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Whirlpool of India (NSE:WHIRLPOOL) Cash Conversion Cycle : 2.73 (As of Mar. 2024)


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What is Whirlpool of India Cash Conversion Cycle?

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

Whirlpool of India's Days Sales Outstanding for the three months ended in Mar. 2024 was 17.87.
Whirlpool of India's Days Inventory for the three months ended in Mar. 2024 was 101.91.
Whirlpool of India's Days Payable for the three months ended in Mar. 2024 was 117.05.
Therefore, Whirlpool of India's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 2.73.


Whirlpool of India Cash Conversion Cycle Historical Data

The historical data trend for Whirlpool of 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.

Whirlpool of India Cash Conversion Cycle Chart

Whirlpool of India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.41 -9.24 -0.19 11.58 7.98

Whirlpool of India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.08 10.85 27.27 26.79 2.73

Competitive Comparison of Whirlpool of India's Cash Conversion Cycle

For the Furnishings, Fixtures & Appliances subindustry, Whirlpool of 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.


Whirlpool of India's Cash Conversion Cycle Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Whirlpool of India's Cash Conversion Cycle distribution charts can be found below:

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



Whirlpool of 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.

Whirlpool of India's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=20.66+109.89-122.57
=7.98

Whirlpool of India's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=17.87+101.91-117.05
=2.73

* 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.


Whirlpool of India  (NSE:WHIRLPOOL) 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.


Whirlpool of India Cash Conversion Cycle Related Terms

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Whirlpool of India (NSE:WHIRLPOOL) Business Description

Traded in Other Exchanges
Address
Plot No. 40, Sector-44, Whirlpool House, Gurugram, HR, IND, 122 002
Whirlpool of India Ltd is an India-based company that is principally engaged in producing and selling major home appliances. Its products consist of refrigerators, washing machines, air conditioners, water purifiers, microwave ovens, small domestic appliances, built-in appliances, and others. The Company's operations predominantly comprise of only one segment i.e. Home Appliances. The company also offers services to customers. The company generates the majority of total revenue from the Indian domestic market, with the rest from overseas markets. The company is headquartered in Gurgaon.

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