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Orion Energy Systems (Orion Energy Systems) Cash Conversion Cycle : 71.23 (As of Dec. 2023)


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What is Orion Energy Systems Cash Conversion Cycle?

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

Orion Energy Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.92.
Orion Energy Systems's Days Inventory for the three months ended in Dec. 2023 was 95.43.
Orion Energy Systems's Days Payable for the three months ended in Dec. 2023 was 80.12.
Therefore, Orion Energy Systems's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 71.23.


Orion Energy Systems Cash Conversion Cycle Historical Data

The historical data trend for Orion Energy 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.

Orion Energy Systems Cash Conversion Cycle Chart

Orion Energy Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.16 11.86 31.56 62.56 105.48

Orion Energy 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 106.15 86.60 108.05 98.77 71.23

Competitive Comparison of Orion Energy Systems's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Orion Energy 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.


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

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

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



Orion Energy 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.

Orion Energy Systems's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=60.44+115.94-70.9
=105.48

Orion Energy 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
=55.92+95.43-80.12
=71.23

* 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.


Orion Energy Systems  (NAS:OESX) 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.


Orion Energy Systems Cash Conversion Cycle Related Terms

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Orion Energy Systems (Orion Energy Systems) Business Description

Traded in Other Exchanges
Address
2210 Woodland Drive, Manitowoc, WI, USA, 54220
Orion Energy Systems Inc is a developer, manufacturer, and seller of lighting and energy management systems. The company segments include Orion Services Group (OSG), which accounts for the majority revenue; Orion Distribution Services Division (ODS); Orion U.S. Markets Division (USM); Orion Electric Vehicle Charging Systems and Corporate and Other. The OSG segment develops and sells lighting products and provides construction and engineering services for commercial lighting and energy management system also provides retailers, distributors and other businesses with maintenance, repair and replacement services for the lighting and related electrical components deployed in their facilities.
Executives
J Per Brodin officer: EVP, CFO, CAO & Treasurer
Scott A. Green officer: President-Orion Services Group 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Ellen B Richstone director C/O SONUS NETWORKS, INC., 7 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael H Jenkins director, officer: Chief Executive Officer 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Anthony L. Otten director 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Richard A Shapiro director C/O WEXFORD CAPITAL, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830
Sally A. Washlow director 6500 W. CORTLAND STREET, CHICAGO IL 60607
Heather L Wishart-smith director 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Charles R. Mcdulin director 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Michael W Altschaefl director ALBANY-CHICAGO COMPANY LLC, 8200 100TH STREET, PLEASANT PRAIRIE WI 53158
Michael J Potts director, officer: Executive Vice President ORION ENERGY SYSTEMS, INC., 1204 PILGRIM ROAD, PLYMOUTH WI 53073
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Kenneth M Young director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
William T Hull officer: Chief Financial Officer 9395 HUNT CLUB TRAIL, WARREN OH 44484
Mark C Williamson director 123 EAST MAIN STREET, SUITE 202, MADISON WI 53703

Orion Energy Systems (Orion Energy Systems) Headlines

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