TeamLease Services's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 16.99.
TeamLease Services's Days Inventory for the
three
months ended in Mar. 2026 was 0.
TeamLease Services's Days Payable for the
three
months ended in Mar. 2026 was 2.53.
Therefore, TeamLease Services's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 14.46.
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.
TeamLease Services Cash Conversion Cycle Related Terms
TeamLease Services Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for TeamLease Services'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.
NSE:TEAMLEASE vs KFY, RHI, TNET: Cash Conversion Cycle Comparison
For the Staffing & Employment Services subindustry, TeamLease Services'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.
TeamLease Services Cash Conversion Cycle vs Business Services Industry
For the Business Services industry and Industrials sector, TeamLease Services's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where TeamLease Services's Cash Conversion Cycle falls into.
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.
TeamLease Services's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
TeamLease Services (NSE:TEAMLEASE) has a Cash Conversion Cycle of 14.46 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on TeamLease Services and its competitors.
Is TeamLease Services' Cash Conversion Cycle too high?
TeamLease Services' current Cash Conversion Cycle is 14.46. The Business Services industry median Cash Conversion Cycle is 38.50. TeamLease Services' value of 14.46 is 62.4% below this industry median. Overall, TeamLease Services has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TeamLease Services' Cash Conversion Cycle compare to KFY and RHI?
TeamLease Services' Cash Conversion Cycle of 14.46 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.50. TeamLease Services' value of 14.46 is 62.4% 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 Business Services company?
The median Cash Conversion Cycle among Business Services companies is 38.50, based on 1,067 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. TeamLease Services's current Cash Conversion Cycle of 14.46 is 62.4% 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 TeamLease Services and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeamLease Services's current Cash Conversion Cycle is 14.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamLease Services stock overvalued right now?
Based on GuruFocus' analysis, TeamLease Services (NSE:TEAMLEASE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,418.10, compared to a current price of ₹1,402.40 — trading 59% below its estimated fair value. The current Cash Conversion Cycle is 14.46 and 62.4% below the Business Services industry median of 38.50. TeamLease Services' overall GF Score™ is 86/100 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 TeamLease Services (NSE:TEAMLEASE), the current Cash Conversion Cycle is 14.46 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 TeamLease Services (NSE:TEAMLEASE) Overvalued in 2026?
Based on GuruFocus' analysis, TeamLease Services stock appears to be undervalued.
The current stock price of ₹1,402.40 is trading 59% below its estimated GF Value™ of ₹3,418.10.
GuruFocus considers TeamLease Services to be Significantly Undervalued.
Key valuation signals for NSE:TEAMLEASE:
Cash Conversion Cycle: 14.46
GF Value™: ₹3,418.10 vs. price of ₹1,402.40 (59% below fair value)
Industry Position: 62.4% below the Business Services median
No single metric tells the full story. See the NSE:TEAMLEASE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJyothi Nivas College Road, 315 Work Avenue Campus, Ascent Building, Number 77, Koramangala Industrial Layout, Koramangala, Bengaluru, KA, IND, 560095
TeamLease Services Ltd provides human resource services. Its employment services include temporary staffing solutions, permanent recruitment services, and regulatory consultancy for labor law compliance. Its segments are General Staffing and Allied Services, which include Staffing, Temporary Recruitment and Payroll & NETAP, and Other HR Services segments, which Comprises of Regulatory Compliance and Training, etc. The General staffing and Allied Services segment generates the majority of revenue. Geographically the company operates in India and outside India, where the key revenue is generated from India itself.
86GF Score
Get the complete analysis for NSE:TEAMLEASE
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:TEAMLEASE has been successfully added to your 
