Marshall Machines (NSE:MARSHALL) Cash Conversion Cycle: 547.28 (As of Mar. 2024)

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NSE:MARSHALL Marshall Machines Ltd NSE:MARSHALL
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What is Marshall Machines Cash Conversion Cycle?

Marshall Machines NSE:MARSHALL 4 Cash Conversion Cycle is 547.28 as of Mar. 2024. GuruFocus rates NSE:MARSHALL with a GF Score™ of 4/100.

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

Marshall Machines's Days Sales Outstanding for the six months ended in Mar. 2024 was 409.42.
Marshall Machines's Days Inventory for the six months ended in Mar. 2024 was 783.9.
Marshall Machines's Days Payable for the six months ended in Mar. 2024 was 646.04.
Therefore, Marshall Machines's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 547.28.


Marshall Machines  (NSE:MARSHALL) 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.


Marshall Machines Cash Conversion Cycle Related Terms


Marshall Machines Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Marshall Machines'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.

Marshall Machines Cash Conversion Cycle Chart

Marshall Machines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 369.84 272.51 338.09 494.79 619.60

Marshall Machines Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 297.39 647.99 408.39 659.80 547.28

NSE:MARSHALL vs ETN, PH, ITW: Cash Conversion Cycle Comparison

For the Specialty Industrial Machinery subindustry, Marshall Machines'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.


Marshall Machines Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marshall Machines's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Marshall Machines's Cash Conversion Cycle falls into.


NSE:MARSHALL
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Marshall Machines Ltd NSE:MARSHALL
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Marshall Machines 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.

Marshall Machines's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=415.62+892.47-688.49
=619.60

Marshall Machines's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=409.42+783.9-646.04
=547.28

* 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 547.28 mean?
Marshall Machines (NSE:MARSHALL) has a Cash Conversion Cycle of 547.28 as of Mar. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Marshall Machines and its competitors.
Is Marshall Machines' Cash Conversion Cycle too high?
Marshall Machines' current Cash Conversion Cycle is 547.28. The Industrial Products industry median Cash Conversion Cycle is 122.29. Marshall Machines' value of 547.28 is 347.5% above this industry median. Overall, Marshall Machines has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Marshall Machines' Cash Conversion Cycle compare to ETN and PH?
Marshall Machines' Cash Conversion Cycle of 547.28 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Marshall Machines' value of 547.28 is 347.5% 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 122.29, based on 3,032 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. Marshall Machines's current Cash Conversion Cycle of 547.28 is 347.5% 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 Marshall Machines and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marshall Machines's current Cash Conversion Cycle is 547.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshall Machines stock overvalued right now?
Marshall Machines (NSE:MARSHALL) has a current Cash Conversion Cycle of 547.28. The current Cash Conversion Cycle is 547.28 and 347.5% above the Industrial Products industry median of 122.29. Marshall Machines' overall GF Score™ is 4/100. 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 Marshall Machines (NSE:MARSHALL), the current Cash Conversion Cycle is 547.28 as of Mar. 2024. 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.

Marshall Machines Business Description

Address C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010
Marshall Machines Ltd is an India based company is engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including wide range of single spindle, patented double and four spindle CNC machines, automated robotic solutions and patent pending IoTQ suite of intelligent equipment. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.
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