GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lords Chloro Alkali Ltd (BOM:500284) » Definitions » Cash Conversion Cycle

Lords Chloro Alkali (BOM:500284) Cash Conversion Cycle : 114.35 (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Lords Chloro Alkali Cash Conversion Cycle?

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

Lords Chloro Alkali's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.55.
Lords Chloro Alkali's Days Inventory for the three months ended in Mar. 2024 was 129.12.
Lords Chloro Alkali's Days Payable for the three months ended in Mar. 2024 was 52.32.
Therefore, Lords Chloro Alkali's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 114.35.


Lords Chloro Alkali Cash Conversion Cycle Historical Data

The historical data trend for Lords Chloro Alkali'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.

Lords Chloro Alkali Cash Conversion Cycle Chart

Lords Chloro Alkali 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 160.92 307.27 167.14 116.96 117.92

Lords Chloro Alkali 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 123.05 116.81 177.21 108.31 114.35

Competitive Comparison of Lords Chloro Alkali's Cash Conversion Cycle

For the Chemicals subindustry, Lords Chloro Alkali'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.


Lords Chloro Alkali's Cash Conversion Cycle Distribution in the Chemicals Industry

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

* The bar in red indicates where Lords Chloro Alkali's Cash Conversion Cycle falls into.



Lords Chloro Alkali 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.

Lords Chloro Alkali'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
=31.3+121.79-35.17
=117.92

Lords Chloro Alkali'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
=37.55+129.12-52.32
=114.35

* 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.


Lords Chloro Alkali  (BOM:500284) 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.


Lords Chloro Alkali Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Lords Chloro Alkali's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Lords Chloro Alkali (BOM:500284) Business Description

Traded in Other Exchanges
Address
Defence Colony, A-264, 1st Floor, New Delhi, IND, 110024
Lords Chloro Alkali Ltd is engaged in the business of manufacturing caustic soda. The product consists of Caustic soda, Liquid chlorine, Hydrochloric acid, Calcium hypo chloride- bleach liquor, Stable bleaching powder, Trichloroethylene, and Hydrogen gas. The company supplies its products to most of the paper, soap, dyes, chemicals, and plastic industries based in the western parts of Uttar Pradesh, Haryana, Punjab, Rajasthan, and Delhi.

Lords Chloro Alkali (BOM:500284) Headlines

No Headlines