Paragon Fine and Speciality Chemical (NSE:PARAGON) Cash Conversion Cycle: 178.83 (As of Mar. 2026)

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NSE:PARAGON Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
56 GF Score
Price ₹48.60
GF Value ₹109.84
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Paragon Fine and Speciality Chemical Cash Conversion Cycle?

Paragon Fine and Speciality Chemical NSE:PARAGON -2.61% 56 Cash Conversion Cycle is 178.83 as of Mar. 2026. GuruFocus rates NSE:PARAGON with a GF Score™ of 56/100 and a GF Value™ of ₹109.84 (Significantly Undervalued). The stock has 5 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.

Paragon Fine and Speciality Chemical's Days Sales Outstanding for the six months ended in Mar. 2026 was 84.22.
Paragon Fine and Speciality Chemical's Days Inventory for the six months ended in Mar. 2026 was 123.76.
Paragon Fine and Speciality Chemical's Days Payable for the six months ended in Mar. 2026 was 29.15.
Therefore, Paragon Fine and Speciality Chemical's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 178.83.


Paragon Fine and Speciality Chemical  (NSE:PARAGON) 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.


Paragon Fine and Speciality Chemical Cash Conversion Cycle Related Terms


Paragon Fine and Speciality Chemical Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Paragon Fine and Speciality Chemical'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.

Paragon Fine and Speciality Chemical Cash Conversion Cycle Chart

Paragon Fine and Speciality Chemical Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial 53.79 80.72 127.82 183.81 234.83

Paragon Fine and Speciality Chemical Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial 0.00 180.16 186.67 284.89 178.83

NSE:PARAGON vs LIN, SHW, ECL: Cash Conversion Cycle Comparison

For the Specialty Chemicals subindustry, Paragon Fine and Speciality Chemical'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.


Paragon Fine and Speciality Chemical Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Paragon Fine and Speciality Chemical's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Paragon Fine and Speciality Chemical's Cash Conversion Cycle falls into.


NSE:PARAGON
56GF Score
Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Paragon Fine and Speciality Chemical 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.

Paragon Fine and Speciality Chemical'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
=135.95+137.98-39.1
=234.83

Paragon Fine and Speciality Chemical'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
=84.22+123.76-29.15
=178.83

* 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 178.83 mean?
Paragon Fine and Speciality Chemical (NSE:PARAGON) has a Cash Conversion Cycle of 178.83 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Paragon Fine and Speciality Chemical and its competitors.
Is Paragon Fine and Speciality Chemical's Cash Conversion Cycle too high?
Paragon Fine and Speciality Chemical's current Cash Conversion Cycle is 178.83. The Chemicals industry median Cash Conversion Cycle is 89.35. Paragon Fine and Speciality Chemical's value of 178.83 is 100.2% above this industry median. Overall, Paragon Fine and Speciality Chemical has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paragon Fine and Speciality Chemical's Cash Conversion Cycle compare to LIN and SHW?
Paragon Fine and Speciality Chemical's Cash Conversion Cycle of 178.83 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.35. Paragon Fine and Speciality Chemical's value of 178.83 is 100.2% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.35, based on 1,580 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. Paragon Fine and Speciality Chemical's current Cash Conversion Cycle of 178.83 is 100.2% 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 Paragon Fine and Speciality Chemical and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paragon Fine and Speciality Chemical's current Cash Conversion Cycle is 178.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Fine and Speciality Chemical stock overvalued right now?
Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical (NSE:PARAGON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹109.84, compared to a current price of ₹48.60 — trading 55.8% below its estimated fair value. The current Cash Conversion Cycle is 178.83 and 100.2% above the Chemicals industry median of 89.35. Paragon Fine and Speciality Chemical's overall GF Score™ is 56/100 with 5 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 Paragon Fine and Speciality Chemical (NSE:PARAGON), the current Cash Conversion Cycle is 178.83 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 Paragon Fine and Speciality Chemical (NSE:PARAGON) Overvalued in 2026?

Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical stock appears to be undervalued. The current stock price of ₹48.60 is trading 55.8% below its estimated GF Value™ of ₹109.84. GuruFocus considers Paragon Fine and Speciality Chemical to be Significantly Undervalued.

Key valuation signals for NSE:PARAGON:

  • Cash Conversion Cycle: 178.83
  • GF Value™: ₹109.84 vs. price of ₹48.60 (55.8% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 100.2% above the Chemicals median

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


Paragon Fine and Speciality Chemical Business Description

Address S.G. Highway, 1001/1, Parshwa Tower, Near Pakvan Hotel, Bodakdev, Ahmedabad, GJ, IND, 380054
Paragon Fine and Speciality Chemical Ltd is engaged in the business of custom synthesis and manufacturing of specialty chemical intermediates involving complex and differentiated chemistry. Its diverse types of products find applications across various industries, including pharma, agrochemicals, cosmetics, pigments and dyes.
56GF Score

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

₹48.60
Price
₹109.84
GF Value