Prakash Steelage's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 63.91.
Prakash Steelage's Days Inventory for the
three
months ended in Mar. 2026 was 66.68.
Prakash Steelage's Days Payable for the
three
months ended in Mar. 2026 was 114.72.
Therefore, Prakash Steelage's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 15.87.
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.
Prakash Steelage Cash Conversion Cycle Related Terms
Prakash Steelage Cash Conversion Cycle Historical Data
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The historical data trend for Prakash Steelage'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:PRAKASHSTL vs NUE, STLD, RS: Cash Conversion Cycle Comparison
For the Steel subindustry, Prakash Steelage'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.
Prakash Steelage Cash Conversion Cycle vs Steel Industry
For the Steel industry and Basic Materials sector, Prakash Steelage's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Prakash Steelage'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.
Prakash Steelage'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.
Prakash Steelage (NSE:PRAKASHSTL) has a Cash Conversion Cycle of 15.87 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Prakash Steelage and its competitors.
Is Prakash Steelage's Cash Conversion Cycle too high?
Prakash Steelage's current Cash Conversion Cycle is 15.87. The Steel industry median Cash Conversion Cycle is 94.32. Prakash Steelage's value of 15.87 is 83.2% below this industry median. Overall, Prakash Steelage has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prakash Steelage's Cash Conversion Cycle compare to NUE and STLD?
Prakash Steelage's Cash Conversion Cycle of 15.87 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.32. Prakash Steelage's value of 15.87 is 83.2% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 94.32, based on 609 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. Prakash Steelage's current Cash Conversion Cycle of 15.87 is 83.2% 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 Prakash Steelage and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Steelage's current Cash Conversion Cycle is 15.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Steelage stock overvalued right now?
Based on GuruFocus' analysis, Prakash Steelage (NSE:PRAKASHSTL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹7.07, compared to a current price of ₹4.20 — trading 40.6% below its estimated fair value. The current Cash Conversion Cycle is 15.87 and 83.2% below the Steel industry median of 94.32. Prakash Steelage's overall GF Score™ is 78/100 with 1 warning sign 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 Prakash Steelage (NSE:PRAKASHSTL), the current Cash Conversion Cycle is 15.87 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 Prakash Steelage (NSE:PRAKASHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Steelage stock appears to be undervalued.
The current stock price of ₹4.20 is trading 40.6% below its estimated GF Value™ of ₹7.07.
GuruFocus considers Prakash Steelage to be Significantly Undervalued.
Key valuation signals for NSE:PRAKASHSTL:
Cash Conversion Cycle: 15.87
GF Value™: ₹7.07 vs. price of ₹4.20 (40.6% below fair value)
No single metric tells the full story. See the NSE:PRAKASHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. The products of the company are available in various conditions, such as welded pipes, large-diameter pipes, welded tubes, welded instrumentation tubes, welded heat exchanger tubes, and welded EFW pipes. Geographically, all the group's business activity is operated through India's region.
78GF Score
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