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Naturo Indiabull (BOM:543579) Cash Conversion Cycle : 101.06 (As of Sep. 2023)


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What is Naturo Indiabull Cash Conversion Cycle?

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

Naturo Indiabull's Days Sales Outstanding for the six months ended in Sep. 2023 was 96.68.
Naturo Indiabull's Days Inventory for the six months ended in Sep. 2023 was 51.3.
Naturo Indiabull's Days Payable for the six months ended in Sep. 2023 was 46.92.
Therefore, Naturo Indiabull's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 101.06.


Naturo Indiabull Cash Conversion Cycle Historical Data

The historical data trend for Naturo Indiabull'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.

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Naturo Indiabull Cash Conversion Cycle Chart

Naturo Indiabull Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
264.32 346.90 267.65 256.88

Naturo Indiabull Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial - - 337.58 249.70 101.06

Competitive Comparison of Naturo Indiabull's Cash Conversion Cycle

For the Household & Personal Products subindustry, Naturo Indiabull'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.


Naturo Indiabull's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Naturo Indiabull's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Naturo Indiabull's Cash Conversion Cycle falls into.



Naturo Indiabull 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.

Naturo Indiabull's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=135.49+126.96-5.57
=256.88

Naturo Indiabull's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=96.68+51.3-46.92
=101.06

* 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.


Naturo Indiabull  (BOM:543579) 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.


Naturo Indiabull Cash Conversion Cycle Related Terms

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Naturo Indiabull (BOM:543579) Business Description

Traded in Other Exchanges
N/A
Address
200 Feet Bye-Pass, 1st Floor, 51, Lohiya Colony, Vaishali Nagar, Jaipur, RJ, IND, 302021
Naturo Indiabull Ltd is in the business of the fast-moving consumer goods industry. The brand purchases a variety of products from manufacturers and sells them in its own brand directly to wholesellers and through agents. It carries on the business of garments, textiles, jewellery, FMCG, Real Estate, Stone-Mines, Herbal Products, Automobile, Printing, Share Trading, providing education, Agriculture Seeds and Fertilizers, Hospitality, and Food items. It also trades in various health products and kits including sanitary towels, sanitary napkins, hand sanitiser, and other health kits.

Naturo Indiabull (BOM:543579) Headlines

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