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Univastu India (NSE:UNIVASTU) Cash Conversion Cycle : -78.83 (As of Dec. 2023)


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What is Univastu India Cash Conversion Cycle?

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

Univastu India's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.28.
Univastu India's Days Inventory for the three months ended in Dec. 2023 was 0.
Univastu India's Days Payable for the three months ended in Dec. 2023 was 115.11.
Therefore, Univastu India's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was -78.83.


Univastu India Cash Conversion Cycle Historical Data

The historical data trend for Univastu India'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.

Univastu India Cash Conversion Cycle Chart

Univastu India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.71 110.72 468.63 366.53 -2.10

Univastu India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.72 -4.90 -10.59 -98.24 -78.83

Competitive Comparison of Univastu India's Cash Conversion Cycle

For the Engineering & Construction subindustry, Univastu India'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.


Univastu India's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, Univastu India's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Univastu India's Cash Conversion Cycle falls into.



Univastu India 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.

Univastu India's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=86.81+0-88.91
=-2.10

Univastu India's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=36.28+0-115.11
=-78.83

* 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.


Univastu India  (NSE:UNIVASTU) 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.


Univastu India Cash Conversion Cycle Related Terms

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Univastu India (NSE:UNIVASTU) Business Description

Traded in Other Exchanges
N/A
Address
Paud Road, Shivtirth Nagar, Bungalow No. 36/B, C.T.S. No. 994 and 945 (S. No. 117 and 118), Madhav Baug, Kothrud, Pune, MH, IND, 411038
Univastu India Ltd is an infrastructure, construction, and regeneration company. It provides integrated engineering, procurement, and construction services (EPC) for civil and structural construction and infrastructure sector projects. The company is also engaged in the trading of construction materials such as steel, cement, and electrical materials. It focuses on Civil construction projects, which include structures such as Metro Stations, Sports Complex projects, Hospitals, multipurpose halls, commercial structures, Hospitals, Cold storage, Educational Institutions, mass housing projects; Water supply and drainage; roads and bridges, and major and Minor irrigation projects. The company derives its key revenue from receipts from infrastructure contracts.

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