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Krishival Foods (NSE:KRISHIVAL) Cash Conversion Cycle : 186.13 (As of Sep. 2023)


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What is Krishival Foods Cash Conversion Cycle?

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

Krishival Foods's Days Sales Outstanding for the six months ended in Sep. 2023 was 28.14.
Krishival Foods's Days Inventory for the six months ended in Sep. 2023 was 165.42.
Krishival Foods's Days Payable for the six months ended in Sep. 2023 was 7.43.
Therefore, Krishival Foods's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 186.13.


Krishival Foods Cash Conversion Cycle Historical Data

The historical data trend for Krishival Foods'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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Krishival Foods Cash Conversion Cycle Chart

Krishival Foods Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
62.69 90.36 143.43 86.61 141.59

Krishival Foods Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial 85.42 87.32 259.19 167.60 186.13

Competitive Comparison of Krishival Foods's Cash Conversion Cycle

For the Packaged Foods subindustry, Krishival Foods'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.


Krishival Foods's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Krishival Foods's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Krishival Foods's Cash Conversion Cycle falls into.



Krishival Foods 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.

Krishival Foods'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
=12.32+135.63-6.36
=141.59

Krishival Foods's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=28.14+165.42-7.43
=186.13

* 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.


Krishival Foods  (NSE:KRISHIVAL) 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.


Krishival Foods Cash Conversion Cycle Related Terms

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Krishival Foods (NSE:KRISHIVAL) Business Description

Traded in Other Exchanges
N/A
Address
Saki Vihar Road, 1309, Lodha Supremus Powai, Opposite MTNL Office, Mumbai, MH, IND, 400072
Krishival Foods Ltd is engaged in processing raw cashew nuts into finished cashew kernels in different flavors. It primarily caters to the domestic market with a network of more than thirty distributors across India. In addition to processing raw cashews, we are also engaged in the business of organic manure which is prepared by using by-products like husk and other biodegradable material left after the processing of the raw cashews.

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