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Rallis India (BOM:500355) Cash Conversion Cycle : 200.29 (As of Mar. 2024)


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What is Rallis India Cash Conversion Cycle?

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

Rallis India's Days Sales Outstanding for the three months ended in Mar. 2024 was 125.66.
Rallis India's Days Inventory for the three months ended in Mar. 2024 was 289.76.
Rallis India's Days Payable for the three months ended in Mar. 2024 was 215.13.
Therefore, Rallis India's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 200.29.


Rallis India Cash Conversion Cycle Historical Data

The historical data trend for Rallis 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.

Rallis India Cash Conversion Cycle Chart

Rallis 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 99.54 92.81 99.37 94.77 122.16

Rallis 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 136.60 97.00 94.12 131.74 200.29

Competitive Comparison of Rallis India's Cash Conversion Cycle

For the Agricultural Inputs subindustry, Rallis 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.


Rallis India's Cash Conversion Cycle Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Rallis India's Cash Conversion Cycle distribution charts can be found below:

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



Rallis 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.

Rallis 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
=74.71+184.04-136.59
=122.16

Rallis 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
=125.66+289.76-215.13
=200.29

* 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.


Rallis India  (BOM:500355) 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.


Rallis India Cash Conversion Cycle Related Terms

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Rallis India (BOM:500355) Business Description

Traded in Other Exchanges
Address
Off Eastern Freeway, 23rd Floor, Lodha Excelus, New Cuffe Parade, Wadala, Mumbai, MH, IND, 400 037
Rallis India Ltd manufactures and sells crop protection products, seeds, plant growth nutrients, and agriculture related services to the agriculture industry. The company has two reporting segments-Agri-Inputs and Others. The Agri-Inputs segment, which generates the vast majority of revenue, includes fertilizers, pesticides, insecticides, herbicides, fungicides, plant growth nutrients, and seeds. The Others segment consists of the manufacture and sale of plastics and polymers. The vast majority of revenue is generated in India.

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