GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Monolithic Power Systems Inc (NAS:MPWR) » Definitions » Cash Conversion Cycle
中文

Monolithic Power Systems (Monolithic Power Systems) Cash Conversion Cycle : 183.67 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Monolithic Power Systems Cash Conversion Cycle?

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

Monolithic Power Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.75.
Monolithic Power Systems's Days Inventory for the three months ended in Dec. 2023 was 175.63.
Monolithic Power Systems's Days Payable for the three months ended in Dec. 2023 was 28.71.
Therefore, Monolithic Power Systems's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 183.67.


Monolithic Power Systems Cash Conversion Cycle Historical Data

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Cash Conversion Cycle Chart

Monolithic Power Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170.02 131.50 129.11 166.86 197.54

Monolithic Power Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 200.60 217.13 208.65 182.95 183.67

Competitive Comparison of Monolithic Power Systems's Cash Conversion Cycle

For the Semiconductors subindustry, Monolithic Power Systems'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.


Monolithic Power Systems's Cash Conversion Cycle Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Monolithic Power Systems's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Monolithic Power Systems's Cash Conversion Cycle falls into.



Monolithic Power Systems 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.

Monolithic Power Systems's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=36.34+189.58-28.38
=197.54

Monolithic Power Systems's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=36.75+175.63-28.71
=183.67

* 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.


Monolithic Power Systems  (NAS:MPWR) 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.


Monolithic Power Systems Cash Conversion Cycle Related Terms

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


Monolithic Power Systems (Monolithic Power Systems) Business Description

Traded in Other Exchanges
Address
5808 Lake Washington Boulevard NE, Kirkland, WA, USA, 98033
Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.
Executives
Maurice Sciammas officer: Sr. V.P.of Sales and Marketing 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Deming Xiao officer: Vice President of Operations 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Saria Tseng officer: VP and General Counsel 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Michael Hsing director, 10 percent owner, officer: President and CEO 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Theodore Blegen officer: CFO 5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
James C Moyer director, 10 percent owner, officer: Chief Design Engineer 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Chang Kuo Wei Herbert director, 10 percent owner C/O MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Eileen Wynne director MONOLITHIC POWER SYSTEMS, 79 GREAT OAKS BLVD, SAN JOSE CA 95117
Jeff Zhou director 6409 GUADALUPE MINES ROAD, SAN JOSE CA 95120
Eugen J Elmiger director BUEELHADE 3A, SEMPACH STADT V8 6204
Victor K Lee director C/O LEADIS TECHNOLOGY, 800 W. CALIFORNIA AVENUE, SUITE 200, SUNNYVALE CA 94086
Carintia Martinez director 5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
Meera Rao officer: VP of Finance, Corp Controller 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Douglas M Mcburnie director 233 S. HILLVIEW DRIVE, MILPITAS CA 95035
Smith- Pilkington Karen A director 343 STATE STREET, ROCHESTER NY 146500211