ROX Hi-Tech (NSE:ROXHITECH) Cash Conversion Cycle: 170.08 (As of Mar. 2026)


NSE:ROXHITECH ROX Hi-Tech Ltd NSE:ROXHITECH
63 GF Score
Price ₹38.95
GF Value ₹82.35
Valuation Possible Value Trap
! 6 Warning Signs
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What is ROX Hi-Tech Cash Conversion Cycle?

ROX Hi-Tech NSE:ROXHITECH -5.00% 63 Cash Conversion Cycle is 170.08 as of Mar. 2026. GuruFocus rates NSE:ROXHITECH with a GF Score™ of 63/100 and a GF Value™ of ₹82.35 (Possible Value Trap). The stock has 6 warning signs investors should review.

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

ROX Hi-Tech's Days Sales Outstanding for the six months ended in Mar. 2026 was 119.65.
ROX Hi-Tech's Days Inventory for the six months ended in Mar. 2026 was 160.26.
ROX Hi-Tech's Days Payable for the six months ended in Mar. 2026 was 109.83.
Therefore, ROX Hi-Tech's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 170.08.


ROX Hi-Tech  (NSE:ROXHITECH) 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.


ROX Hi-Tech Cash Conversion Cycle Related Terms


ROX Hi-Tech Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for ROX Hi-Tech'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.

ROX Hi-Tech Cash Conversion Cycle Chart

ROX Hi-Tech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial 39.28 83.33 123.00 171.59 166.91

ROX Hi-Tech Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 134.08 201.13 101.76 174.66 170.08

NSE:ROXHITECH vs IBM, ACN, FISV: Cash Conversion Cycle Comparison

For the Information Technology Services subindustry, ROX Hi-Tech'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.


ROX Hi-Tech Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, ROX Hi-Tech's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where ROX Hi-Tech's Cash Conversion Cycle falls into.


NSE:ROXHITECH
63GF Score
ROX Hi-Tech Ltd NSE:ROXHITECH
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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ROX Hi-Tech 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.

ROX Hi-Tech's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=107.1+133.05-73.24
=166.91

ROX Hi-Tech's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=119.65+160.26-109.83
=170.08

* 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 170.08 mean?
ROX Hi-Tech (NSE:ROXHITECH) has a Cash Conversion Cycle of 170.08 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ROX Hi-Tech and its competitors.
Is ROX Hi-Tech's Cash Conversion Cycle too high?
ROX Hi-Tech's current Cash Conversion Cycle is 170.08. The Software industry median Cash Conversion Cycle is 32.19. ROX Hi-Tech's value of 170.08 is 428.4% above this industry median. Overall, ROX Hi-Tech has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ROX Hi-Tech's Cash Conversion Cycle compare to IBM and ACN?
ROX Hi-Tech's Cash Conversion Cycle of 170.08 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.19. ROX Hi-Tech's value of 170.08 is 428.4% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.19, based on 2,799 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. ROX Hi-Tech's current Cash Conversion Cycle of 170.08 is 428.4% 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 ROX Hi-Tech and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ROX Hi-Tech's current Cash Conversion Cycle is 170.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ROX Hi-Tech stock overvalued right now?
Based on GuruFocus' analysis, ROX Hi-Tech (NSE:ROXHITECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹82.35, compared to a current price of ₹38.95 — trading 52.7% below its estimated fair value. The current Cash Conversion Cycle is 170.08 and 428.4% above the Software industry median of 32.19. ROX Hi-Tech's overall GF Score™ is 63/100 with 6 warning signs 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 ROX Hi-Tech (NSE:ROXHITECH), the current Cash Conversion Cycle is 170.08 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 ROX Hi-Tech (NSE:ROXHITECH) Overvalued in 2026?

Based on GuruFocus' analysis, ROX Hi-Tech stock appears to be undervalued. The current stock price of ₹38.95 is trading 52.7% below its estimated GF Value™ of ₹82.35. GuruFocus considers ROX Hi-Tech to be Possible Value Trap.

Key valuation signals for NSE:ROXHITECH:

  • Cash Conversion Cycle: 170.08
  • GF Value™: ₹82.35 vs. price of ₹38.95 (52.7% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 428.4% above the Software median

No single metric tells the full story. See the NSE:ROXHITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ROX Hi-Tech Business Description

Address Mahalingapuram Main Road, Old No.101B, New No.160, 1st & 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034
ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is an end-to-end IT solution provider.
63GF Score

Get the complete analysis for NSE:ROXHITECH

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹38.95
Price
₹82.35
GF Value