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Orissa Bengal Carrier (NSE:OBCL) Cash Conversion Cycle : 74.96 (As of Dec. 2024)


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What is Orissa Bengal Carrier Cash Conversion Cycle?

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

Orissa Bengal Carrier's Days Sales Outstanding for the three months ended in Dec. 2024 was 86.69.
Orissa Bengal Carrier's Days Inventory for the three months ended in Dec. 2024 was 0.
Orissa Bengal Carrier's Days Payable for the three months ended in Dec. 2024 was 11.73.
Therefore, Orissa Bengal Carrier's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 74.96.


Orissa Bengal Carrier Cash Conversion Cycle Historical Data

The historical data trend for Orissa Bengal Carrier'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.

Orissa Bengal Carrier Cash Conversion Cycle Chart

Orissa Bengal Carrier 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 67.52 83.97 79.10 54.07 65.77

Orissa Bengal Carrier Quarterly Data
Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 75.01 80.71 76.49 87.06 74.96

Competitive Comparison of Orissa Bengal Carrier's Cash Conversion Cycle

For the Trucking subindustry, Orissa Bengal Carrier'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.


Orissa Bengal Carrier's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Orissa Bengal Carrier's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Orissa Bengal Carrier's Cash Conversion Cycle falls into.


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Orissa Bengal Carrier 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.

Orissa Bengal Carrier'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
=74.38+0-8.61
=65.77

Orissa Bengal Carrier's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=86.69+0-11.73
=74.96

* 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.


Orissa Bengal Carrier  (NSE:OBCL) 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.


Orissa Bengal Carrier Cash Conversion Cycle Related Terms

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Orissa Bengal Carrier Business Description

Traded in Other Exchanges
Address
Vidhan Sabha Road, A-1, 3rd Floor, C.G. Elite Complex, Opposite Mandi Gate, Pandri, Raipur, CT, IND, 492001
Orissa Bengal Carrier Ltd is engaged in the Transportation and Logistics Business. It offers shipments for local, regional, and nationwide cargoes. Its services include customized or specialized fleets for meeting specific requirements of clients. It serves a broad range of industries, including steel, coal, aluminum, cement, petrochemicals, paper, marble, tiles, infra, and textiles. The company's main business activity is in full truck load transport service, which transports consignments by road all over India.

Orissa Bengal Carrier Headlines

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