TVS Electronics's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 73.92.
TVS Electronics's Days Inventory for the
three
months ended in Mar. 2026 was 105.96.
TVS Electronics's Days Payable for the
three
months ended in Mar. 2026 was 122.18.
Therefore, TVS Electronics's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 57.70.
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.
TVS Electronics Cash Conversion Cycle Related Terms
TVS Electronics Cash Conversion Cycle Historical Data
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The historical data trend for TVS Electronics'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:TVSELECT vs SNDK, DELL, STX: Cash Conversion Cycle Comparison
For the Computer Hardware subindustry, TVS Electronics'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.
TVS Electronics Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, TVS Electronics's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where TVS Electronics'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.
TVS Electronics'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.
TVS Electronics (NSE:TVSELECT) has a Cash Conversion Cycle of 57.70 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on TVS Electronics and its competitors.
Is TVS Electronics' Cash Conversion Cycle too high?
TVS Electronics' current Cash Conversion Cycle is 57.70. The Hardware industry median Cash Conversion Cycle is 98.93. TVS Electronics' value of 57.70 is 41.7% below this industry median. Overall, TVS Electronics has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVS Electronics' Cash Conversion Cycle compare to SNDK and DELL?
TVS Electronics' Cash Conversion Cycle of 57.70 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.93. TVS Electronics' value of 57.70 is 41.7% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.93, based on 2,473 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. TVS Electronics's current Cash Conversion Cycle of 57.70 is 41.7% 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 TVS Electronics and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVS Electronics's current Cash Conversion Cycle is 57.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVS Electronics stock overvalued right now?
Based on GuruFocus' analysis, TVS Electronics (NSE:TVSELECT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹451.35, compared to a current price of ₹501.85 — trading 11.2% above its estimated fair value. The current Cash Conversion Cycle is 57.70 and 41.7% below the Hardware industry median of 98.93. TVS Electronics' overall GF Score™ is 79/100 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 TVS Electronics (NSE:TVSELECT), the current Cash Conversion Cycle is 57.70 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 TVS Electronics (NSE:TVSELECT) Overvalued in 2026?
Based on GuruFocus' analysis, TVS Electronics stock appears to be overvalued.
The current stock price of ₹501.85 is trading 11.2% above its estimated GF Value™ of ₹451.35.
GuruFocus considers TVS Electronics to be Modestly Overvalued.
Key valuation signals for NSE:TVSELECT:
Cash Conversion Cycle: 57.70
GF Value™: ₹451.35 vs. price of ₹501.85 (11.2% above fair value)
Industry Position: 41.7% below the Hardware median
No single metric tells the full story. See the NSE:TVSELECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that designs, manufactures, assembles, markets, sells, and services various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.
79GF Score
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