IL& FS Investment Managers (NSE:IVC) Cash Conversion Cycle: -88.69 (As of Sep. 2025)


NSE:IVC IL& FS Investment Managers Ltd NSE:IVC
63 GF Score
Price ₹8.09
GF Value ₹5.74
Valuation Significantly Overvalued
! 5 Warning Signs
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What is IL& FS Investment Managers Cash Conversion Cycle?

IL& FS Investment Managers NSE:IVC -0.61% 63 Cash Conversion Cycle is -88.69 as of Sep. 2025. GuruFocus rates NSE:IVC with a GF Score™ of 63/100 and a GF Value™ of ₹5.74 (Significantly Overvalued). The stock has 5 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.

IL& FS Investment Managers's Days Sales Outstanding for the six months ended in Sep. 2025 was 191.25.
IL& FS Investment Managers's Days Inventory for the six months ended in Sep. 2025 was 0.
IL& FS Investment Managers's Days Payable for the six months ended in Sep. 2025 was 279.94.
Therefore, IL& FS Investment Managers's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2025 was -88.69.


IL& FS Investment Managers  (NSE:IVC) 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.


IL& FS Investment Managers Cash Conversion Cycle Related Terms


IL& FS Investment Managers Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for IL& FS Investment Managers'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.

IL& FS Investment Managers Cash Conversion Cycle Chart

IL& FS Investment Managers Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -86.36 -87.34 -149.67 -150.02 -65.45

IL& FS Investment Managers Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 -95.02 -148.04 0.79 -162.01 -88.69

NSE:IVC vs VOYA, FRHC: Cash Conversion Cycle Comparison

For the Financial Conglomerates subindustry, IL& FS Investment Managers'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.


IL& FS Investment Managers Cash Conversion Cycle vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, IL& FS Investment Managers's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where IL& FS Investment Managers's Cash Conversion Cycle falls into.


NSE:IVC
63GF Score
IL& FS Investment Managers Ltd NSE:IVC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IL& FS Investment Managers 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.

IL& FS Investment Managers's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=211.14+0-276.59
=-65.45

IL& FS Investment Managers's Cash Conversion Cycle for the quarter that ended in Sep. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=191.25+0-279.94
=-88.69

* 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 -88.69 mean?
IL& FS Investment Managers (NSE:IVC) has a Cash Conversion Cycle of -88.69 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on IL& FS Investment Managers and its competitors.
Is IL& FS Investment Managers' Cash Conversion Cycle too high?
IL& FS Investment Managers' current Cash Conversion Cycle is -88.69. Overall, IL& FS Investment Managers has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IL& FS Investment Managers' Cash Conversion Cycle compare to VOYA and FRHC?
IL& FS Investment Managers' Cash Conversion Cycle of -88.69 can be compared against companies in the Diversified Financial Services industry. The industry median Cash Conversion Cycle is 3.25. 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 Diversified Financial Services company?
The median Cash Conversion Cycle among Diversified Financial Services companies is 3.25, based on 92 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 IL& FS Investment Managers and its competitors. For the Diversified Financial Services industry, the median Cash Conversion Cycle is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IL& FS Investment Managers's current Cash Conversion Cycle is -88.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IL& FS Investment Managers stock overvalued right now?
Based on GuruFocus' analysis, IL& FS Investment Managers (NSE:IVC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.74, compared to a current price of ₹8.09 — trading 40.9% above its estimated fair value. The current Cash Conversion Cycle is -88.69. IL& FS Investment Managers' overall GF Score™ is 63/100 with 5 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 IL& FS Investment Managers (NSE:IVC), the current Cash Conversion Cycle is -88.69 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 IL& FS Investment Managers (NSE:IVC) Overvalued in 2026?

Based on GuruFocus' analysis, IL& FS Investment Managers stock appears to be overvalued. The current stock price of ₹8.09 is trading 40.9% above its estimated GF Value™ of ₹5.74. GuruFocus considers IL& FS Investment Managers to be Significantly Overvalued.

Key valuation signals for NSE:IVC:

  • Cash Conversion Cycle: -88.69
  • GF Value™: ₹5.74 vs. price of ₹8.09 (40.9% above fair value)
  • GF Score™: 63/100 with 5 warning signs

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


IL& FS Investment Managers Business Description

Other Exchanges 511208:India
Address The IL&FS Financial Centre, 1st Floor, Plot No. C-22, G Block, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
IL& FS Investment Managers Ltd is a company operating in the financial sector. It operates in one business segment fund management and related services. It has also established investment banking, project finance, project development, management and implementation, merchant banking, infrastructure financing, and corporate advisory capabilities.
63GF Score

Get the complete analysis for NSE:IVC

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

₹8.09
Price
₹5.74
GF Value