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Moxsh Overseas Educon (NSE:MOXSH) Cash Conversion Cycle : 174.17 (As of Sep. 2023)


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What is Moxsh Overseas Educon Cash Conversion Cycle?

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

Moxsh Overseas Educon's Days Sales Outstanding for the six months ended in Sep. 2023 was 183.18.
Moxsh Overseas Educon's Days Inventory for the six months ended in Sep. 2023 was 9.85.
Moxsh Overseas Educon's Days Payable for the six months ended in Sep. 2023 was 18.86.
Therefore, Moxsh Overseas Educon's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 174.17.


Moxsh Overseas Educon Cash Conversion Cycle Historical Data

The historical data trend for Moxsh Overseas Educon'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.

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Moxsh Overseas Educon Cash Conversion Cycle Chart

Moxsh Overseas Educon Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
-22.47 -141.46 -0.19 109.95

Moxsh Overseas Educon Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial - - 43.50 137.08 174.17

Competitive Comparison of Moxsh Overseas Educon's Cash Conversion Cycle

For the Education & Training Services subindustry, Moxsh Overseas Educon'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.


Moxsh Overseas Educon's Cash Conversion Cycle Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Moxsh Overseas Educon's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Moxsh Overseas Educon's Cash Conversion Cycle falls into.



Moxsh Overseas Educon 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.

Moxsh Overseas Educon'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
=135.33+19.99-45.37
=109.95

Moxsh Overseas Educon's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=183.18+9.85-18.86
=174.17

* 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.


Moxsh Overseas Educon  (NSE:MOXSH) 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.


Moxsh Overseas Educon Cash Conversion Cycle Related Terms

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Moxsh Overseas Educon (NSE:MOXSH) Business Description

Traded in Other Exchanges
N/A
Address
Hasumal Tandel Marg, 159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai, MH, IND, 400025
Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.

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