Mangalam Alloys (NSE:MAL) Cash Conversion Cycle: 147.83 (As of Mar. 2025)


NSE:MAL Mangalam Alloys Ltd NSE:MAL
38 GF Score
Price ₹37.85
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What is Mangalam Alloys Cash Conversion Cycle?

Mangalam Alloys NSE:MAL +4.41% 38 Cash Conversion Cycle is 147.83 as of Mar. 2025. GuruFocus rates NSE:MAL with a GF Score™ of 38/100.

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

Mangalam Alloys's Days Sales Outstanding for the six months ended in Mar. 2025 was 97.64.
Mangalam Alloys's Days Inventory for the six months ended in Mar. 2025 was 162.89.
Mangalam Alloys's Days Payable for the six months ended in Mar. 2025 was 112.7.
Therefore, Mangalam Alloys's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2025 was 147.83.


Mangalam Alloys  (NSE:MAL) 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.


Mangalam Alloys Cash Conversion Cycle Related Terms


Mangalam Alloys Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Mangalam Alloys'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.

Mangalam Alloys Cash Conversion Cycle Chart

Mangalam Alloys Annual Data
Trend Mar16 Mar17 Mar18 Mar23 Mar24 Mar25
Cash Conversion Cycle
Get a 7-Day Free Trial 128.19 86.49 136.33 180.03 147.85

Mangalam Alloys Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar23 Sep23 Mar24 Sep24 Mar25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 0.00 203.36 162.38 155.01 147.83

NSE:MAL vs NUE, STLD, RS: Cash Conversion Cycle Comparison

For the Steel subindustry, Mangalam Alloys'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.


Mangalam Alloys Cash Conversion Cycle vs Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Alloys's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mangalam Alloys's Cash Conversion Cycle falls into.


NSE:MAL
38GF Score
Mangalam Alloys Ltd NSE:MAL
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Alloys 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.

Mangalam Alloys'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
=85.12+173.39-110.66
=147.85

Mangalam Alloys's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=97.64+162.89-112.7
=147.83

* 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 147.83 mean?
Mangalam Alloys (NSE:MAL) has a Cash Conversion Cycle of 147.83 as of Mar. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Mangalam Alloys and its competitors.
Is Mangalam Alloys' Cash Conversion Cycle too high?
Mangalam Alloys' current Cash Conversion Cycle is 147.83. The Steel industry median Cash Conversion Cycle is 94.50. Mangalam Alloys' value of 147.83 is 56.4% above this industry median. Overall, Mangalam Alloys has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Alloys' Cash Conversion Cycle compare to NUE and STLD?
Mangalam Alloys' Cash Conversion Cycle of 147.83 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.50. Mangalam Alloys' value of 147.83 is 56.4% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 94.50, based on 610 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. Mangalam Alloys's current Cash Conversion Cycle of 147.83 is 56.4% 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 Mangalam Alloys and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Alloys's current Cash Conversion Cycle is 147.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Alloys stock overvalued right now?
Mangalam Alloys (NSE:MAL) has a current Cash Conversion Cycle of 147.83. The current Cash Conversion Cycle is 147.83 and 56.4% above the Steel industry median of 94.50. Mangalam Alloys' overall GF Score™ is 38/100. 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 Mangalam Alloys (NSE:MAL), the current Cash Conversion Cycle is 147.83 as of Mar. 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.

Mangalam Alloys Business Description

Address GIDC Phase 3, Plot No. 3123-3126, Chattral, Gandhinagar, GJ, IND, 382729
Mangalam Alloys Ltd is engaged in the manufacturing and distribution of high-quality stainless steel products. It is a stainless steel melting unit. Its products include forging ingots, billets, black round bars, bright round bars, hexagonal and square bars, SS RCS, angle bars, fasteners, and others. It operates in one segment, stainless steel products.
38GF Score

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

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