Steel Strips Wheels (NSE:SSWL) Cash Conversion Cycle: 33.07 (As of Mar. 2026)


NSE:SSWL Steel Strips Wheels Ltd NSE:SSWL
88 GF Score
Price ₹252.37
GF Value ₹258.06
Valuation Fairly Valued
! 7 Warning Signs
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What is Steel Strips Wheels Cash Conversion Cycle?

Steel Strips Wheels NSE:SSWL +1.74% 88 Cash Conversion Cycle is 33.07 as of Mar. 2026. GuruFocus rates NSE:SSWL with a GF Score™ of 88/100 and a GF Value™ of ₹258.06 (Fairly Valued). The stock has 7 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.

Steel Strips Wheels's Days Sales Outstanding for the three months ended in Mar. 2026 was 37.68.
Steel Strips Wheels's Days Inventory for the three months ended in Mar. 2026 was 88.19.
Steel Strips Wheels's Days Payable for the three months ended in Mar. 2026 was 92.8.
Therefore, Steel Strips Wheels's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 33.07.


Steel Strips Wheels  (NSE:SSWL) 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.


Steel Strips Wheels Cash Conversion Cycle Related Terms


Steel Strips Wheels Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels Cash Conversion Cycle Chart

Steel Strips Wheels 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 39.30 35.20 40.77 43.70 35.35

Steel Strips Wheels 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 34.83 36.19 53.60 48.25 33.07

NSE:SSWL vs ORLY, AZO: Cash Conversion Cycle Comparison

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels Cash Conversion Cycle vs Vehicles & Parts Industry

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

* The bar in red indicates where Steel Strips Wheels's Cash Conversion Cycle falls into.


NSE:SSWL
88GF Score
Steel Strips Wheels Ltd NSE:SSWL
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Strips Wheels 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.

Steel Strips Wheels'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
=38.57+91.02-94.24
=35.35

Steel Strips Wheels'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
=37.68+88.19-92.8
=33.07

* 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 33.07 mean?
Steel Strips Wheels (NSE:SSWL) has a Cash Conversion Cycle of 33.07 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Steel Strips Wheels and its competitors.
Is Steel Strips Wheels' Cash Conversion Cycle too high?
Steel Strips Wheels' current Cash Conversion Cycle is 33.07. The Vehicles & Parts industry median Cash Conversion Cycle is 67.39. Steel Strips Wheels' value of 33.07 is 50.9% below this industry median. Overall, Steel Strips Wheels has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' Cash Conversion Cycle compare to ORLY and AZO?
Steel Strips Wheels' Cash Conversion Cycle of 33.07 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.39. Steel Strips Wheels' value of 33.07 is 50.9% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.39, based on 1,324 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. Steel Strips Wheels's current Cash Conversion Cycle of 33.07 is 50.9% 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 Steel Strips Wheels and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current Cash Conversion Cycle is 33.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Fairly Valued. The stock's GF Value™ is ₹258.06, compared to a current price of ₹252.37 — trading 2.2% below its estimated fair value. The current Cash Conversion Cycle is 33.07 and 50.9% below the Vehicles & Parts industry median of 67.39. Steel Strips Wheels' overall GF Score™ is 88/100 with 7 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 Steel Strips Wheels (NSE:SSWL), the current Cash Conversion Cycle is 33.07 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be undervalued. The current stock price of ₹252.37 is trading 2.2% below its estimated GF Value™ of ₹258.06. GuruFocus considers Steel Strips Wheels to be Fairly Valued.

Key valuation signals for NSE:SSWL:

  • Cash Conversion Cycle: 33.07
  • GF Value™: ₹258.06 vs. price of ₹252.37 (2.2% below fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 50.9% below the Vehicles & Parts median

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


Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
88GF Score

Get the complete analysis for NSE:SSWL

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

₹252.37
Price
₹258.06
GF Value