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Kalahridhaan Trendz (NSE:KTL) Cash Conversion Cycle : 182.01 (As of Sep. 2023)


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What is Kalahridhaan Trendz Cash Conversion Cycle?

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

Kalahridhaan Trendz's Days Sales Outstanding for the six months ended in Sep. 2023 was 116.44.
Kalahridhaan Trendz's Days Inventory for the six months ended in Sep. 2023 was 122.6.
Kalahridhaan Trendz's Days Payable for the six months ended in Sep. 2023 was 57.03.
Therefore, Kalahridhaan Trendz's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 182.01.


Kalahridhaan Trendz Cash Conversion Cycle Historical Data

The historical data trend for Kalahridhaan Trendz'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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Kalahridhaan Trendz Cash Conversion Cycle Chart

Kalahridhaan Trendz Annual Data
Trend Mar21 Mar22 Mar23
Cash Conversion Cycle
107.82 101.25 138.54

Kalahridhaan Trendz Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Cash Conversion Cycle - - - 182.01

Competitive Comparison of Kalahridhaan Trendz's Cash Conversion Cycle

For the Textile Manufacturing subindustry, Kalahridhaan Trendz'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.


Kalahridhaan Trendz's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kalahridhaan Trendz's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Kalahridhaan Trendz's Cash Conversion Cycle falls into.



Kalahridhaan Trendz 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.

Kalahridhaan Trendz'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
=101.71+107.99-71.16
=138.54

Kalahridhaan Trendz'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
=116.44+122.6-57.03
=182.01

* 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.


Kalahridhaan Trendz  (NSE:KTL) 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.


Kalahridhaan Trendz Cash Conversion Cycle Related Terms

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Kalahridhaan Trendz Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Near Narol Cross Road, 57, Ashra Industrial Estate, Behind Mahalaxmi Fabrics, Narol, Ahmedabad, GJ, IND, 382405
Kalahridhaan Trendz Ltd is engaged mainly in the business of manufacturing and trading of Fabric with embroidery works, Trading of grey cloths, purchase of grey cloth and printing and dyeing for preparing suiting, shirting and dress materials for sale in the B2B market only. It is preparing the suiting, shirting & dress material products and focuses on the wholesale market. It is the first stage wholesalers, that directly supply the material to the wholesalers.

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