NINtec Systems (NSE:NINSYS) Cash Conversion Cycle: 6.02 (As of Mar. 2026)

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NSE:NINSYS NINtec Systems Ltd NSE:NINSYS
91 GF Score
Price ₹893.60
GF Value ₹856.05
Valuation Fairly Valued
! 8 Warning Signs
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What is NINtec Systems Cash Conversion Cycle?

NINtec Systems NSE:NINSYS +0.01% 91 Cash Conversion Cycle is 6.02 as of Mar. 2026. GuruFocus rates NSE:NINSYS with a GF Score™ of 91/100 and a GF Value™ of ₹856.05 (Fairly Valued). The stock has 8 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.

NINtec Systems's Days Sales Outstanding for the three months ended in Mar. 2026 was 96.71.
NINtec Systems's Days Inventory for the three months ended in Mar. 2026 was 0.
NINtec Systems's Days Payable for the three months ended in Mar. 2026 was 90.69.
Therefore, NINtec Systems's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 6.02.


NINtec Systems  (NSE:NINSYS) 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.


NINtec Systems Cash Conversion Cycle Related Terms


NINtec Systems Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for NINtec Systems'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.

NINtec Systems Cash Conversion Cycle Chart

NINtec Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 12.41 6.39 -0.54 -2.05

NINtec Systems Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -7.20 -10.65 -5.90 -9.50 6.02

NSE:NINSYS vs IBM, ACN, FISV: Cash Conversion Cycle Comparison

For the Information Technology Services subindustry, NINtec Systems'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.


NINtec Systems Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, NINtec Systems's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where NINtec Systems's Cash Conversion Cycle falls into.


NSE:NINSYS
91GF Score
NINtec Systems Ltd NSE:NINSYS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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NINtec Systems 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.

NINtec Systems's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=105.26+0-107.31
=-2.05

NINtec Systems's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=96.71+0-90.69
=6.02

* 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 6.02 mean?
NINtec Systems (NSE:NINSYS) has a Cash Conversion Cycle of 6.02 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on NINtec Systems and its competitors.
Is NINtec Systems' Cash Conversion Cycle too high?
NINtec Systems' current Cash Conversion Cycle is 6.02. The Software industry median Cash Conversion Cycle is 32.17. NINtec Systems' value of 6.02 is 81.3% below this industry median. Overall, NINtec Systems has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NINtec Systems' Cash Conversion Cycle compare to IBM and ACN?
NINtec Systems' Cash Conversion Cycle of 6.02 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.17. NINtec Systems' value of 6.02 is 81.3% below 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.17, based on 2,805 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. NINtec Systems's current Cash Conversion Cycle of 6.02 is 81.3% below 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 NINtec Systems and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NINtec Systems's current Cash Conversion Cycle is 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NINtec Systems stock overvalued right now?
Based on GuruFocus' analysis, NINtec Systems (NSE:NINSYS) is currently considered Fairly Valued. The stock's GF Value™ is ₹856.05, compared to a current price of ₹893.60 — trading 4.4% above its estimated fair value. The current Cash Conversion Cycle is 6.02 and 81.3% below the Software industry median of 32.17. NINtec Systems' overall GF Score™ is 91/100 with 8 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 NINtec Systems (NSE:NINSYS), the current Cash Conversion Cycle is 6.02 as of Mar. 2026. 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 NINtec Systems (NSE:NINSYS) Overvalued in 2026?

Based on GuruFocus' analysis, NINtec Systems stock appears to be overvalued. The current stock price of ₹893.60 is trading 4.4% above its estimated GF Value™ of ₹856.05. GuruFocus considers NINtec Systems to be Fairly Valued.

Key valuation signals for NSE:NINSYS:

  • Cash Conversion Cycle: 6.02
  • GF Value™: ₹856.05 vs. price of ₹893.60 (4.4% above fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 81.3% below the Software median

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


NINtec Systems Business Description

Other Exchanges 539843:India
Address S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
NINtec Systems Ltd provides comprehensive software services and solutions, including business analytics, cloud services, application engineering, testing services, and artificial intelligence and machine learning. The company specializes in offshore software product development, application development and maintenance, software migration, multimedia and web design, digitization of engineering drawings, and search engine optimization. Serving diverse industries such as Healthcare & Lifesciences, Manufacturing, Automotive, Print Media & Publishing, BFSI, and Transportation & Logistics, NSL delivers strategic offshore outsourcing advantages to international customers by enhancing efficiency, reducing costs, and accelerating innovation.
91GF Score

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

₹893.60
Price
₹856.05
GF Value