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