Solara Active Pharma Sciences (NSE:SOLARA) Cash Conversion Cycle: 123.69 (As of Mar. 2026)

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NSE:SOLARA Solara Active Pharma Sciences Ltd NSE:SOLARA
68 GF Score
Price ₹570.80
GF Value ₹570.64
Valuation Fairly Valued
! 3 Warning Signs
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What is Solara Active Pharma Sciences Cash Conversion Cycle?

Solara Active Pharma Sciences NSE:SOLARA -1.25% 68 Cash Conversion Cycle is 123.69 as of Mar. 2026. GuruFocus rates NSE:SOLARA with a GF Score™ of 68/100 and a GF Value™ of ₹570.64 (Fairly Valued). The stock has 3 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.

Solara Active Pharma Sciences's Days Sales Outstanding for the three months ended in Mar. 2026 was 103.37.
Solara Active Pharma Sciences's Days Inventory for the three months ended in Mar. 2026 was 146.91.
Solara Active Pharma Sciences's Days Payable for the three months ended in Mar. 2026 was 126.59.
Therefore, Solara Active Pharma Sciences's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 123.69.


Solara Active Pharma Sciences  (NSE:SOLARA) 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.


Solara Active Pharma Sciences Cash Conversion Cycle Related Terms


Solara Active Pharma Sciences Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Solara Active Pharma Sciences'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.

Solara Active Pharma Sciences Cash Conversion Cycle Chart

Solara Active Pharma Sciences Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 220.79 259.68 195.56 129.75 132.22

Solara Active Pharma Sciences Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 162.69 136.53 147.45 128.97 123.69

NSE:SOLARA vs ZTS, UTHR: Cash Conversion Cycle Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Solara Active Pharma Sciences'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.


Solara Active Pharma Sciences Cash Conversion Cycle vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Solara Active Pharma Sciences's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Solara Active Pharma Sciences's Cash Conversion Cycle falls into.


NSE:SOLARA
68GF Score
Solara Active Pharma Sciences Ltd NSE:SOLARA
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Solara Active Pharma Sciences 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.

Solara Active Pharma Sciences'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
=102.02+169.51-139.31
=132.22

Solara Active Pharma Sciences'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
=103.37+146.91-126.59
=123.69

* 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 123.69 mean?
Solara Active Pharma Sciences (NSE:SOLARA) has a Cash Conversion Cycle of 123.69 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Solara Active Pharma Sciences and its competitors.
Is Solara Active Pharma Sciences' Cash Conversion Cycle too high?
Solara Active Pharma Sciences' current Cash Conversion Cycle is 123.69. The Drug Manufacturers industry median Cash Conversion Cycle is 145.92. Solara Active Pharma Sciences' value of 123.69 is 15.2% below this industry median. Overall, Solara Active Pharma Sciences has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solara Active Pharma Sciences' Cash Conversion Cycle compare to ZTS and UTHR?
Solara Active Pharma Sciences' Cash Conversion Cycle of 123.69 can be compared against companies in the Drug Manufacturers industry. The industry median Cash Conversion Cycle is 145.92. Solara Active Pharma Sciences' value of 123.69 is 15.2% below 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 Drug Manufacturers company?
The median Cash Conversion Cycle among Drug Manufacturers companies is 145.92, based on 955 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. Solara Active Pharma Sciences's current Cash Conversion Cycle of 123.69 is 15.2% below 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 Solara Active Pharma Sciences and its competitors. For the Drug Manufacturers industry, the median Cash Conversion Cycle is 145.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solara Active Pharma Sciences's current Cash Conversion Cycle is 123.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solara Active Pharma Sciences stock overvalued right now?
Based on GuruFocus' analysis, Solara Active Pharma Sciences (NSE:SOLARA) is currently considered Fairly Valued. The stock's GF Value™ is ₹570.64, compared to a current price of ₹570.80 — trading 0% above its estimated fair value. The current Cash Conversion Cycle is 123.69 and 15.2% below the Drug Manufacturers industry median of 145.92. Solara Active Pharma Sciences' overall GF Score™ is 68/100 with 3 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 Solara Active Pharma Sciences (NSE:SOLARA), the current Cash Conversion Cycle is 123.69 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 Solara Active Pharma Sciences (NSE:SOLARA) Overvalued in 2026?

Based on GuruFocus' analysis, Solara Active Pharma Sciences stock appears to be overvalued. The current stock price of ₹570.80 is trading 0% above its estimated GF Value™ of ₹570.64. GuruFocus considers Solara Active Pharma Sciences to be Fairly Valued.

Key valuation signals for NSE:SOLARA:

  • Cash Conversion Cycle: 123.69
  • GF Value™: ₹570.64 vs. price of ₹570.80 (0% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 15.2% below the Drug Manufacturers median

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


Solara Active Pharma Sciences Business Description

Other Exchanges 541540:India
Address Phase II - CSIR Road, Module No. 601, 602, 603, Ticel Bio Park, Taramani, Chennai, TN, IND, 600113
Solara Active Pharma Sciences Ltd is engaged in the Active Pharmaceutical Ingredients (API) in India. It manufactures and develops APIs and offers services, including CRAMS and contract manufacturing for APIs. The company offers products and services, such as Anaesthetic, Analgesics, Antiviral, Retinoid, Anti-emetic, Antimalarial, Diuretic, Muscle relaxant, Antiallergics, Antihypertensive, Calcimimetic agent, Anti-seizure, Antigout, Cardiovascular, Anti-infective, Cough suppressant, and others. It also offers contract services, including contract development and manufacturing, and analytical services. Geographically, the company generates all of its revenue from India.
68GF Score

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

₹570.80
Price
₹570.64
GF Value