Z-Tech (India) (NSE:ZTECH) Cash Conversion Cycle: 69.59 (As of Mar. 2026)


NSE:ZTECH Z-Tech (India) Ltd NSE:ZTECH
47 GF Score
Price ₹590.30
! 7 Warning Signs
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What is Z-Tech (India) Cash Conversion Cycle?

Z-Tech (India) NSE:ZTECH -0.62% 47 Cash Conversion Cycle is 69.59 as of Mar. 2026. GuruFocus rates NSE:ZTECH with a GF Score™ of 47/100. The stock has 7 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.

Z-Tech (India)'s Days Sales Outstanding for the three months ended in Mar. 2026 was 145.76.
Z-Tech (India)'s Days Inventory for the three months ended in Mar. 2026 was 10.5.
Z-Tech (India)'s Days Payable for the three months ended in Mar. 2026 was 86.67.
Therefore, Z-Tech (India)'s Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 69.59.


Z-Tech (India)  (NSE:ZTECH) 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.


Z-Tech (India) Cash Conversion Cycle Related Terms


Z-Tech (India) Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Z-Tech (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.

Z-Tech (India) Cash Conversion Cycle Chart

Z-Tech (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial 16.52 -2.79 23.26 19.82 66.98

Z-Tech (India) Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.86 0.00 3.45 18.68 69.59

NSE:ZTECH vs PG, CL, KVUE: Cash Conversion Cycle Comparison

For the Household & Personal Products subindustry, Z-Tech (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.


Z-Tech (India) Cash Conversion Cycle vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Z-Tech (India)'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Z-Tech (India)'s Cash Conversion Cycle falls into.


NSE:ZTECH
47GF Score
Z-Tech (India) Ltd NSE:ZTECH
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Z-Tech (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.

Z-Tech (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
=165.01+11.69-109.72
=66.98

Z-Tech (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
=145.76+10.5-86.67
=69.59

* 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 69.59 mean?
Z-Tech (India) (NSE:ZTECH) has a Cash Conversion Cycle of 69.59 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Z-Tech (India) and its competitors.
Is Z-Tech (India)'s Cash Conversion Cycle too high?
Z-Tech (India)'s current Cash Conversion Cycle is 69.59. The Consumer Packaged Goods industry median Cash Conversion Cycle is 75.52. Z-Tech (India)'s value of 69.59 is 7.9% below this industry median. Overall, Z-Tech (India) has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Z-Tech (India)'s Cash Conversion Cycle compare to PG and CL?
Z-Tech (India)'s Cash Conversion Cycle of 69.59 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 75.52. Z-Tech (India)'s value of 69.59 is 7.9% 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 Consumer Packaged Goods company?
The median Cash Conversion Cycle among Consumer Packaged Goods companies is 75.52, based on 1,941 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. Z-Tech (India)'s current Cash Conversion Cycle of 69.59 is 7.9% 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 Z-Tech (India) and its competitors. For the Consumer Packaged Goods industry, the median Cash Conversion Cycle is 75.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Z-Tech (India)'s current Cash Conversion Cycle is 69.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Z-Tech (India) stock overvalued right now?
Z-Tech (India) (NSE:ZTECH) has a current Cash Conversion Cycle of 69.59. The current Cash Conversion Cycle is 69.59 and 7.9% below the Consumer Packaged Goods industry median of 75.52. Z-Tech (India)'s overall GF Score™ is 47/100 with 7 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 Z-Tech (India) (NSE:ZTECH), the current Cash Conversion Cycle is 69.59 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.

Z-Tech (India) Business Description

Address Plot 140, Khasra No. 249, Mangla Puri, Gadaipur, South-West Delhi, New Delhi, IND, 110030
Z-Tech (India) Ltd is engaged in designing civil engineering products and services with a state of the art specialty in Geo-technical Specialised Solutions in the field of infrastructure and civil construction projects in India. The company is engaged in providing innovative, safe and eco-friendly engineering solutions. These solutions include three categories: Sustainable Theme Park Development, Industrial Waste Water Management and Geo Technical Specialised Solutions. Its business segments include trading of Circular Knitting Needle & other items except solar related items and Manufacturing, trading and application of Solar Panel etc. Key revenue is generated from Circular Knitting Needle & other items except solar related items.
47GF Score

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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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