Vikas EcoTech (NSE:VIKASECO) Cash Conversion Cycle: 90.28 (As of Mar. 2026)

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NSE:VIKASECO Vikas EcoTech Ltd NSE:VIKASECO
74 GF Score
Price ₹1.22
GF Value ₹2.83
Valuation Possible Value Trap
! 5 Warning Signs
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What is Vikas EcoTech Cash Conversion Cycle?

Vikas EcoTech NSE:VIKASECO +0.83% 74 Cash Conversion Cycle is 90.28 as of Mar. 2026. GuruFocus rates NSE:VIKASECO with a GF Score™ of 74/100 and a GF Value™ of ₹2.83 (Possible Value Trap). The stock has 5 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.

Vikas EcoTech's Days Sales Outstanding for the three months ended in Mar. 2026 was 99.41.
Vikas EcoTech's Days Inventory for the three months ended in Mar. 2026 was 34.57.
Vikas EcoTech's Days Payable for the three months ended in Mar. 2026 was 43.7.
Therefore, Vikas EcoTech's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 90.28.


Vikas EcoTech  (NSE:VIKASECO) 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.


Vikas EcoTech Cash Conversion Cycle Related Terms


Vikas EcoTech Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Vikas EcoTech'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.

Vikas EcoTech Cash Conversion Cycle Chart

Vikas EcoTech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279.08 163.54 168.73 85.68 105.46

Vikas EcoTech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 79.70 78.81 142.32 134.00 90.28

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

For the Specialty Chemicals subindustry, Vikas EcoTech'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.


Vikas EcoTech Cash Conversion Cycle vs Chemicals Industry

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

* The bar in red indicates where Vikas EcoTech's Cash Conversion Cycle falls into.


NSE:VIKASECO
74GF Score
Vikas EcoTech Ltd NSE:VIKASECO
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Vikas EcoTech 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.

Vikas EcoTech'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
=122.92+47.4-64.86
=105.46

Vikas EcoTech'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
=99.41+34.57-43.7
=90.28

* 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 90.28 mean?
Vikas EcoTech (NSE:VIKASECO) has a Cash Conversion Cycle of 90.28 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vikas EcoTech and its competitors.
Is Vikas EcoTech's Cash Conversion Cycle too high?
Vikas EcoTech's current Cash Conversion Cycle is 90.28. The Chemicals industry median Cash Conversion Cycle is 89.43. Vikas EcoTech's value of 90.28 is 1% above this industry median. Overall, Vikas EcoTech has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vikas EcoTech's Cash Conversion Cycle compare to LIN and SHW?
Vikas EcoTech's Cash Conversion Cycle of 90.28 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.43. Vikas EcoTech's value of 90.28 is 1% 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 89.43, 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. Vikas EcoTech's current Cash Conversion Cycle of 90.28 is 1% 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 Vikas EcoTech and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikas EcoTech's current Cash Conversion Cycle is 90.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vikas EcoTech stock overvalued right now?
Based on GuruFocus' analysis, Vikas EcoTech (NSE:VIKASECO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2.83, compared to a current price of ₹1.22 — trading 56.9% below its estimated fair value. The current Cash Conversion Cycle is 90.28 and 1% above the Chemicals industry median of 89.43. Vikas EcoTech's overall GF Score™ is 74/100 with 5 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 Vikas EcoTech (NSE:VIKASECO), the current Cash Conversion Cycle is 90.28 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.

Is Vikas EcoTech (NSE:VIKASECO) Overvalued in 2026?

Based on GuruFocus' analysis, Vikas EcoTech stock appears to be undervalued. The current stock price of ₹1.22 is trading 56.9% below its estimated GF Value™ of ₹2.83. GuruFocus considers Vikas EcoTech to be Possible Value Trap.

Key valuation signals for NSE:VIKASECO:

  • Cash Conversion Cycle: 90.28
  • GF Value™: ₹2.83 vs. price of ₹1.22 (56.9% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 1% above the Chemicals median

No single metric tells the full story. See the NSE:VIKASECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vikas EcoTech Business Description

Other Exchanges 530961:India
Address 34/1, Vikas Apartments, East Punjabi Bagh, New Delhi, IND, 110026
Vikas EcoTech Ltd is a specialty chemicals company. The company is engaged in the business of manufacturing and distribution of specialty additives including agrochemicals and rubber-plastic and polymer compounds. The Company has identified three business segments which are Infra & Energy, Chemical, Polymers & Special Additives. Its polymer compounds offering includes thermoplastic rubber (TPR), thermoplastic elastomer (TPE), Ethylene Vinyl Acetate (EVA), impact modifiers, Polyethylene (PE), and Polypropylene (PP).
74GF Score

Get the complete analysis for NSE:VIKASECO

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

₹1.22
Price
₹2.83
GF Value