Lenskart Solutions (NSE:LENSKART) Cash Conversion Cycle: 16.47 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:LENSKART Lenskart Solutions Ltd NSE:LENSKART
11 GF Score
Price ₹544.35
! 3 Warning Signs
View Full Analysis

What is Lenskart Solutions Cash Conversion Cycle?

Lenskart Solutions NSE:LENSKART +1.20% 11 Cash Conversion Cycle is 16.47 as of Mar. 2026. GuruFocus rates NSE:LENSKART with a GF Score™ of 11/100. The stock has 3 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.

Lenskart Solutions's Days Sales Outstanding for the three months ended in Mar. 2026 was 6.34.
Lenskart Solutions's Days Inventory for the three months ended in Mar. 2026 was 123.78.
Lenskart Solutions's Days Payable for the three months ended in Mar. 2026 was 113.65.
Therefore, Lenskart Solutions's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 16.47.


Lenskart Solutions  (NSE:LENSKART) 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.


Lenskart Solutions Cash Conversion Cycle Related Terms


Lenskart Solutions Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Lenskart Solutions'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.

Lenskart Solutions Cash Conversion Cycle Chart

Lenskart Solutions Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
65.89 67.36 67.03 33.21

Lenskart Solutions Quarterly Data
Mar23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial 0.00 58.72 52.93 48.17 16.47

NSE:LENSKART vs ISRG, BDX, MDLN: Cash Conversion Cycle Comparison

For the Medical Instruments & Supplies subindustry, Lenskart Solutions'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.


Lenskart Solutions Cash Conversion Cycle vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lenskart Solutions's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Lenskart Solutions's Cash Conversion Cycle falls into.


NSE:LENSKART
11GF Score
Lenskart Solutions Ltd NSE:LENSKART
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lenskart Solutions 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.

Lenskart Solutions's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=6.42+143.15-116.36
=33.21

Lenskart Solutions's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=6.34+123.78-113.65
=16.47

* 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 16.47 mean?
Lenskart Solutions (NSE:LENSKART) has a Cash Conversion Cycle of 16.47 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Lenskart Solutions and its competitors.
Is Lenskart Solutions' Cash Conversion Cycle too high?
Lenskart Solutions' current Cash Conversion Cycle is 16.47. The Medical Devices & Instruments industry median Cash Conversion Cycle is 158.14. Lenskart Solutions' value of 16.47 is 89.6% below this industry median. Overall, Lenskart Solutions has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Lenskart Solutions' Cash Conversion Cycle compare to ISRG and BDX?
Lenskart Solutions' Cash Conversion Cycle of 16.47 can be compared against companies in the Medical Devices & Instruments industry. The industry median Cash Conversion Cycle is 158.14. Lenskart Solutions' value of 16.47 is 89.6% below 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 Medical Devices & Instruments company?
The median Cash Conversion Cycle among Medical Devices & Instruments companies is 158.14, based on 817 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. Lenskart Solutions's current Cash Conversion Cycle of 16.47 is 89.6% below 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 Lenskart Solutions and its competitors. For the Medical Devices & Instruments industry, the median Cash Conversion Cycle is 158.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lenskart Solutions's current Cash Conversion Cycle is 16.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenskart Solutions stock overvalued right now?
Lenskart Solutions (NSE:LENSKART) has a current Cash Conversion Cycle of 16.47. The current Cash Conversion Cycle is 16.47 and 89.6% below the Medical Devices & Instruments industry median of 158.14. Lenskart Solutions' overall GF Score™ is 11/100 with 3 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 Lenskart Solutions (NSE:LENSKART), the current Cash Conversion Cycle is 16.47 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.

Lenskart Solutions Business Description

Other Exchanges 544600:India
Address Golf Course Road, Ground Floor, Vipul Tech Square, Sector- 43, Gurugram, HR, IND, 122009
Lenskart Solutions Ltd is a technology-driven eyewear company, with a belief that clear vision is fundamental to personal development and well-being. It sells a range of eyewear products including prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories.
11GF Score

Get the complete analysis for NSE:LENSKART

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

₹544.35
Price