GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rashi Peripherals Ltd (NSE:RPTECH) » Definitions » Cash Conversion Cycle

Rashi Peripherals (NSE:RPTECH) Cash Conversion Cycle : 0.00 (As of Sep. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Rashi Peripherals Cash Conversion Cycle?

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

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


Rashi Peripherals Cash Conversion Cycle Historical Data

The historical data trend for Rashi Peripherals'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.

Rashi Peripherals Cash Conversion Cycle Chart

Rashi Peripherals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
42.57 35.55 37.68 51.52

Rashi Peripherals Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial - - - - -

Competitive Comparison of Rashi Peripherals's Cash Conversion Cycle

For the Electronics & Computer Distribution subindustry, Rashi Peripherals'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.


Rashi Peripherals's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rashi Peripherals's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Rashi Peripherals's Cash Conversion Cycle falls into.



Rashi Peripherals 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.

Rashi Peripherals'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
=39.07+55.13-42.68
=51.52

Rashi Peripherals'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.


Rashi Peripherals  (NSE:RPTECH) 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.


Rashi Peripherals Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Rashi Peripherals's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Rashi Peripherals (NSE:RPTECH) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Website
Rashi Peripherals Ltd is a distributor of information and communications technology ("ICT") products. It operates two business verticals: Personal Computing, Enterprise and Cloud Solutions ("PES"): Under this vertical it distributes personal computing devices, enterprise solutions, embedded designs/ products and cloud computing, and Lifestyle and IT essentials ("LIT"): This includes the distribution of products such as (i) components that include graphic cards, central processing units ("CPUs") and motherboards; (ii) storage and memory devices, etc. It operates in a single operating segment namely, computer systems, software and peripherals, mobiles, and cloud services.

Rashi Peripherals (NSE:RPTECH) Headlines

No Headlines