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Sunrest Lifescience (NSE:SUNREST) Cash Conversion Cycle : 0.00 (As of Sep. 2024)


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What is Sunrest Lifescience Cash Conversion Cycle?

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

Sunrest Lifescience's Days Sales Outstanding for the three months ended in Sep. 2024 was 0.
Sunrest Lifescience's Days Inventory for the three months ended in Sep. 2024 was 0.
Sunrest Lifescience's Days Payable for the three months ended in Sep. 2024 was 0.
Therefore, Sunrest Lifescience's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 0.00.


Sunrest Lifescience Cash Conversion Cycle Historical Data

The historical data trend for Sunrest Lifescience'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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Sunrest Lifescience Cash Conversion Cycle Chart

Sunrest Lifescience Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
32.77 19.80 14.27 26.82 128.84

Sunrest Lifescience Quarterly Data
Mar20 Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 73.73 34.06 65.06 - -

Competitive Comparison of Sunrest Lifescience's Cash Conversion Cycle

For the Pharmaceutical Retailers subindustry, Sunrest Lifescience'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.


Sunrest Lifescience's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sunrest Lifescience's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sunrest Lifescience's Cash Conversion Cycle falls into.


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Sunrest Lifescience 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.

Sunrest Lifescience'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
=160.1+82.13-113.39
=128.84

Sunrest Lifescience's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Sunrest Lifescience  (NSE:SUNREST) 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.


Sunrest Lifescience Cash Conversion Cycle Related Terms

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Sunrest Lifescience Business Description

Traded in Other Exchanges
N/A
Address
Vastral Road, FF-41, Ajay Tenament-6 Near Canal, Near Ritanagar Bus Stand, Ahmedabad, GJ, IND, 382415
Sunrest Lifescience Ltd is engaged in the trading business of pharmaceutical products on a wholesale and retail basis. It deals in Capsules, Tablets, Syrup, Ointment, Gel, mouthwash, Solution, Suspension, Dry Powders, and Toothpaste. Its product portfolio comprises Analgesic & Anti Pyretic3030, Antacid Anti Emetics1414, Anti Biotics1717, Anti Cough & Cold4343, Anti Fungal2929, Anti Spasmodic & Enzyme99, Creams & Ointments44, Eye, Ear Drops & Nasal Spray88, General Products2828, Glucose & Energy Drink88, Hair Care77, Lady Care55, Multi Vitamins & Haemantinics3030, Oral Care55, Skin Care2222, and Vigor and Vitality.

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