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Viavi Solutions (Viavi Solutions) Cash Conversion Cycle : 133.86 (As of Mar. 2024)


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What is Viavi Solutions Cash Conversion Cycle?

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

Viavi Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.06.
Viavi Solutions's Days Inventory for the three months ended in Mar. 2024 was 92.22.
Viavi Solutions's Days Payable for the three months ended in Mar. 2024 was 36.42.
Therefore, Viavi Solutions's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 133.86.


Viavi Solutions Cash Conversion Cycle Historical Data

The historical data trend for Viavi Solutions'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.

Viavi Solutions Cash Conversion Cycle Chart

Viavi Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.67 102.97 98.24 102.43 128.33

Viavi Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 146.78 136.73 140.55 133.79 133.86

Competitive Comparison of Viavi Solutions's Cash Conversion Cycle

For the Communication Equipment subindustry, Viavi Solutions'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.


Viavi Solutions's Cash Conversion Cycle Distribution in the Hardware Industry

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

* The bar in red indicates where Viavi Solutions's Cash Conversion Cycle falls into.



Viavi Solutions 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.

Viavi Solutions's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=81.19+88.34-41.2
=128.33

Viavi Solutions's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=78.06+92.22-36.42
=133.86

* 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.


Viavi Solutions  (NAS:VIAV) 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.


Viavi Solutions Cash Conversion Cycle Related Terms

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Viavi Solutions (Viavi Solutions) Business Description

Traded in Other Exchanges
Address
1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, USA, 85286
Viavi Solutions Inc. is a global provider of network test, monitoring and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of revenue from the United States.
Executives
Paul Mcnab officer: EVP, Chief Mktg & Stgy Officer C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Gary W Staley officer: SVP Global Sales NSE VIAVI SOLUTIONS, INC., 430 NORTH MCCARTHY BLVD., MILPITAS CA 95035
Ralph Rondinone officer: SVP Global Operations NSE C/O JDS UNIPHASE, 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Kevin Christopher Siebert officer: SVP Gen. Counsel & Secretary 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Luke M Scrivanich officer: SVP General Manager OSP 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Oleg Khaykin officer: President & CEO
Doug Gilstrap director 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286
Joanne Solomon director 1900 S. PRICE ROAD, CHANDLER AZ 85286
Richard Belluzzo director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Timothy Campos director C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Henk Derksen officer: EVP, CFO 1 N. BRENTWOOD BLVD., SUITE 1500, SAINT LOUIS MO 63105
Pamela K. Avent officer: Interim CFO C/O VIAVI SOLUTIONS INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Tor Braham director C/O NETAPP, 495 E. JAVA DRIVE, SUNNYVALE CA 94089