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Jayant Infratech (BOM:543544) Cash Conversion Cycle : 87.67 (As of Sep. 2023)


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What is Jayant Infratech Cash Conversion Cycle?

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

Jayant Infratech's Days Sales Outstanding for the six months ended in Sep. 2023 was 43.83.
Jayant Infratech's Days Inventory for the six months ended in Sep. 2023 was 94.72.
Jayant Infratech's Days Payable for the six months ended in Sep. 2023 was 50.88.
Therefore, Jayant Infratech's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 87.67.


Jayant Infratech Cash Conversion Cycle Historical Data

The historical data trend for Jayant Infratech'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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Jayant Infratech Cash Conversion Cycle Chart

Jayant Infratech Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
36.14 21.85 17.57 41.35 92.39

Jayant Infratech Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial - - 68.81 77.36 87.67

Competitive Comparison of Jayant Infratech's Cash Conversion Cycle

For the Railroads subindustry, Jayant Infratech'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.


Jayant Infratech's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jayant Infratech's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Jayant Infratech's Cash Conversion Cycle falls into.



Jayant Infratech 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.

Jayant Infratech'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
=46.99+111.23-65.83
=92.39

Jayant Infratech'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
=43.83+94.72-50.88
=87.67

* 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.


Jayant Infratech  (BOM:543544) 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.


Jayant Infratech Cash Conversion Cycle Related Terms

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Jayant Infratech (BOM:543544) Business Description

Traded in Other Exchanges
N/A
Address
Mangal Smriti, Bajpai Ground, Tilak Nagar, Bilaspur, CT, IND, 495001
Jayant Infratech Ltd is engaged in the field of Railway Infrastructure Development involving the design, drawing supply, erection, and commissioning sector of India. It encompasses the electrification of new & existing Railway tracks. Its services include concept to commissioning of Railway Infrastructure right from design to energization. It has only one reportable Business Segment, which is the Sale of services relating to works contracts.

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