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Calix (CALX) Cash Conversion Cycle : 133.15 (As of Mar. 2024)


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What is Calix Cash Conversion Cycle?

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

Calix's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.63.
Calix's Days Inventory for the three months ended in Mar. 2024 was 111.17.
Calix's Days Payable for the three months ended in Mar. 2024 was 23.65.
Therefore, Calix's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 133.15.


Calix Cash Conversion Cycle Historical Data

The historical data trend for Calix'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.

Calix Cash Conversion Cycle Chart

Calix 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 79.17 84.69 97.50 108.38 110.71

Calix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 119.57 120.69 121.73 103.73 133.15

Competitive Comparison of Calix's Cash Conversion Cycle

For the Software - Application subindustry, Calix'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.


Calix's Cash Conversion Cycle Distribution in the Software Industry

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

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



Calix 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.

Calix'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
=38.59+98.78-26.66
=110.71

Calix's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=45.63+111.17-23.65
=133.15

* 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.


Calix  (NYSE:CALX) 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.


Calix Cash Conversion Cycle Related Terms

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


Calix (CALX) Business Description

Industry
Traded in Other Exchanges
Address
2777 Orchard Parkway, San Jose, CA, USA, 95134
Calix Inc develops, market and sell Calix cloud, systems and software platforms to enable service providers of all types and sizes to innovate and transform. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. This is the Calix mission to enable communications, and service providers of all sizes to simplify, excite and grow. The Company's revenue is principally derived in the United States.
Executives
Eleanor Fields director C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Rajatish Mukherjee director C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
John Matthew Collins officer: EVP, Commercial Operations C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Eleniak Shane Todd Marshall officer: EVP, Products C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Kira Makagon director C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Michael Matthews director C/O CALIX, INC., 1035 N. MCDOWELL BLVD., PETALUMA CA 94954
Sindelar Cory officer: interim CFO & PFO C/O LEGATO SYSTEMS INC, 2350 W EL CAMINO REAL, MOUNTAIN VIEW CA 94040
Donald J Listwin director 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Christopher J Bowick director 1400 LAKE HEARN DR, ATLANTA GA 30319
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
J Daniel Plants director ONE EMBARCADERO CENTER, SUITE 1140, SAN FRANCISCO CA 94111
Sheila Cheung officer: VP, Finance & Accounting 100 HEADQUARTERS DR, SAN JOSE CA 95134
Kathleen M Crusco director C/O CALIX, INC., 1035 N. MCDOWELL BLVD, PETALUMA CA 94954
William J Atkins officer: Executive VP and CFO 591 SPRUCE STREET, SAN FRANCISCO CA 94118
Gregory A. Billings officer: SVP, Services 1035 N MCDOWELL BLVD, PETALUMA X1 94954

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