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TVS Supply Chain Solutions (NSE:TVSSCS) Cash Conversion Cycle : 18.37 (As of Sep. 2024)


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What is TVS Supply Chain Solutions Cash Conversion Cycle?

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

TVS Supply Chain Solutions's Days Sales Outstanding for the three months ended in Sep. 2024 was 59.8.
TVS Supply Chain Solutions's Days Inventory for the three months ended in Sep. 2024 was 15.61.
TVS Supply Chain Solutions's Days Payable for the three months ended in Sep. 2024 was 57.04.
Therefore, TVS Supply Chain Solutions's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 18.37.


TVS Supply Chain Solutions Cash Conversion Cycle Historical Data

The historical data trend for TVS Supply Chain Solutions'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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TVS Supply Chain Solutions Cash Conversion Cycle Chart

TVS Supply Chain Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial -18.06 -28.41 -48.04 1.88 7.55

TVS Supply Chain Solutions Quarterly Data
Mar19 Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.33 8.81 14.69 11.09 18.37

Competitive Comparison of TVS Supply Chain Solutions's Cash Conversion Cycle

For the Integrated Freight & Logistics subindustry, TVS Supply Chain Solutions'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 Supply Chain Solutions's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TVS Supply Chain Solutions's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where TVS Supply Chain Solutions's Cash Conversion Cycle falls into.



TVS Supply Chain Solutions 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.

TVS Supply Chain Solutions'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
=52.2+15.83-60.48
=7.55

TVS Supply Chain Solutions'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
=59.8+15.61-57.04
=18.37

* 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 Supply Chain Solutions  (NSE:TVSSCS) 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.


TVS Supply Chain Solutions Cash Conversion Cycle Related Terms

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TVS Supply Chain Solutions Business Description

Traded in Other Exchanges
Address
No.58, Eldams road, Teynampet, Madurai, TN, IND, 600018
TVS Supply Chain Solutions Ltd is engaged in the business of providing supply chain solution services. The services provided by the company can be divided into the following segments; Integrated supply chain solutions, and Network Solutions. The maximum revenue is generated from the Integrated supply chain solutions segment which includes sourcing and procurement, integrated transportation, logistics operation centers, in-plant logistics operations, finished goods, aftermarket fulfillment, and supply chain consulting. Geographically, it derives revenue from India and the Rest of the world, of which a majority of its revenue is generated outside India from its customers located in Europe, Asia-Pacific, and North America.

TVS Supply Chain Solutions Headlines

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