Vigor Plast India (NSE:VIGOR) Cash Conversion Cycle: 39.34 (As of Mar. 2025)


NSE:VIGOR Vigor Plast India Ltd NSE:VIGOR
26 GF Score
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What is Vigor Plast India Cash Conversion Cycle?

Vigor Plast India NSE:VIGOR -4.96% 26 Cash Conversion Cycle is 39.34 as of Mar. 2025. GuruFocus rates NSE:VIGOR with a GF Score™ of 26/100. 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.

Vigor Plast India's Days Sales Outstanding for the six months ended in Mar. 2025 was 19.5.
Vigor Plast India's Days Inventory for the six months ended in Mar. 2025 was 105.61.
Vigor Plast India's Days Payable for the six months ended in Mar. 2025 was 85.77.
Therefore, Vigor Plast India's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2025 was 39.34.


Vigor Plast India  (NSE:VIGOR) 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.


Vigor Plast India Cash Conversion Cycle Related Terms


Vigor Plast India Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Vigor Plast 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.

Vigor Plast India Cash Conversion Cycle Chart

Vigor Plast India Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
22.97 12.59 22.98 39.34

Vigor Plast India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle 22.97 12.59 22.98 39.34

NSE:VIGOR vs TT, JCI, CARR: Cash Conversion Cycle Comparison

For the Building Products & Equipment subindustry, Vigor Plast 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.


Vigor Plast India Cash Conversion Cycle vs Construction Industry

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

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


NSE:VIGOR
26GF Score
Vigor Plast India Ltd NSE:VIGOR
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Vigor Plast 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.

Vigor Plast India's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=19.5+105.61-85.77
=39.34

Vigor Plast India's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=19.5+105.61-85.77
=39.34

* 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 39.34 mean?
Vigor Plast India (NSE:VIGOR) has a Cash Conversion Cycle of 39.34 as of Mar. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vigor Plast India and its competitors.
Is Vigor Plast India's Cash Conversion Cycle too high?
Vigor Plast India's current Cash Conversion Cycle is 39.34. The Construction industry median Cash Conversion Cycle is 55.82. Vigor Plast India's value of 39.34 is 29.5% below this industry median. Overall, Vigor Plast India has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Vigor Plast India's Cash Conversion Cycle compare to TT and JCI?
Vigor Plast India's Cash Conversion Cycle of 39.34 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. Vigor Plast India's value of 39.34 is 29.5% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, based on 1,762 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. Vigor Plast India's current Cash Conversion Cycle of 39.34 is 29.5% 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 Vigor Plast India and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vigor Plast India's current Cash Conversion Cycle is 39.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vigor Plast India stock overvalued right now?
Vigor Plast India (NSE:VIGOR) has a current Cash Conversion Cycle of 39.34. The current Cash Conversion Cycle is 39.34 and 29.5% below the Construction industry median of 55.82. Vigor Plast India's overall GF Score™ is 26/100 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 Vigor Plast India (NSE:VIGOR), the current Cash Conversion Cycle is 39.34 as of Mar. 2025. 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.

Vigor Plast India Business Description

Address Survey No. 640/3, Lalpur Road, Behind Gujarat Gas CNG Pump Godown Zone, Dared, Village: Chela, Jamnagar, GJ, IND, 361 006
Vigor Plast India Ltd is focused on the trading of PVC pipes and fittings. It is engaged in producing Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. It is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management. The company caters to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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