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Oclaro (Oclaro) Cash Conversion Cycle : 103.55 (As of Sep. 2018)


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What is Oclaro Cash Conversion Cycle?

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

Oclaro's Days Sales Outstanding for the three months ended in Sep. 2018 was 72.5.
Oclaro's Days Inventory for the three months ended in Sep. 2018 was 104.15.
Oclaro's Days Payable for the three months ended in Sep. 2018 was 73.1.
Therefore, Oclaro's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2018 was 103.55.


Oclaro Cash Conversion Cycle Historical Data

The historical data trend for Oclaro'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.

Oclaro Cash Conversion Cycle Chart

Oclaro Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.71 77.37 79.53 67.39 97.92

Oclaro Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 73.58 91.65 112.01 119.82 103.55

Competitive Comparison of Oclaro's Cash Conversion Cycle

For the Semiconductors subindustry, Oclaro'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.


Oclaro's Cash Conversion Cycle Distribution in the Semiconductors Industry

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

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



Oclaro 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.

Oclaro's Cash Conversion Cycle for the fiscal year that ended in Jun. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=74.85+111.42-88.35
=97.92

Oclaro's Cash Conversion Cycle for the quarter that ended in Sep. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=72.5+104.15-73.1
=103.55

* 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.


Oclaro  (NAS:OCLR) 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.


Oclaro Cash Conversion Cycle Related Terms

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


Oclaro (Oclaro) Business Description

Traded in Other Exchanges
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Address
Oclaro Incorporated is a supplier of core optical network technology to telecommunication and data communication equipment companies worldwide. The company's optical technology is integrated into the switching, routing, and transport systems of communication equipment manufacturers. Ultimately, Oclaro's technology is used by these equipment manufacturers to build, upgrade, and operate optical networks. A network of direct sales force, customer service, marketing communications, and product line specific marketing employees help bring Oclaro's products to a range of international markets.
Executives
Marissa T Peterson director SUN MICROSYSTEMS, INC., 7777 GATEWAY BLVD, BLDG 11, MSUNWK11-260, NEWARK CA 94560
William Lloyd Smith director 46429 LANDING PARKWAY, FREMONT CA 94538
Ian Small director 400 N MCCARTHY BLVD, MILPITAS CA 95035
Greg Dougherty officer: Chief Executive Officer 40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538
Michael H Fernicola officer: Chief Accounting Officer C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
David Teichmann officer: EVP, GC, & Corp. Sec. C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Craig Cocchi officer: Chief Operating Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Hitachi Ltd 10 percent owner 6-6, MARUNOUCHI 1-CHOME, CHIYODA-KU, TOKYO JAPAN M0 100-8280
Jerry Turin other: Former CFO 2584 JUNCTION AVENUE, SAN JOSE CA 95134
Alain A Couder director, officer: Chairman, CEO 395 PAGE MILL RD, MS A3 18, PALO ALTO CA 94306
Harry L Bosco director C/O ARRIS GROUP INC, 11450 TECHNOLOGY CIRCLE, DULUTH GA 30097
Bernard J Couillaud director
Giovanni Barbarossa director C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
W Arthur Porter director 7706 FONDREN ROAD, HOUSTON TX 77074