Madras Fertilizers (NSE:MADRASFERT) Cash Conversion Cycle: 28.52 (As of Mar. 2026)


NSE:MADRASFERT Madras Fertilizers Ltd NSE:MADRASFERT
69 GF Score
Price ₹70.33
GF Value ₹258.57
Valuation Possible Value Trap
! 4 Warning Signs
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What is Madras Fertilizers Cash Conversion Cycle?

Madras Fertilizers NSE:MADRASFERT +2.28% 69 Cash Conversion Cycle is 28.52 as of Mar. 2026. GuruFocus rates NSE:MADRASFERT with a GF Score™ of 69/100 and a GF Value™ of ₹258.57 (Possible Value Trap). The stock has 4 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.

Madras Fertilizers's Days Sales Outstanding for the three months ended in Mar. 2026 was 61.64.
Madras Fertilizers's Days Inventory for the three months ended in Mar. 2026 was 37.02.
Madras Fertilizers's Days Payable for the three months ended in Mar. 2026 was 70.14.
Therefore, Madras Fertilizers's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 28.52.


Madras Fertilizers  (NSE:MADRASFERT) 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.


Madras Fertilizers Cash Conversion Cycle Related Terms


Madras Fertilizers Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Madras Fertilizers'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.

Madras Fertilizers Cash Conversion Cycle Chart

Madras Fertilizers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 669.46 876.11 598.11 17.96 21.99

Madras Fertilizers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.99 6.55 -13.88 -17.28 28.52

NSE:MADRASFERT vs CTVA, CF, MOS: Cash Conversion Cycle Comparison

For the Agricultural Inputs subindustry, Madras Fertilizers'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.


Madras Fertilizers Cash Conversion Cycle vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Madras Fertilizers's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Madras Fertilizers's Cash Conversion Cycle falls into.


NSE:MADRASFERT
69GF Score
Madras Fertilizers Ltd NSE:MADRASFERT
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Madras Fertilizers 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.

Madras Fertilizers'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
=67.85+53.3-99.16
=21.99

Madras Fertilizers'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
=61.64+37.02-70.14
=28.52

* 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 28.52 mean?
Madras Fertilizers (NSE:MADRASFERT) has a Cash Conversion Cycle of 28.52 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Madras Fertilizers and its competitors.
Is Madras Fertilizers' Cash Conversion Cycle too high?
Madras Fertilizers' current Cash Conversion Cycle is 28.52. The Agriculture industry median Cash Conversion Cycle is 99.32. Madras Fertilizers' value of 28.52 is 71.3% below this industry median. Overall, Madras Fertilizers has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madras Fertilizers' Cash Conversion Cycle compare to CTVA and CF?
Madras Fertilizers' Cash Conversion Cycle of 28.52 can be compared against companies in the Agriculture industry. The industry median Cash Conversion Cycle is 99.32. Madras Fertilizers' value of 28.52 is 71.3% 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 an Agriculture company?
The median Cash Conversion Cycle among Agriculture companies is 99.32, based on 250 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. Madras Fertilizers's current Cash Conversion Cycle of 28.52 is 71.3% 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 Madras Fertilizers and its competitors. For the Agriculture industry, the median Cash Conversion Cycle is 99.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madras Fertilizers's current Cash Conversion Cycle is 28.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madras Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Madras Fertilizers (NSE:MADRASFERT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹258.57, compared to a current price of ₹70.33 — trading 72.8% below its estimated fair value. The current Cash Conversion Cycle is 28.52 and 71.3% below the Agriculture industry median of 99.32. Madras Fertilizers' overall GF Score™ is 69/100 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 Madras Fertilizers (NSE:MADRASFERT), the current Cash Conversion Cycle is 28.52 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 Madras Fertilizers (NSE:MADRASFERT) Overvalued in 2026?

Based on GuruFocus' analysis, Madras Fertilizers stock appears to be undervalued. The current stock price of ₹70.33 is trading 72.8% below its estimated GF Value™ of ₹258.57. GuruFocus considers Madras Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:MADRASFERT:

  • Cash Conversion Cycle: 28.52
  • GF Value™: ₹258.57 vs. price of ₹70.33 (72.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 71.3% below the Agriculture median

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


Madras Fertilizers Business Description

Other Exchanges 590134:India
Address Post Bag No. 2, Manali, Chennai, TN, IND, 600068
Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.
69GF Score

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

₹70.33
Price
₹258.57
GF Value