PIX Transmissions (NSE:PIXTRANS) Cash Conversion Cycle: 186.55 (As of Mar. 2026)


NSE:PIXTRANS PIX Transmissions Ltd NSE:PIXTRANS
91 GF Score
Price ₹1,741.00
GF Value ₹1,548.09
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PIX Transmissions Cash Conversion Cycle?

PIX Transmissions NSE:PIXTRANS -0.26% 91 Cash Conversion Cycle is 186.55 as of Mar. 2026. GuruFocus rates NSE:PIXTRANS with a GF Score™ of 91/100 and a GF Value™ of ₹1,548.09 (Modestly Overvalued). The stock has 4 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.

PIX Transmissions's Days Sales Outstanding for the three months ended in Mar. 2026 was 72.17.
PIX Transmissions's Days Inventory for the three months ended in Mar. 2026 was 153.78.
PIX Transmissions's Days Payable for the three months ended in Mar. 2026 was 39.4.
Therefore, PIX Transmissions's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 186.55.


PIX Transmissions  (NSE:PIXTRANS) 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.


PIX Transmissions Cash Conversion Cycle Related Terms


PIX Transmissions Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for PIX Transmissions'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.

PIX Transmissions Cash Conversion Cycle Chart

PIX Transmissions 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 233.58 239.34 220.02 205.80 227.39

PIX Transmissions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 201.84 292.07 242.42 221.92 186.55

NSE:PIXTRANS vs GEV, ETN, PH: Cash Conversion Cycle Comparison

For the Specialty Industrial Machinery subindustry, PIX Transmissions'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.


PIX Transmissions Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PIX Transmissions's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PIX Transmissions's Cash Conversion Cycle falls into.


NSE:PIXTRANS
91GF Score
PIX Transmissions Ltd NSE:PIXTRANS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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PIX Transmissions 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.

PIX Transmissions'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
=81.71+191.87-46.19
=227.39

PIX Transmissions'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
=72.17+153.78-39.4
=186.55

* 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 186.55 mean?
PIX Transmissions (NSE:PIXTRANS) has a Cash Conversion Cycle of 186.55 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PIX Transmissions and its competitors.
Is PIX Transmissions' Cash Conversion Cycle too high?
PIX Transmissions' current Cash Conversion Cycle is 186.55. The Industrial Products industry median Cash Conversion Cycle is 122.39. PIX Transmissions' value of 186.55 is 52.4% above this industry median. Overall, PIX Transmissions has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PIX Transmissions' Cash Conversion Cycle compare to GEV and ETN?
PIX Transmissions' Cash Conversion Cycle of 186.55 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.39. PIX Transmissions' value of 186.55 is 52.4% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.39, based on 3,028 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. PIX Transmissions's current Cash Conversion Cycle of 186.55 is 52.4% 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 PIX Transmissions and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PIX Transmissions's current Cash Conversion Cycle is 186.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIX Transmissions stock overvalued right now?
Based on GuruFocus' analysis, PIX Transmissions (NSE:PIXTRANS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,548.09, compared to a current price of ₹1,741.00 — trading 12.5% above its estimated fair value. The current Cash Conversion Cycle is 186.55 and 52.4% above the Industrial Products industry median of 122.39. PIX Transmissions' overall GF Score™ is 91/100 with 4 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 PIX Transmissions (NSE:PIXTRANS), the current Cash Conversion Cycle is 186.55 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 PIX Transmissions (NSE:PIXTRANS) Overvalued in 2026?

Based on GuruFocus' analysis, PIX Transmissions stock appears to be overvalued. The current stock price of ₹1,741.00 is trading 12.5% above its estimated GF Value™ of ₹1,548.09. GuruFocus considers PIX Transmissions to be Modestly Overvalued.

Key valuation signals for NSE:PIXTRANS:

  • Cash Conversion Cycle: 186.55
  • GF Value™: ₹1,548.09 vs. price of ₹1,741.00 (12.5% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 52.4% above the Industrial Products median

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


PIX Transmissions Business Description

Other Exchanges 500333:India
Address One BKC, Bandra-Kurla Complex, 12th Floor, Unit No. 1208, B Wing, Bandra (East), Mumbai, MH, IND, 400051
PIX Transmissions Ltd is engaged in the manufacturing of belts and related mechanical power transmission products in India. The company offers belt products for various sectors such as industrial, agricultural, lawn and garden, automotive, and special applications. It also offers other belts such as Ribbed / Poly-V Belts, Banded Belts, Industrial Belts, Agriculture Belts, and Others. The products of the company are sold both in the domestic and export markets, of which the exports generate maximum revenue.
91GF Score

Get the complete analysis for NSE:PIXTRANS

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

₹1,741.00
Price
₹1,548.09
GF Value