V-Marc India (NSE:VMARCIND) Cash Conversion Cycle: 36.34 (As of Mar. 2026)


NSE:VMARCIND V-Marc India Ltd NSE:VMARCIND
73 GF Score
Price ₹1,546.35
GF Value ₹910.24
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is V-Marc India Cash Conversion Cycle?

V-Marc India NSE:VMARCIND -0.89% 73 Cash Conversion Cycle is 36.34 as of Mar. 2026. GuruFocus rates NSE:VMARCIND with a GF Score™ of 73/100 and a GF Value™ of ₹910.24 (Significantly Overvalued). 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.

V-Marc India's Days Sales Outstanding for the six months ended in Mar. 2026 was 60.3.
V-Marc India's Days Inventory for the six months ended in Mar. 2026 was 48.12.
V-Marc India's Days Payable for the six months ended in Mar. 2026 was 72.08.
Therefore, V-Marc India's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 36.34.


V-Marc India  (NSE:VMARCIND) 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.


V-Marc India Cash Conversion Cycle Related Terms


V-Marc India Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for V-Marc 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.

V-Marc India Cash Conversion Cycle Chart

V-Marc India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 165.84 133.07 59.61 63.83 42.49

V-Marc India Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 58.85 56.85 51.52 57.95 36.34

NSE:VMARCIND vs VRT, BE: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, V-Marc 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.


V-Marc India Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, V-Marc India's Cash Conversion Cycle distribution charts can be found below:

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


NSE:VMARCIND
73GF Score
V-Marc India Ltd NSE:VMARCIND
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

V-Marc 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.

V-Marc India'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
=71.53+52.37-81.41
=42.49

V-Marc India'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
=60.3+48.12-72.08
=36.34

* 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 36.34 mean?
V-Marc India (NSE:VMARCIND) has a Cash Conversion Cycle of 36.34 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on V-Marc India and its competitors.
Is V-Marc India's Cash Conversion Cycle too high?
V-Marc India's current Cash Conversion Cycle is 36.34. The Industrial Products industry median Cash Conversion Cycle is 122.24. V-Marc India's value of 36.34 is 70.3% below this industry median. Overall, V-Marc India has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does V-Marc India's Cash Conversion Cycle compare to VRT and BE?
V-Marc India's Cash Conversion Cycle of 36.34 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.24. V-Marc India's value of 36.34 is 70.3% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.24, based on 3,031 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. V-Marc India's current Cash Conversion Cycle of 36.34 is 70.3% 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 V-Marc India and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Marc India's current Cash Conversion Cycle is 36.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Marc India stock overvalued right now?
Based on GuruFocus' analysis, V-Marc India (NSE:VMARCIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹910.24, compared to a current price of ₹1,546.35 — trading 69.9% above its estimated fair value. The current Cash Conversion Cycle is 36.34 and 70.3% below the Industrial Products industry median of 122.24. V-Marc India's overall GF Score™ is 73/100 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 V-Marc India (NSE:VMARCIND), the current Cash Conversion Cycle is 36.34 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 V-Marc India (NSE:VMARCIND) Overvalued in 2026?

Based on GuruFocus' analysis, V-Marc India stock appears to be overvalued. The current stock price of ₹1,546.35 is trading 69.9% above its estimated GF Value™ of ₹910.24. GuruFocus considers V-Marc India to be Significantly Overvalued.

Key valuation signals for NSE:VMARCIND:

  • Cash Conversion Cycle: 36.34
  • GF Value™: ₹910.24 vs. price of ₹1,546.35 (69.9% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 70.3% below the Industrial Products median

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


V-Marc India Business Description

Address Plot No. 3, 4, 18, 20A, Sector IIDC, SIDCUL, Haridwar, UT, IND, 249403
V-Marc India Ltd is engaged in the business of manufacturing and marketing wires and cables under the brand name of V-Marc. The company manufactures and sells a diversified range of wires and cables such as single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, aerial bunched cables, and others. It is a Specialised Control and instrumentation cable company offering a wide range of cable products to multiple industries. Geographically, it operates in India.
73GF Score

Get the complete analysis for NSE:VMARCIND

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

₹1,546.35
Price
₹910.24
GF Value