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Equippp Social Impact Technologies (BOM:590057) Cash Conversion Cycle : 354.47 (As of Jun. 2024)


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What is Equippp Social Impact Technologies Cash Conversion Cycle?

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

Equippp Social Impact Technologies's Days Sales Outstanding for the three months ended in Jun. 2024 was 354.47.
Equippp Social Impact Technologies's Days Inventory for the three months ended in Jun. 2024 was 0.
Equippp Social Impact Technologies's Days Payable for the three months ended in Jun. 2024 was 0.
Therefore, Equippp Social Impact Technologies's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2024 was 354.47.


Equippp Social Impact Technologies Cash Conversion Cycle Historical Data

The historical data trend for Equippp Social Impact Technologies'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.

Equippp Social Impact Technologies Cash Conversion Cycle Chart

Equippp Social Impact Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 164.37 235.62

Equippp Social Impact Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 198.28 101.79 354.47

Competitive Comparison of Equippp Social Impact Technologies's Cash Conversion Cycle

For the Agricultural Inputs subindustry, Equippp Social Impact Technologies'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.


Equippp Social Impact Technologies's Cash Conversion Cycle Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Equippp Social Impact Technologies's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Equippp Social Impact Technologies's Cash Conversion Cycle falls into.



Equippp Social Impact Technologies 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.

Equippp Social Impact Technologies'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
=235.62+0-0
=235.62

Equippp Social Impact Technologies's Cash Conversion Cycle for the quarter that ended in Jun. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=354.47+0-0
=354.47

* 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.


Equippp Social Impact Technologies  (BOM:590057) 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.


Equippp Social Impact Technologies Cash Conversion Cycle Related Terms

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Equippp Social Impact Technologies Business Description

Traded in Other Exchanges
Address
8th Floor, Western Pearl Building, Hitech City Road, Kondapur, Hyderabad, TG, IND, 500081
Equippp Social Impact Technologies Ltd is engaged in providing new technologies and next-generation IT solutions and services. The feature enables organizations to capture the business benefits of emerging technologies of digital engineering, business intelligence, analytics, machine learning, testing, and IT Consulting. The company's product includes EquiPPP, EquiPPP 3.0, EquiPPP Ix, EquiPPP CIX, among others, The product platform facilitates cross-sectoral partnerships for the purpose of carrying out social projects, enables consumers to contribute their ideas, insights, and involvement in social projects, and sharing information through the use of digital formats and field forces.

Equippp Social Impact Technologies Headlines

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