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Popular Vehicles and Services (NSE:PVSL) Cash Conversion Cycle : 59.25 (As of Dec. 2024)


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What is Popular Vehicles and Services Cash Conversion Cycle?

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

Popular Vehicles and Services's Days Sales Outstanding for the three months ended in Dec. 2024 was 20.68.
Popular Vehicles and Services's Days Inventory for the three months ended in Dec. 2024 was 55.38.
Popular Vehicles and Services's Days Payable for the three months ended in Dec. 2024 was 16.81.
Therefore, Popular Vehicles and Services's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 59.25.


Popular Vehicles and Services Cash Conversion Cycle Historical Data

The historical data trend for Popular Vehicles and Services'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.

Popular Vehicles and Services Cash Conversion Cycle Chart

Popular Vehicles and Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial 52.36 47.63 50.97 42.72 47.49

Popular Vehicles and Services Quarterly Data
Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.39 57.94 57.51 53.51 59.25

Competitive Comparison of Popular Vehicles and Services's Cash Conversion Cycle

For the Auto & Truck Dealerships subindustry, Popular Vehicles and Services'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.


Popular Vehicles and Services's Cash Conversion Cycle Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Popular Vehicles and Services's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Popular Vehicles and Services's Cash Conversion Cycle falls into.


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Popular Vehicles and Services 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.

Popular Vehicles and Services'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
=17.69+39.13-9.33
=47.49

Popular Vehicles and Services's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=20.68+55.38-16.81
=59.25

* 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.


Popular Vehicles and Services  (NSE:PVSL) 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.


Popular Vehicles and Services Cash Conversion Cycle Related Terms

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


Popular Vehicles and Services Business Description

Traded in Other Exchanges
Address
Kuttukaran Centre, Mamangalam, Cochin, Ernakulam, KL, IND, 682025
Popular Vehicles and Services Ltd is engaged in automobile dealerships in India. It caters to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, facilitating the sale and exchange of pre-owned vehicles, operating driving schools, and facilitating the sale of third-party financial and insurance products. The group has structured its business broadly into four verticals-Passenger cars (excluding luxury vehicles), Luxury vehicles, Commercial vehicles, and others. Others comprise spare parts retail sales - other than through the respective business segments and sale of electric vehicles - two-wheelers and three-wheelers. Key revenue is generated from the passenger cars segment.

Popular Vehicles and Services Headlines

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