GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxim Integrated Products Inc (NAS:MXIM) » Definitions » Cash Conversion Cycle

Maxim Integrated Products (Maxim Integrated Products) Cash Conversion Cycle : 125.89 (As of Jun. 2021)


View and export this data going back to 1988. Start your Free Trial

What is Maxim Integrated Products Cash Conversion Cycle?

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

Maxim Integrated Products's Days Sales Outstanding for the three months ended in Jun. 2021 was 77.95.
Maxim Integrated Products's Days Inventory for the three months ended in Jun. 2021 was 92.82.
Maxim Integrated Products's Days Payable for the three months ended in Jun. 2021 was 44.88.
Therefore, Maxim Integrated Products's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2021 was 125.89.


Maxim Integrated Products Cash Conversion Cycle Historical Data

The historical data trend for Maxim Integrated Products'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.

Maxim Integrated Products Cash Conversion Cycle Chart

Maxim Integrated Products Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.54 116.35 129.42 143.02 131.34

Maxim Integrated Products Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 141.50 141.04 141.85 135.06 125.89

Competitive Comparison of Maxim Integrated Products's Cash Conversion Cycle

For the Semiconductors subindustry, Maxim Integrated Products'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.


Maxim Integrated Products's Cash Conversion Cycle Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Maxim Integrated Products's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Maxim Integrated Products's Cash Conversion Cycle falls into.



Maxim Integrated Products 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.

Maxim Integrated Products's Cash Conversion Cycle for the fiscal year that ended in Jun. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=73.73+104-46.39
=131.34

Maxim Integrated Products's Cash Conversion Cycle for the quarter that ended in Jun. 2021 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=77.95+92.82-44.88
=125.89

* 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.


Maxim Integrated Products  (NAS:MXIM) 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.


Maxim Integrated Products Cash Conversion Cycle Related Terms

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


Maxim Integrated Products (Maxim Integrated Products) Business Description

Traded in Other Exchanges
N/A
Address
160 Rio Robles, San Jose, CA, USA, 95134
Maxim Integrated makes high-performance analog and mixed-signal integrated circuits. The company offers a wide range of products serving a host of analog-intensive applications, including power management, audio conversion, and sensors. Maxim supplies its diverse product portfolio to a broad base of customers in the communications, computing, industrial, automotive, and consumer-related end markets.
Executives
Jon Imperato officer: SVP of Sales and Marketing 160 RIO ROBLES SAN JOSE CA 95134
Tunc Doluca director, officer: PRESIDENT, CEO & DIRECTOR
James R Bergman director 28202 CABOT RD. STE 200 LAGUNA NIGEL CA 92677
Bryan Preeshl officer: SENIOR VICE PRESIDENT 160 RIO ROBLES SAN JOSE CA 95134
Mary Ann Wright director 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Robert Edward Grady director 555 CALIFORNIA STREET, SUITE 3450, SAN FRANCISCO CA 94104
Edwin Medlin officer: SVP, Chief Legal, Admin, Compl MAXIM INTEGRATED PRODUCTS INC 120 SAN GABRIEL DRIVE SUNNYVALE CA 94086
Brian C White officer: SENIOR VP and CFO C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Vivek Jain officer: SENIOR VP 120 SAN GABRIEL DRIVE, SUNNYVALE CA 94086
Joseph R Bronson director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
David Loftus officer: Vice President C/O INTERSIL CORPORATION 1001 MURPHY RANCH ROAD MILPITAS CA 95035
Mercedes Johnson director MICRON TECHNOLOGY, INC, 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
William P Sullivan director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
William D Watkins director P O BOX 8, SAINT PETERS MO 63376
Tracy Accardi director 160 RIO ROBLES SAN JOSE CA 95134

Maxim Integrated Products (Maxim Integrated Products) Headlines

From GuruFocus