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Oxford Instruments (Oxford Instruments) Cash Conversion Cycle : 90.89 (As of Sep. 2023)


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What is Oxford Instruments Cash Conversion Cycle?

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

Oxford Instruments's Days Sales Outstanding for the six months ended in Sep. 2023 was 86.07.
Oxford Instruments's Days Inventory for the six months ended in Sep. 2023 was 170.04.
Oxford Instruments's Days Payable for the six months ended in Sep. 2023 was 165.22.
Therefore, Oxford Instruments's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 90.89.


Oxford Instruments Cash Conversion Cycle Historical Data

The historical data trend for Oxford Instruments'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.

Oxford Instruments Cash Conversion Cycle Chart

Oxford Instruments 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 142.51 160.17 149.03 144.49 147.98

Oxford Instruments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 40.94 40.22 49.46 51.56 90.89

Competitive Comparison of Oxford Instruments's Cash Conversion Cycle

For the Semiconductor Equipment & Materials subindustry, Oxford Instruments'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.


Oxford Instruments's Cash Conversion Cycle Distribution in the Semiconductors Industry

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

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



Oxford Instruments 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.

Oxford Instruments'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
=71.25+129.57-52.84
=147.98

Oxford Instruments's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=86.07+170.04-165.22
=90.89

* 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.


Oxford Instruments  (OTCPK:OXINF) 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.


Oxford Instruments Cash Conversion Cycle Related Terms

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Oxford Instruments (Oxford Instruments) Business Description

Traded in Other Exchanges
Address
Tubney Woods, Abingdon, Oxfordshire, GBR, OX13 5QX
Oxford Instruments PLC is engaged in the research, development, manufacture, rental, sale, and service of high technology tools and systems. The company's operating segment includes Materials and Characterisation; Research and Discovery and Service and Healthcare. It generates maximum revenue from the Materials and Characterisation segment. The Materials and Characterisation segment focuses on applied R&D and commercial customers, enabling the fabrication and characterisation of materials and devices down to the atomic scale. Geographically, it derives a majority of revenue from Asia and also has a presence in Rest of Europe, UK, Japan, China, Germany and Rest of World.