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Gopal Snacks (BOM:544140) Cash Conversion Cycle : 0.00 (As of Sep. 2023)


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What is Gopal Snacks Cash Conversion Cycle?

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

Gopal Snacks's Days Sales Outstanding for the three months ended in Sep. 2023 was .
Gopal Snacks's Days Inventory for the three months ended in Sep. 2023 was .
Gopal Snacks's Days Payable for the three months ended in Sep. 2023 was .
Therefore, Gopal Snacks's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 0.00.


Gopal Snacks Cash Conversion Cycle Historical Data

The historical data trend for Gopal Snacks'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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Gopal Snacks Cash Conversion Cycle Chart

Gopal Snacks Annual Data
Trend Mar21 Mar22 Mar23
Cash Conversion Cycle
29.69 28.25 42.64

Gopal Snacks Quarterly Data
Mar21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle - - - - -

Competitive Comparison of Gopal Snacks's Cash Conversion Cycle

For the Packaged Foods subindustry, Gopal Snacks'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.


Gopal Snacks's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Gopal Snacks's Cash Conversion Cycle falls into.



Gopal Snacks 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.

Gopal Snacks'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
=3.34+42.29-2.99
=42.64

Gopal Snacks'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
=+-
=0.00

* 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.


Gopal Snacks  (BOM:544140) 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.


Gopal Snacks Cash Conversion Cycle Related Terms

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Gopal Snacks (BOM:544140) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Plot Nos. G2322, G2323 and G2324, GIDC Metoda, Taluka Lodhika, Rajkot, GJ, IND, 360021
Gopal Snacks Ltd is a fastmoving consumer goods company in India It offer a wide variety of savoury products under brand 'Gopal', including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, extruded snacks and snack pellets, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi.

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