GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pratham EPC Projects Ltd (NSE:PRATHAM) » Definitions » Cash Conversion Cycle

Pratham EPC Projects (NSE:PRATHAM) Cash Conversion Cycle : 183.94 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Pratham EPC Projects Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Pratham EPC Projects's Days Sales Outstanding for the six months ended in Sep. 2024 was 65.62.
Pratham EPC Projects's Days Inventory for the six months ended in Sep. 2024 was 169.12.
Pratham EPC Projects's Days Payable for the six months ended in Sep. 2024 was 50.8.
Therefore, Pratham EPC Projects's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2024 was 183.94.


Pratham EPC Projects Cash Conversion Cycle Historical Data

The historical data trend for Pratham EPC Projects'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.

* Premium members only.

Pratham EPC Projects Cash Conversion Cycle Chart

Pratham EPC Projects Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
-48.39 -52.10 -35.19 195.90

Pratham EPC Projects Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Cash Conversion Cycle Get a 7-Day Free Trial - - 116.03 276.64 183.94

Competitive Comparison of Pratham EPC Projects's Cash Conversion Cycle

For the Oil & Gas Equipment & Services subindustry, Pratham EPC Projects'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.


Pratham EPC Projects's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pratham EPC Projects's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Pratham EPC Projects's Cash Conversion Cycle falls into.


;
;

Pratham EPC Projects 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.

Pratham EPC Projects's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=85.17+287.66-176.93
=195.90

Pratham EPC Projects's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=65.62+169.12-50.8
=183.94

* 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.


Pratham EPC Projects  (NSE:PRATHAM) 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.


Pratham EPC Projects Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Pratham EPC Projects's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Pratham EPC Projects Business Description

Traded in Other Exchanges
N/A
Address
Iscon Temple Cross Road, S.G. Highway, A-1101, Sankalp Iconic Tower, Opposite Vikramnagar Colony, Ambli, Daskroi, Ahmedabad, GJ, IND, 380058
Pratham EPC Projects Ltd is an Oil & Gas pipeline infrastructure service provider in India. Its is focused on laying pipeline networks along with construction of associated facilities; and providing Operations & Maintenance services to the City Gas Distribution (CGD) Companies in India. The company had business verticals: 1) Oil & Gas Pipeline Projects which undertakes cross-country pipeline projects for different applications viz. Oil, gas & water etc. 2) Water Pipeline Projects which undertakes design, supply, laying, jointing, testing and commissioning of bulk and distribution pipeline network for domestic and industrial water supply.

Pratham EPC Projects Headlines

No Headlines