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Jeena Sikho Lifecare (NSE:JSLL) Cash Conversion Cycle : 69.37 (As of Mar. 2022)


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What is Jeena Sikho Lifecare Cash Conversion Cycle?

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

Jeena Sikho Lifecare's Days Sales Outstanding for the six months ended in Mar. 2022 was 15.46.
Jeena Sikho Lifecare's Days Inventory for the six months ended in Mar. 2022 was 146.66.
Jeena Sikho Lifecare's Days Payable for the six months ended in Mar. 2022 was 92.75.
Therefore, Jeena Sikho Lifecare's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2022 was 69.37.


Jeena Sikho Lifecare Cash Conversion Cycle Historical Data

The historical data trend for Jeena Sikho Lifecare'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.

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Jeena Sikho Lifecare Cash Conversion Cycle Chart

Jeena Sikho Lifecare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
93.95 162.98 128.15 100.52 25.51

Jeena Sikho Lifecare Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Mar23
Cash Conversion Cycle Get a 7-Day Free Trial - - 109.02 69.37 -

Competitive Comparison of Jeena Sikho Lifecare's Cash Conversion Cycle

For the Medical Care Facilities subindustry, Jeena Sikho Lifecare'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.


Jeena Sikho Lifecare's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Jeena Sikho Lifecare's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Jeena Sikho Lifecare's Cash Conversion Cycle falls into.



Jeena Sikho Lifecare 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.

Jeena Sikho Lifecare's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=27.73+85.87-88.09
=25.51

Jeena Sikho Lifecare's Cash Conversion Cycle for the quarter that ended in Mar. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=15.46+146.66-92.75
=69.37

* 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.


Jeena Sikho Lifecare  (NSE:JSLL) 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.


Jeena Sikho Lifecare Cash Conversion Cycle Related Terms

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Jeena Sikho Lifecare (NSE:JSLL) Business Description

Traded in Other Exchanges
N/A
Address
Kalgidhar Enclave, SCO 11 First Floor, Mohali, Zirakpur, PB, IND, 140604
Jeena Sikho Lifecare Ltd provides ayurvedic healthcare products and services. The company operates only in one business segment which is Trading of Ayurvedic Medicines and providing Ayurvedic therapies. The company engages in conducting health check-up camps, free yoga sessions to make people aware of health problems. It offers a wide range of Ayurvedic products such as Shuddhi 32 Herbs Tea, Shuddhi Addiction Free Kit, Shuddhi BP Package, Shuddhi Diabetes Care Package, and Shuddhi Divya Sanjeevani-Anti-Viral Package.

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