Unilex Colours and Chemicals (NSE:UNILEX) Cash Conversion Cycle: 102.94 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:UNILEX Unilex Colours and Chemicals Ltd NSE:UNILEX
14 GF Score
Price ₹25.50
! 6 Warning Signs
View Full Analysis

What is Unilex Colours and Chemicals Cash Conversion Cycle?

Unilex Colours and Chemicals NSE:UNILEX +2.00% 14 Cash Conversion Cycle is 102.94 as of Mar. 2026. GuruFocus rates NSE:UNILEX with a GF Score™ of 14/100. The stock has 6 warning signs investors should review.

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

Unilex Colours and Chemicals's Days Sales Outstanding for the six months ended in Mar. 2026 was 115.36.
Unilex Colours and Chemicals's Days Inventory for the six months ended in Mar. 2026 was 46.22.
Unilex Colours and Chemicals's Days Payable for the six months ended in Mar. 2026 was 58.64.
Therefore, Unilex Colours and Chemicals's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 102.94.


Unilex Colours and Chemicals  (NSE:UNILEX) 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.


Unilex Colours and Chemicals Cash Conversion Cycle Related Terms


Unilex Colours and Chemicals Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Unilex Colours and Chemicals'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.

Unilex Colours and Chemicals Cash Conversion Cycle Chart

Unilex Colours and Chemicals Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
43.89 52.18 70.03 89.92 121.77

Unilex Colours and Chemicals Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial 0.00 79.93 98.94 106.24 102.94

NSE:UNILEX vs LIN, SHW, ECL: Cash Conversion Cycle Comparison

For the Specialty Chemicals subindustry, Unilex Colours and Chemicals'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.


Unilex Colours and Chemicals Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Unilex Colours and Chemicals's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Unilex Colours and Chemicals's Cash Conversion Cycle falls into.


NSE:UNILEX
14GF Score
Unilex Colours and Chemicals Ltd NSE:UNILEX
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unilex Colours and Chemicals 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.

Unilex Colours and Chemicals's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=121.75+49.91-49.89
=121.77

Unilex Colours and Chemicals's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=115.36+46.22-58.64
=102.94

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 102.94 mean?
Unilex Colours and Chemicals (NSE:UNILEX) has a Cash Conversion Cycle of 102.94 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Unilex Colours and Chemicals and its competitors.
Is Unilex Colours and Chemicals' Cash Conversion Cycle too high?
Unilex Colours and Chemicals' current Cash Conversion Cycle is 102.94. The Chemicals industry median Cash Conversion Cycle is 89.14. Unilex Colours and Chemicals' value of 102.94 is 15.5% above this industry median. Overall, Unilex Colours and Chemicals has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Unilex Colours and Chemicals' Cash Conversion Cycle compare to LIN and SHW?
Unilex Colours and Chemicals' Cash Conversion Cycle of 102.94 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.14. Unilex Colours and Chemicals' value of 102.94 is 15.5% 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 a Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.14, based on 1,578 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. Unilex Colours and Chemicals's current Cash Conversion Cycle of 102.94 is 15.5% 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 Unilex Colours and Chemicals and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unilex Colours and Chemicals's current Cash Conversion Cycle is 102.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilex Colours and Chemicals stock overvalued right now?
Unilex Colours and Chemicals (NSE:UNILEX) has a current Cash Conversion Cycle of 102.94. The current Cash Conversion Cycle is 102.94 and 15.5% above the Chemicals industry median of 89.14. Unilex Colours and Chemicals' overall GF Score™ is 14/100 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 Unilex Colours and Chemicals (NSE:UNILEX), the current Cash Conversion Cycle is 102.94 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.

Unilex Colours and Chemicals Business Description

Address Chincholi Bunder Road, 106-107, Advent Atria, Malad West, Mumbai, MH, IND, 400064
Unilex Colours and Chemicals Ltd is engaged in the business of manufacturing pigments and the trading of chemicals and food colours. The pigments manufactured by the company have diverse applications across various industries, including plastics, rubber, textiles, paper, printing inks, paints, and coatings. The company manufactures and trades multiple pigments such as pigment green 7, middle chrome, lemon chrome, pigment violet 3, 23, and 27, ultramarine blue, etc, as well as food colours such as tartrazine, sunset yellow, allura red, ponceau 4R, carmoisine, and brilliant blue, etc. Geographically, it caters to the Indian market, also exports its products to Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Malaysia, Thailand, Uzbekistan, and other regions.
14GF Score

Get the complete analysis for NSE:UNILEX

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹25.50
Price