Can someone please help on Likhita Infra. I note that company has no debt but numbers look very stable. Any accountant help please to understand standalone accounts (consolidated and standalone basis revenues and total balance sheet does not look very different).
On screener.in – Standalone accounts: Cash conversion cycle seems to be 500 days, I do not see any customer advances. Just wondering how company is able to manage the operations without debt? cash on the books also keeps increasing. Any insights shall be helpful.
Source: screener.in
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