PPAP Automotive's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 54.26.
PPAP Automotive's Days Inventory for the
three
months ended in Mar. 2026 was 86.74.
PPAP Automotive's Days Payable for the
three
months ended in Mar. 2026 was 89.92.
Therefore, PPAP Automotive's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 51.08.
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.
PPAP Automotive Cash Conversion Cycle Related Terms
PPAP Automotive Cash Conversion Cycle Historical Data
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The historical data trend for PPAP Automotive'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.
NSE:PPAP vs ORLY, AZO: Cash Conversion Cycle Comparison
For the Auto Parts subindustry, PPAP Automotive'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.
PPAP Automotive Cash Conversion Cycle vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, PPAP Automotive's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where PPAP Automotive'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.
PPAP Automotive's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
PPAP Automotive (NSE:PPAP) has a Cash Conversion Cycle of 51.08 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PPAP Automotive and its competitors.
Is PPAP Automotive's Cash Conversion Cycle too high?
PPAP Automotive's current Cash Conversion Cycle is 51.08. The Vehicles & Parts industry median Cash Conversion Cycle is 67.42. PPAP Automotive's value of 51.08 is 24.2% below this industry median. Overall, PPAP Automotive has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PPAP Automotive's Cash Conversion Cycle compare to ORLY and AZO?
PPAP Automotive's Cash Conversion Cycle of 51.08 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.42. PPAP Automotive's value of 51.08 is 24.2% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.42, based on 1,325 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. PPAP Automotive's current Cash Conversion Cycle of 51.08 is 24.2% 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 PPAP Automotive and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPAP Automotive's current Cash Conversion Cycle is 51.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPAP Automotive stock overvalued right now?
Based on GuruFocus' analysis, PPAP Automotive (NSE:PPAP) is currently considered Fairly Valued. The stock's GF Value™ is ₹228.97, compared to a current price of ₹249.52 — trading 9% above its estimated fair value. The current Cash Conversion Cycle is 51.08 and 24.2% below the Vehicles & Parts industry median of 67.42. PPAP Automotive's overall GF Score™ is 72/100 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 PPAP Automotive (NSE:PPAP), the current Cash Conversion Cycle is 51.08 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 PPAP Automotive (NSE:PPAP) Overvalued in 2026?
Based on GuruFocus' analysis, PPAP Automotive stock appears to be overvalued.
The current stock price of ₹249.52 is trading 9% above its estimated GF Value™ of ₹228.97.
GuruFocus considers PPAP Automotive to be Fairly Valued.
Key valuation signals for NSE:PPAP:
Cash Conversion Cycle: 51.08
GF Value™: ₹228.97 vs. price of ₹249.52 (9% above fair value)
Industry Position: 24.2% below the Vehicles & Parts median
No single metric tells the full story. See the NSE:PPAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PPAP Automotive Ltd is an Indian company specializing in the manufacturing of automotive sealing systems, interior and exterior automotive parts using plastic and rubber extrusion and plastic injection molding technologies. It serves many automotive OEMs in passenger vehicles, two-wheelers, and commercial vehicle segments. The company operates manufacturing facilities across key automotive hubs in India, including Noida, Surajpur, Chennai, Pathredi, and Viramgam. PPAP also develops high-precision plastic injection toolings and has expanded into lithium-ion battery pack solutions for electric two-wheelers and three-wheelers.
72GF Score
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