GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vocera Communications Inc (NYSE:VCRA) » Definitions » Cash Conversion Cycle

Vocera Communications (Vocera Communications) Cash Conversion Cycle : 69.08 (As of Dec. 2021)


View and export this data going back to 2012. Start your Free Trial

What is Vocera Communications Cash Conversion Cycle?

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

Vocera Communications's Days Sales Outstanding for the three months ended in Dec. 2021 was 63.83.
Vocera Communications's Days Inventory for the three months ended in Dec. 2021 was 33.06.
Vocera Communications's Days Payable for the three months ended in Dec. 2021 was 27.81.
Therefore, Vocera Communications's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2021 was 69.08.


Vocera Communications Cash Conversion Cycle Historical Data

The historical data trend for Vocera Communications'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.

Vocera Communications Cash Conversion Cycle Chart

Vocera Communications Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.25 77.15 80.19 95.68 93.55

Vocera Communications Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 100.45 108.59 83.87 70.91 69.08

Competitive Comparison of Vocera Communications's Cash Conversion Cycle

For the Communication Equipment subindustry, Vocera Communications'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.


Vocera Communications's Cash Conversion Cycle Distribution in the Hardware Industry

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

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



Vocera Communications 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.

Vocera Communications's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=73.15+39.85-19.45
=93.55

Vocera Communications's Cash Conversion Cycle for the quarter that ended in Dec. 2021 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=63.83+33.06-27.81
=69.08

* 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.


Vocera Communications  (NYSE:VCRA) 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.


Vocera Communications Cash Conversion Cycle Related Terms

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


Vocera Communications (Vocera Communications) Business Description

Traded in Other Exchanges
N/A
Address
525 Race Street, San Jose, CA, USA, 95126
Vocera Communications Inc provides secure, integrated, and intelligent communication and workflow solutions that empower mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. It has two operating segments: Product and Service. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow. It also offers Vocera Communication and Workflow System, a software platform, which connects communication devices, including hands-free, wearable, voice-controlled communication badges and third-party mobile devices.
Executives
Paul T Johnson other: EVP Sales and Services C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
Brent D. Lang director, officer: Chairman, President & CEO C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126
Mary Bridget Duffy officer: Chief Medical Officer C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126
Douglas Alan Carlen other: General Counsel 110 RIO ROBLES SAN JOSE CA 95134
John N Mcmullen director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Justin Spencer officer: EVP, Chief Financial Officer C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
Ronald A Paulus director QUOVADX, INC. 7600 E. ORCHARD RD., SUITE 300S GREENWOOD VILLAGE CO 80111
Howard E Janzen director COOL PLANET 6400 S. FIDDLERS GREEN CIRCLE, STE 1300 GREENWOOD VILLAGE CO 80111
Alexa King director C/O FIREEYE, INC. 1440 MCCARTHY BOULEVARD MILPITAS CA 95035
Julie Iskow director 2900 UNIVERSITY BOULEVARD, AMES X1 50010
Michael Burkland director C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMON CA 94583
Bharat Sundaram director 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Jeff Hillebrand director 3061 ZANKER RD SAN JOSE CA 95134
John B. Grotting director C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
Robert Zollars director 3061 ZANKER RD, SAN JOSEC CA 95134

Vocera Communications (Vocera Communications) Headlines