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GCM Commodity & Derivatives (BOM:535917) Cash Conversion Cycle : 857.81 (As of Mar. 2024)


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What is GCM Commodity & Derivatives Cash Conversion Cycle?

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

GCM Commodity & Derivatives's Days Sales Outstanding for the six months ended in Mar. 2024 was 779.04.
GCM Commodity & Derivatives's Days Inventory for the six months ended in Mar. 2024 was 143.71.
GCM Commodity & Derivatives's Days Payable for the six months ended in Mar. 2024 was 64.94.
Therefore, GCM Commodity & Derivatives's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 857.81.


GCM Commodity & Derivatives Cash Conversion Cycle Historical Data

The historical data trend for GCM Commodity & Derivatives'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.

GCM Commodity & Derivatives Cash Conversion Cycle Chart

GCM Commodity & Derivatives 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 60,143.13 - 78,595.08 - 1,294.63

GCM Commodity & Derivatives Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 97,978.09 - - 3,819.01 857.81

Competitive Comparison of GCM Commodity & Derivatives's Cash Conversion Cycle

For the Capital Markets subindustry, GCM Commodity & Derivatives'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.


GCM Commodity & Derivatives's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GCM Commodity & Derivatives's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where GCM Commodity & Derivatives's Cash Conversion Cycle falls into.



GCM Commodity & Derivatives 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.

GCM Commodity & Derivatives'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
=1158.4+223.87-87.64
=1,294.63

GCM Commodity & Derivatives'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
=779.04+143.71-64.94
=857.81

* 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.


GCM Commodity & Derivatives  (BOM:535917) 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.


GCM Commodity & Derivatives Cash Conversion Cycle Related Terms

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GCM Commodity & Derivatives (BOM:535917) Business Description

Traded in Other Exchanges
N/A
Address
214 Free Press Journal Marg, 805, Raheja Centre, Nariman Point, Mumbai, MH, IND, 400021
GCM Commodity & Derivatives Ltd is an Indian company engaged in the business of trading and investments in equity shares and securities. The company carries out its trading and investment activities in both the FNO and Equity segments of the National Stock Exchange and Bombay Stock Exchange. It is engaged in the business of investing in National spot exchange limited (NSEL) investment products for arbitrage opportunities and commodity broking. The company also provides commodity broking facilities through its membership in NSEL. The Company is also in the money lending business.

GCM Commodity & Derivatives (BOM:535917) Headlines

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