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Uma Converter (NSE:UMA) Cash Conversion Cycle : 154.78 (As of Mar. 2024)


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What is Uma Converter Cash Conversion Cycle?

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

Uma Converter's Days Sales Outstanding for the six months ended in Mar. 2024 was 50.68.
Uma Converter's Days Inventory for the six months ended in Mar. 2024 was 158.24.
Uma Converter's Days Payable for the six months ended in Mar. 2024 was 54.14.
Therefore, Uma Converter's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 154.78.


Uma Converter Cash Conversion Cycle Historical Data

The historical data trend for Uma Converter'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.

* Premium members only.

Uma Converter Cash Conversion Cycle Chart

Uma Converter Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
116.49 91.92 108.50 148.90 165.09

Uma Converter Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial - 152.80 148.80 178.75 154.78

Competitive Comparison of Uma Converter's Cash Conversion Cycle

For the Packaging & Containers subindustry, Uma Converter'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.


Uma Converter's Cash Conversion Cycle Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Uma Converter's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Uma Converter's Cash Conversion Cycle falls into.



Uma Converter 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.

Uma Converter'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
=48.57+167.01-50.49
=165.09

Uma Converter's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=50.68+158.24-54.14
=154.78

* 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.


Uma Converter  (NSE:UMA) 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.


Uma Converter Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Uma Converter's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Uma Converter Business Description

Traded in Other Exchanges
N/A
Address
Santej Road, Block No. 868, Near CNG Petrol Pump, Village-Santej, Taluka- Kalol, Gandhinagar, GJ, IND, 382721
Uma Converter Ltd is a manufacturer and exporter of flexible packaging material offering a wide range of customized packaging solutions for various industries such as food, beverages, pharmaceuticals, personal care, and many more. The product portfolio largely consists of multi-color pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bags, e-commerce bags, and others.

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