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MEP Infrastructure Developers (NSE:MEP) Cash Conversion Cycle : 108.78 (As of Dec. 2023)


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What is MEP Infrastructure Developers Cash Conversion Cycle?

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

MEP Infrastructure Developers's Days Sales Outstanding for the three months ended in Dec. 2023 was 108.78.
MEP Infrastructure Developers's Days Inventory for the three months ended in Dec. 2023 was 0.
MEP Infrastructure Developers's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, MEP Infrastructure Developers's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 108.78.


MEP Infrastructure Developers Cash Conversion Cycle Historical Data

The historical data trend for MEP Infrastructure Developers'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.

* Premium members only.

MEP Infrastructure Developers Cash Conversion Cycle Chart

MEP Infrastructure Developers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only -175.54 -250.50 -5,155.60 -8,515.12 -160,340.34

MEP Infrastructure Developers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 248.62 175.56 297.69 151.19 108.78

Competitive Comparison of MEP Infrastructure Developers's Cash Conversion Cycle

For the Infrastructure Operations subindustry, MEP Infrastructure Developers'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.


MEP Infrastructure Developers's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, MEP Infrastructure Developers's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where MEP Infrastructure Developers's Cash Conversion Cycle falls into.



MEP Infrastructure Developers 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.

MEP Infrastructure Developers's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=17.22+582.59-160940.15
=-160,340.34

MEP Infrastructure Developers's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=108.78+0-0
=108.78

* 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.


MEP Infrastructure Developers  (NSE:MEP) 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.


MEP Infrastructure Developers Cash Conversion Cycle Related Terms

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MEP Infrastructure Developers (NSE:MEP) Business Description

Traded in Other Exchanges
Address
Hindu Colony, Sir Bhalchandra Road, 2102, Floor-21st, Plot-62, Kesar Equinox, Dadar (East), Mumbai, MH, IND, 400014
MEP Infrastructure Developers Ltd is an India based infrastructure company. It is engaged in the business activities of road construction, operation, maintenance and toll collection. The group operates in the business segments of Toll collection, Operation and Maintenance; and Construction. It generates maximum revenue from Toll collection, and repairs and maintenance segment. The company provides toll management service and assists its clients in addressing the complexities of implementation and operation of toll systems. The organization also helps in the installation of electronic toll and cash collection systems, communication networks, and intelligent transportation systems. The principally operates in India.

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