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FuelCell Energy (FuelCell Energy) Cash Conversion Cycle : 250.35 (As of Jan. 2024)


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What is FuelCell Energy Cash Conversion Cycle?

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

FuelCell Energy's Days Sales Outstanding for the three months ended in Jan. 2024 was 19.56.
FuelCell Energy's Days Inventory for the three months ended in Jan. 2024 was 300.75.
FuelCell Energy's Days Payable for the three months ended in Jan. 2024 was 69.96.
Therefore, FuelCell Energy's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 250.35.


FuelCell Energy Cash Conversion Cycle Historical Data

The historical data trend for FuelCell Energy'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.

FuelCell Energy Cash Conversion Cycle Chart

FuelCell Energy Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.30 216.46 254.73 153.44 177.26

FuelCell Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 209.60 158.10 204.63 259.18 250.35

Competitive Comparison of FuelCell Energy's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, FuelCell Energy'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.


FuelCell Energy's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelCell Energy's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where FuelCell Energy's Cash Conversion Cycle falls into.



FuelCell Energy 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.

FuelCell Energy's Cash Conversion Cycle for the fiscal year that ended in Oct. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=12.86+238.96-74.56
=177.26

FuelCell Energy's Cash Conversion Cycle for the quarter that ended in Jan. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=19.56+300.75-69.96
=250.35

* 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.


FuelCell Energy  (NAS:FCEL) 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.


FuelCell Energy Cash Conversion Cycle Related Terms

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


FuelCell Energy (FuelCell Energy) Business Description

Address
3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products and electrolysis platforms that decarbonize power and produce hydrogen. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.
Executives
Jason Few director, officer: CEO 2201 COLQUITT STREET, HOUSTON TX 77098
Michael S. Bishop officer: EVP, TREASURER & CFO FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305
Anthony Leo officer: EVP & Chief Technology Officer C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Michael Lisowski officer: EVP & Chief Operating Officer C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Althann Natica Von director TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Matthew F Hilzinger director
James Herbert England director 15687 VILLORESI WAY, NAPLES FL 34110
Wilson Donna Sims director FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Betsy B Bingham director 3 GREAT PASTURE ROAD, DANBURY CT 06810
Cynthia L Hansen director 500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
Mark Feasel officer: EVP & Ch. Commercial Officer 3 GREAT PASTURE ROAD, DANBURY CT 06810
Joshua Dolger officer: Interim Gen Counsel & Corp Sec FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John Christopher Groobey director 38 TROLLHAVEN LANE, ANNAPOLIS MD 21401
Jennifer D Arasimowicz officer: EVP, Gen. Counsel, CAO, Secy FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John A Rolls director