Opal Luxury Time Products's Days Sales Outstanding for the
six
months ended in Sep. 2019 was 246.56.
Opal Luxury Time Products's Days Inventory for the
six
months ended in Sep. 2019 was 14.73.
Opal Luxury Time Products's Days Payable for the
six
months ended in Sep. 2019 was 42.81.
Therefore, Opal Luxury Time Products's Cash Conversion Cycle (CCC) for the
six
months ended in Sep. 2019 was 218.48.
Opal Luxury Time Products (NSE:OPAL) 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.
Opal Luxury Time Products Cash Conversion Cycle Related Terms
Opal Luxury Time Products Cash Conversion Cycle Historical Data
* 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.
Opal Luxury Time Products Cash Conversion Cycle Chart
NSE:OPAL vs FBHS, WHR, MHK: Cash Conversion Cycle Comparison
For the Furnishings, Fixtures & Appliances subindustry, Opal Luxury Time Products'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.
Opal Luxury Time Products Cash Conversion Cycle vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opal Luxury Time Products's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Opal Luxury Time Products's Cash Conversion Cycle falls into.
Opal Luxury Time Products 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.
Opal Luxury Time Products's Cash Conversion Cycle for the fiscal year that ended in Mar. 2018 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.
Opal Luxury Time Products (NSE:OPAL) has a Cash Conversion Cycle of 218.48 as of Sep. 2019. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' Cash Conversion Cycle too high?
Opal Luxury Time Products' current Cash Conversion Cycle is 218.48. The Furnishings, Fixtures & Appliances industry median Cash Conversion Cycle is 85.06. Opal Luxury Time Products' value of 218.48 is 156.9% above this industry median.
How does Opal Luxury Time Products' Cash Conversion Cycle compare to FBHS and WHR?
Opal Luxury Time Products' Cash Conversion Cycle of 218.48 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cash Conversion Cycle is 85.06. Opal Luxury Time Products' value of 218.48 is 156.9% above 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 Furnishings, Fixtures & Appliances company?
The median Cash Conversion Cycle among Furnishings, Fixtures & Appliances companies is 85.06, based on 431 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. Opal Luxury Time Products's current Cash Conversion Cycle of 218.48 is 156.9% above 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 Opal Luxury Time Products and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Conversion Cycle is 85.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opal Luxury Time Products's current Cash Conversion Cycle is 218.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Cash Conversion Cycle of 218.48. The current Cash Conversion Cycle is 218.48 and 156.9% above the Furnishings, Fixtures & Appliances industry median of 85.06. 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 Opal Luxury Time Products (NSE:OPAL), the current Cash Conversion Cycle is 218.48 as of Sep. 2019. 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.
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.
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