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.
Kavveri Defence & Wireless Technologies Cash Conversion Cycle Related Terms
Kavveri Defence & Wireless Technologies Cash Conversion Cycle Historical Data
* 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:KAVDEFENCE vs CSCO, CIEN, MSI: Cash Conversion Cycle Comparison
For the Communication Equipment subindustry, Kavveri Defence & Wireless Technologies'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.
Kavveri Defence & Wireless Technologies Cash Conversion Cycle vs Hardware Industry
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.
* 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.
Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) has a Cash Conversion Cycle of 755.83 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Kavveri Defence & Wireless Technologies and its competitors.
Is Kavveri Defence & Wireless Technologies' Cash Conversion Cycle too high?
Kavveri Defence & Wireless Technologies' current Cash Conversion Cycle is 755.83. The Hardware industry median Cash Conversion Cycle is 98.93. Kavveri Defence & Wireless Technologies' value of 755.83 is 664% above this industry median. Overall, Kavveri Defence & Wireless Technologies has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kavveri Defence & Wireless Technologies' Cash Conversion Cycle compare to CSCO and CIEN?
Kavveri Defence & Wireless Technologies' Cash Conversion Cycle of 755.83 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.93. Kavveri Defence & Wireless Technologies' value of 755.83 is 664% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.93, based on 2,473 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. Kavveri Defence & Wireless Technologies's current Cash Conversion Cycle of 755.83 is 664% 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 Kavveri Defence & Wireless Technologies and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kavveri Defence & Wireless Technologies's current Cash Conversion Cycle is 755.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kavveri Defence & Wireless Technologies stock overvalued right now?
Based on GuruFocus' analysis, Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹16.86, compared to a current price of ₹63.60 — trading 277.2% above its estimated fair value. The current Cash Conversion Cycle is 755.83 and 664% above the Hardware industry median of 98.93. Kavveri Defence & Wireless Technologies' overall GF Score™ is 58/100 with 4 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 Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE), the current Cash Conversion Cycle is 755.83 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 Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) Overvalued in 2026?
Based on GuruFocus' analysis, Kavveri Defence & Wireless Technologies stock appears to be overvalued.
The current stock price of ₹63.60 is trading 277.2% above its estimated GF Value™ of ₹16.86.
GuruFocus considers Kavveri Defence & Wireless Technologies to be Significantly Overvalued.
Key valuation signals for NSE:KAVDEFENCE:
Cash Conversion Cycle: 755.83
GF Value™: ₹16.86 vs. price of ₹63.60 (277.2% above fair value)
No single metric tells the full story. See the NSE:KAVDEFENCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kavveri Defence & Wireless Technologies Business Description
Kavveri Defence & Wireless Technologies Ltd formerly Kavveri Telecom Products Ltd is engaged in the manufacture of telecom subsystems hardware equipment and solutions for the Telecom, Defence, and Space segments. It designs, develops, tests, and manufactures a range of wireless telecom products, from concept to deployment. also provides total turnkey solutions for coverage and capacity enhancement requirements for GSM 3G and CDMA carriers in India. The product portfolio includes Antennas, RF Components, Cables and Connectors, Repeaters, TMA/TMB and energy-conserving solar products.
58GF Score
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