Pratibha Industries (NSE:PRATIBHA) Cash Conversion Cycle: 958.70 (As of Mar. 2019)


NSE:PRATIBHA Pratibha Industries Ltd NSE:PRATIBHA
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What is Pratibha Industries Cash Conversion Cycle?

Pratibha Industries NSE:PRATIBHA 4 Cash Conversion Cycle is 958.70 as of Mar. 2019. GuruFocus rates NSE:PRATIBHA with a GF Score™ of 4/100.

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

Pratibha Industries's Days Sales Outstanding for the three months ended in Mar. 2019 was 72.13.
Pratibha Industries's Days Inventory for the three months ended in Mar. 2019 was 1127.9.
Pratibha Industries's Days Payable for the three months ended in Mar. 2019 was 241.33.
Therefore, Pratibha Industries's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2019 was 958.70.


Pratibha Industries  (NSE:PRATIBHA) 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.


Pratibha Industries Cash Conversion Cycle Related Terms


Pratibha Industries Cash Conversion Cycle Historical Data

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The historical data trend for Pratibha Industries'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.

Pratibha Industries Cash Conversion Cycle Chart

Pratibha Industries Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 244.27 285.12 669.06 352.31 801.65

Pratibha Industries Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 619.64 723.25 1,021.87 558.29 958.70

Pratibha Industries Cash Conversion Cycle Competitor Comparison

For the Engineering & Construction subindustry, Pratibha Industries'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.


Pratibha Industries Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Pratibha Industries's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Pratibha Industries's Cash Conversion Cycle falls into.


NSE:PRATIBHA
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Pratibha Industries Ltd NSE:PRATIBHA
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Pratibha Industries 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.

Pratibha Industries's Cash Conversion Cycle for the fiscal year that ended in Mar. 2019 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=148.55+856.96-203.86
=801.65

Pratibha Industries's Cash Conversion Cycle for the quarter that ended in Mar. 2019 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=72.13+1127.9-241.33
=958.70

* 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 958.70 mean?
Pratibha Industries (NSE:PRATIBHA) has a Cash Conversion Cycle of 958.70 as of Mar. 2019. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Pratibha Industries and its competitors.
Is Pratibha Industries' Cash Conversion Cycle too high?
Pratibha Industries' current Cash Conversion Cycle is 958.70. The Construction industry median Cash Conversion Cycle is 55.82. Pratibha Industries' value of 958.70 is 1617.5% above this industry median. Overall, Pratibha Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Pratibha Industries' Cash Conversion Cycle compare to competitors?
Pratibha Industries' Cash Conversion Cycle of 958.70 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. Pratibha Industries' value of 958.70 is 1617.5% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, based on 1,762 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. Pratibha Industries's current Cash Conversion Cycle of 958.70 is 1617.5% 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 Pratibha Industries and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pratibha Industries's current Cash Conversion Cycle is 958.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pratibha Industries stock overvalued right now?
Pratibha Industries (NSE:PRATIBHA) has a current Cash Conversion Cycle of 958.70. The current Cash Conversion Cycle is 958.70 and 1617.5% above the Construction industry median of 55.82. Pratibha Industries' overall GF Score™ is 4/100. 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 Pratibha Industries (NSE:PRATIBHA), the current Cash Conversion Cycle is 958.70 as of Mar. 2019. 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.

Pratibha Industries Business Description

Address Unit No. 1/B-56 & 1/B-57, LBS Marg, Phoenix Paragon Plaza, Phoenix Market City, Kurla (W), Mumbai, MH, IND, 400 070
Pratibha Industries Ltd is an Indian-based firm. The company is engaged in designing, engineering and execution/construction of complex and integrated projects, the sale of construction materials and other related services. The company provides various solutions like integrated water transmission, water sourcing solutions, and other related solutions. In addition, the company is also involved in infrastructure development, including design and construction of railway stations and various other turnkey projects. The company operates in single Engineering, Procurement, and Construction segment. Most of its revenue comes from the Indian market.
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