Swan Defence and Heavy Industries (NSE:SWANDEF) 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.
Swan Defence and Heavy Industries Cash Conversion Cycle Related Terms
Swan Defence and Heavy Industries Cash Conversion Cycle Historical Data
* 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.
Swan Defence and Heavy Industries Cash Conversion Cycle Chart
NSE:SWANDEF vs SPCX, GE, RTX: Cash Conversion Cycle Comparison
For the Aerospace & Defense subindustry, Swan Defence and Heavy Industries'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.
Swan Defence and Heavy Industries Cash Conversion Cycle vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Swan Defence and Heavy Industries's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Swan Defence and Heavy Industries's Cash Conversion Cycle falls into.
Swan Defence and Heavy Industries 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.
* 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.
Swan Defence and Heavy Industries (NSE:SWANDEF) has a Cash Conversion Cycle of 192.71 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Swan Defence and Heavy Industries and its competitors.
Is Swan Defence and Heavy Industries' Cash Conversion Cycle too high?
Swan Defence and Heavy Industries' current Cash Conversion Cycle is 192.71. The Aerospace & Defense industry median Cash Conversion Cycle is 137.38. Swan Defence and Heavy Industries' value of 192.71 is 40.3% above this industry median. Overall, Swan Defence and Heavy Industries has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swan Defence and Heavy Industries' Cash Conversion Cycle compare to SPCX and GE?
Swan Defence and Heavy Industries' Cash Conversion Cycle of 192.71 can be compared against companies in the Aerospace & Defense industry. The industry median Cash Conversion Cycle is 137.38. Swan Defence and Heavy Industries' value of 192.71 is 40.3% 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 an Aerospace & Defense company?
The median Cash Conversion Cycle among Aerospace & Defense companies is 137.38, based on 347 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. Swan Defence and Heavy Industries's current Cash Conversion Cycle of 192.71 is 40.3% 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 Swan Defence and Heavy Industries and its competitors. For the Aerospace & Defense industry, the median Cash Conversion Cycle is 137.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swan Defence and Heavy Industries's current Cash Conversion Cycle is 192.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swan Defence and Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries (NSE:SWANDEF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹11,933.34, compared to a current price of ₹2,215.60 — trading 81.4% below its estimated fair value. The current Cash Conversion Cycle is 192.71 and 40.3% above the Aerospace & Defense industry median of 137.38. Swan Defence and Heavy Industries' overall GF Score™ is 31/100 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 Swan Defence and Heavy Industries (NSE:SWANDEF), the current Cash Conversion Cycle is 192.71 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 Swan Defence and Heavy Industries (NSE:SWANDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries stock appears to be undervalued.
The current stock price of ₹2,215.60 is trading 81.4% below its estimated GF Value™ of ₹11,933.34.
GuruFocus considers Swan Defence and Heavy Industries to be Possible Value Trap.
Key valuation signals for NSE:SWANDEF:
Cash Conversion Cycle: 192.71
GF Value™: ₹11,933.34 vs. price of ₹2,215.60 (81.4% below fair value)
Industry Position: 40.3% above the Aerospace & Defense median
No single metric tells the full story. See the NSE:SWANDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swan Defence and Heavy Industries Business Description
Swan Defence and Heavy Industries Ltd is mainly engaged in the construction of vessels, repairs, and refits of ships and rigs, and heavy engineering. The company has developed an integrated shipbuilding, ship and rig repair and conversion, ship production, offshore construction, and heavy engineering facility in Gujarat. The company has a large shipbuilding/repair infrastructure in India including the Dry Dock.
31GF Score
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