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Cosmic CRF (BOM:543928) Cash Conversion Cycle : 52.54 (As of Mar. 2024)


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What is Cosmic CRF Cash Conversion Cycle?

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

Cosmic CRF's Days Sales Outstanding for the six months ended in Mar. 2024 was 33.56.
Cosmic CRF's Days Inventory for the six months ended in Mar. 2024 was 51.14.
Cosmic CRF's Days Payable for the six months ended in Mar. 2024 was 32.16.
Therefore, Cosmic CRF's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 52.54.


Cosmic CRF Cash Conversion Cycle Historical Data

The historical data trend for Cosmic CRF'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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Cosmic CRF Cash Conversion Cycle Chart

Cosmic CRF Annual Data
Trend Mar22 Mar23 Mar24
Cash Conversion Cycle
-766.00 51.27 36.43

Cosmic CRF Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24
Cash Conversion Cycle - -1.02 10.87 27.60 52.54

Competitive Comparison of Cosmic CRF's Cash Conversion Cycle

For the Railroads subindustry, Cosmic CRF'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.


Cosmic CRF's Cash Conversion Cycle Distribution in the Transportation Industry

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

* The bar in red indicates where Cosmic CRF's Cash Conversion Cycle falls into.



Cosmic CRF 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.

Cosmic CRF'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
=28.49+44.61-36.67
=36.43

Cosmic CRF'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
=33.56+51.14-32.16
=52.54

* 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.


Cosmic CRF  (BOM:543928) 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.


Cosmic CRF Cash Conversion Cycle Related Terms

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Cosmic CRF (BOM:543928) Business Description

Traded in Other Exchanges
N/A
Address
19, Monohar Pukur Road, Kolkata, WB, IND, 700 029
Cosmic CRF Ltd engages in the manufacture and trade of railway components, cold rolled formed sections, forged items, non-forged items, steel plates and coils, tubes, and any other allied components and products for the railways, wagons locomotives, bogies, automobiles, passenger coaches, metro rail, and defense equipment.

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