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NXP Semiconductors NV (NXP Semiconductors NV) Cash Conversion Cycle : 90.52 (As of Dec. 2023)


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What is NXP Semiconductors NV Cash Conversion Cycle?

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

NXP Semiconductors NV's Days Sales Outstanding for the three months ended in Dec. 2023 was 24.44.
NXP Semiconductors NV's Days Inventory for the three months ended in Dec. 2023 was 131.31.
NXP Semiconductors NV's Days Payable for the three months ended in Dec. 2023 was 65.23.
Therefore, NXP Semiconductors NV's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 90.52.


NXP Semiconductors NV Cash Conversion Cycle Historical Data

The historical data trend for NXP Semiconductors NV'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.

NXP Semiconductors NV Cash Conversion Cycle Chart

NXP Semiconductors NV 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 52.62 42.32 26.97 43.15 75.46

NXP Semiconductors NV 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 47.85 82.66 97.43 98.66 90.52

Competitive Comparison of NXP Semiconductors NV's Cash Conversion Cycle

For the Semiconductors subindustry, NXP Semiconductors NV'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.


NXP Semiconductors NV's Cash Conversion Cycle Distribution in the Semiconductors Industry

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

* The bar in red indicates where NXP Semiconductors NV's Cash Conversion Cycle falls into.



NXP Semiconductors NV 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.

NXP Semiconductors NV'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
=25.49+124.88-74.91
=75.46

NXP Semiconductors NV'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
=24.44+131.31-65.23
=90.52

* 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.


NXP Semiconductors NV  (NAS:NXPI) 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.


NXP Semiconductors NV Cash Conversion Cycle Related Terms

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NXP Semiconductors NV (NXP Semiconductors NV) Business Description

Address
60 High Tech Campus, Eindhoven, NB, NLD, 5656 AG
NXP Semiconductors is a leading supplier of high-performance mixed-signal products. The firm acquired Freescale Semiconductor in 2015 and now has significant market share in the automotive market, where it supplies microcontrollers and analog chips into automotive clusters, powertrains, infotainment systems, and radars. NXP Semiconductors also serves industrial and Internet of Things, mobile, and communications infrastructure.
Executives
Christopher L Jensen officer: EVP Human Resources HIGH TECH CAMPUS 60, EINDHOVEN P7 78735
Martino Ronald officer: EVP Global Sales 6501 W WILLIAM CANNON DR, AUSTIN TX 78735
Kurt Sievers officer: President HIGH TECH CAMPUS 60, EINDHOVEN P7 5656 AG
William Betz officer: EVP & CFO HIGH TECH CAMPUS 60, EINDHOVEN P7 5656AG
Jennifer Wuamett officer: EVP & General Counsel 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Julie Southern director HIGH TECH CAMPUS 60, EINDHOVEN P7 5656AG
Moshe Gavrielov director 2041 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Gu Chunyuan director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Josef Kaeser director HIGH TECH CAMPUS 60, EINDHOVEN P7 5656AG
Kenneth A Goldman director C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Peter Kelly officer: EVP & CFO 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Stephen Owen officer: EVP Sales & Marketing HIGH TECH CAMPUS 60, EINDHOVEN P7 5656AG
Annette K Clayton director 11384 BAYBERRY DRIVE, ROMEO MI 48065
Anthony R Foxx director 2710 WYCLIFF ROAD, RALEIGH NC 27607
Andrew Micallef officer: EVP Global Operations NXP SEMICONDUCTORS N.V., HIGH TECH CAMPUS 60, EINDHOVEN P7 5656AG

NXP Semiconductors NV (NXP Semiconductors NV) Headlines