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Newmalayalam Steel's Days Sales Outstanding for the
six
months ended in Mar. 2025 was 25.41.
Newmalayalam Steel's Days Inventory for the
six
months ended in Mar. 2025 was 54.66.
Newmalayalam Steel's Days Payable for the
six
months ended in Mar. 2025 was 20.13.
Therefore, Newmalayalam Steel's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2025 was 59.94.
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.
Newmalayalam Steel Cash Conversion Cycle Related Terms
Newmalayalam Steel Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Newmalayalam Steel'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.
Newmalayalam Steel Cash Conversion Cycle Chart
Newmalayalam Steel Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Cash Conversion Cycle
51.31
39.00
56.15
64.26
Newmalayalam Steel Semi-Annual Data
Mar22
Mar23
Mar24
Sep24
Mar25
Cash Conversion Cycle
0.00
0.00
0.00
58.99
59.94
NSE:NMSTEEL vs NUE, STLD, RS: Cash Conversion Cycle Comparison
For the Steel subindustry, Newmalayalam Steel'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.
Newmalayalam Steel Cash Conversion Cycle vs Steel Industry
For the Steel industry and Basic Materials sector, Newmalayalam Steel's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Newmalayalam Steel's Cash Conversion Cycle falls into.
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.
Newmalayalam Steel's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as
* 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.
Newmalayalam Steel (NSE:NMSTEEL) has a Cash Conversion Cycle of 59.94 as of Mar. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Newmalayalam Steel and its competitors.
Is Newmalayalam Steel's Cash Conversion Cycle too high?
Newmalayalam Steel's current Cash Conversion Cycle is 59.94. The Steel industry median Cash Conversion Cycle is 94.14. Newmalayalam Steel's value of 59.94 is 36.3% below this industry median. Overall, Newmalayalam Steel has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Newmalayalam Steel's Cash Conversion Cycle compare to NUE and STLD?
Newmalayalam Steel's Cash Conversion Cycle of 59.94 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.14. Newmalayalam Steel's value of 59.94 is 36.3% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 94.14, based on 611 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. Newmalayalam Steel's current Cash Conversion Cycle of 59.94 is 36.3% 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 Newmalayalam Steel and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newmalayalam Steel's current Cash Conversion Cycle is 59.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmalayalam Steel stock overvalued right now?
Newmalayalam Steel (NSE:NMSTEEL) has a current Cash Conversion Cycle of 59.94. The current Cash Conversion Cycle is 59.94 and 36.3% below the Steel industry median of 94.14. Newmalayalam Steel's overall GF Score™ is 13/100. 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 Newmalayalam Steel (NSE:NMSTEEL), the current Cash Conversion Cycle is 59.94 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.
Newmalayalam Steel Ltd is engaged in the manufacturing of galvanized pipes, tubes, and sheets. The Galvanized pipes and tubes are used for building roofs to reduce heat and avoid leakage, further, the galvanization process offers an added advantage of increasing the life of the product and enhancing its quality by making it rust-free. Its products are therefore manufactured to provide an effective solution to the continuous damage caused to houses in Kerala on account of inclement weather conditions.
13GF Score
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