Maks Energy Solutions India (NSE:MAKS) Cash Conversion Cycle: 196.96 (As of Sep. 2025)


NSE:MAKS Maks Energy Solutions India Ltd NSE:MAKS
61 GF Score
Price ₹21.85
GF Value ₹53.52
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Maks Energy Solutions India Cash Conversion Cycle?

Maks Energy Solutions India NSE:MAKS 61 Cash Conversion Cycle is 196.96 as of Sep. 2025. GuruFocus rates NSE:MAKS with a GF Score™ of 61/100 and a GF Value™ of ₹53.52 (Significantly Undervalued). 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.

Maks Energy Solutions India's Days Sales Outstanding for the six months ended in Sep. 2025 was 133.44.
Maks Energy Solutions India's Days Inventory for the six months ended in Sep. 2025 was 76.09.
Maks Energy Solutions India's Days Payable for the six months ended in Sep. 2025 was 12.57.
Therefore, Maks Energy Solutions India's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2025 was 196.96.


Maks Energy Solutions India  (NSE:MAKS) 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.


Maks Energy Solutions India Cash Conversion Cycle Related Terms


Maks Energy Solutions India Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Maks Energy Solutions India'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.

Maks Energy Solutions India Cash Conversion Cycle Chart

Maks Energy Solutions India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
Get a 7-Day Free Trial 484.81 406.83 221.28 142.55 150.81

Maks Energy Solutions India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.49 132.34 139.31 151.17 196.96

NSE:MAKS vs GEV, ETN, PH: Cash Conversion Cycle Comparison

For the Specialty Industrial Machinery subindustry, Maks Energy Solutions India'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.


Maks Energy Solutions India Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Maks Energy Solutions India's Cash Conversion Cycle distribution charts can be found below:

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


NSE:MAKS
61GF Score
Maks Energy Solutions India Ltd NSE:MAKS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Maks Energy Solutions India 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.

Maks Energy Solutions India's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=92.83+64.81-6.83
=150.81

Maks Energy Solutions India's Cash Conversion Cycle for the quarter that ended in Sep. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=133.44+76.09-12.57
=196.96

* 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 196.96 mean?
Maks Energy Solutions India (NSE:MAKS) has a Cash Conversion Cycle of 196.96 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Maks Energy Solutions India and its competitors.
Is Maks Energy Solutions India's Cash Conversion Cycle too high?
Maks Energy Solutions India's current Cash Conversion Cycle is 196.96. The Industrial Products industry median Cash Conversion Cycle is 122.39. Maks Energy Solutions India's value of 196.96 is 60.9% above this industry median. Overall, Maks Energy Solutions India has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maks Energy Solutions India's Cash Conversion Cycle compare to GEV and ETN?
Maks Energy Solutions India's Cash Conversion Cycle of 196.96 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.39. Maks Energy Solutions India's value of 196.96 is 60.9% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.39, based on 3,028 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. Maks Energy Solutions India's current Cash Conversion Cycle of 196.96 is 60.9% 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 Maks Energy Solutions India and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maks Energy Solutions India's current Cash Conversion Cycle is 196.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maks Energy Solutions India stock overvalued right now?
Based on GuruFocus' analysis, Maks Energy Solutions India (NSE:MAKS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹53.52, compared to a current price of ₹21.85 — trading 59.2% below its estimated fair value. The current Cash Conversion Cycle is 196.96 and 60.9% above the Industrial Products industry median of 122.39. Maks Energy Solutions India's overall GF Score™ is 61/100 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 Maks Energy Solutions India (NSE:MAKS), the current Cash Conversion Cycle is 196.96 as of Sep. 2025. 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 Maks Energy Solutions India (NSE:MAKS) Overvalued in 2026?

Based on GuruFocus' analysis, Maks Energy Solutions India stock appears to be undervalued. The current stock price of ₹21.85 is trading 59.2% below its estimated GF Value™ of ₹53.52. GuruFocus considers Maks Energy Solutions India to be Significantly Undervalued.

Key valuation signals for NSE:MAKS:

  • Cash Conversion Cycle: 196.96
  • GF Value™: ₹53.52 vs. price of ₹21.85 (59.2% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 60.9% above the Industrial Products median

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


Maks Energy Solutions India Business Description

Address Shubham Society, Showroom-1, 599/600 Rasta Peth, Near- Parsi Agyari, Pune, MH, IND, 411011
Maks Energy Solutions India Ltd is engaged in manufacturing, supplying, installing, sales, service, hiring, and commissioning of diesel generator sets and earth moving equipment. The company is also an authorized distributor of Tata spare parts and operates through two main segments: trading in spare parts and other products, and comprehensive lifecycle management of DG sets and earth moving equipment spares. Serving diverse industrial and corporate sectors, it has a domestic presence and an international dealer network across Europe, Latin America, the USA, Southeast Asia, the Middle East, and Africa. The company distributes trusted brands like Cummins, Perkins, and Tata Motors.
61GF Score

Get the complete analysis for NSE:MAKS

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

₹21.85
Price
₹53.52
GF Value