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RBM Infracon (NSE:RBMINFRA) Cash Conversion Cycle : -146.41 (As of Mar. 2023)


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What is RBM Infracon Cash Conversion Cycle?

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

RBM Infracon's Days Sales Outstanding for the six months ended in Mar. 2023 was 74.67.
RBM Infracon's Days Inventory for the six months ended in Mar. 2023 was 227.29.
RBM Infracon's Days Payable for the six months ended in Mar. 2023 was 448.37.
Therefore, RBM Infracon's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2023 was -146.41.


RBM Infracon Cash Conversion Cycle Historical Data

The historical data trend for RBM Infracon'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.

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RBM Infracon Cash Conversion Cycle Chart

RBM Infracon Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
-131.20 -152.92 -250.27 -146.41

RBM Infracon Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle -131.20 -152.92 -250.27 -146.41

Competitive Comparison of RBM Infracon's Cash Conversion Cycle

For the Engineering & Construction subindustry, RBM Infracon'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.


RBM Infracon's Cash Conversion Cycle Distribution in the Construction Industry

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

* The bar in red indicates where RBM Infracon's Cash Conversion Cycle falls into.



RBM Infracon 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.

RBM Infracon's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=74.67+227.29-448.37
=-146.41

RBM Infracon's Cash Conversion Cycle for the quarter that ended in Mar. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=74.67+227.29-448.37
=-146.41

* 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.


RBM Infracon  (NSE:RBMINFRA) 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.


RBM Infracon Cash Conversion Cycle Related Terms

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RBM Infracon (NSE:RBMINFRA) Business Description

Traded in Other Exchanges
N/A
Address
C/O Rahul Mani Tripathi Mb Complex, Main Road, Baitalpur, UP, IND, 274201
RBM Infracon Ltd is engaged in the business of engineering, execution, testing, commissioning operation and maintenance, particularly in the field of mechanical and rotary equipment for Oil & Gas Refineries, Gas Cracker Plants, Coal/Gas/WHR based Power Plants, Petrochemical, Chemicals, Cement, Fertilizers. The company is involved in ARC (Annual Rate Contracts) Mechanical job (Static +Rotary) at Nayara in different plant like crude Crude ( CDU-VDU) , DHDS, FCCU, NHT-CCR, HMU-I & II , VGO -DHDT-ISOM , CPP ( Boiler , Piping HT job with IBR coordination ) , DCU( Coker) Utility , Off site , RTF (Pit area) dispatch , Rail and Jetty with around 650 Manpower and also involve in ARC maintenance job in RIL-Jamnagar and YARA-Babrala.

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