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Casa Systems (Casa Systems) Cash Conversion Cycle : 210.81 (As of Sep. 2023)


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What is Casa Systems Cash Conversion Cycle?

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

Casa Systems's Days Sales Outstanding for the three months ended in Sep. 2023 was 62.28.
Casa Systems's Days Inventory for the three months ended in Sep. 2023 was 203.3.
Casa Systems's Days Payable for the three months ended in Sep. 2023 was 54.77.
Therefore, Casa Systems's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 210.81.


Casa Systems Cash Conversion Cycle Historical Data

The historical data trend for Casa 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.

Casa Systems Cash Conversion Cycle Chart

Casa Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 248.99 266.87 207.88 181.77 211.10

Casa Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 194.98 180.69 325.80 249.13 210.81

Competitive Comparison of Casa Systems's Cash Conversion Cycle

For the Communication Equipment subindustry, Casa 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.


Casa Systems's Cash Conversion Cycle Distribution in the Hardware Industry

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

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



Casa 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.

Casa Systems's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=102.07+166.28-57.25
=211.10

Casa Systems'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
=62.28+203.3-54.77
=210.81

* 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.


Casa Systems  (OTCPK:CASSQ) 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.


Casa Systems Cash Conversion Cycle Related Terms

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


Casa Systems (Casa Systems) Business Description

Traded in Other Exchanges
Address
100 Old River Road, Andover, MA, USA, 01810
Casa Systems Inc is engaged in providing a suite of software-centric infrastructure solutions that allow cable service providers to deliver voice, video and data services over a single platform at multi-gigabit speeds. In addition, the company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks. The company focuses on creating a software-centric, multi-service portfolio that enables a broad range of core and access network functions for fixed and wireless networks. The company's product line includes cable networks, IP networks, mobile networks, optical networks, professional and managed services and others. Substantial revenue is generated from North American operations.
Executives
Philip Jr. Paro officer: Chief Accounting Officer 100 OLD RIVER ROAD, C/O CASA SYSTEMS, INC., ANDOVER MA 01810
Michael Glickman director, officer: President and CEO 100 OLD RIVER ROAD, ANDOVER MA 01810
Styslinger William C Iii director 124 ACTON STREET, MAYNARD MA 01754
Edward Durkin officer: Chief Financial Officer C/O CASA SYSTEMS, INC., 100 OLD RIVER ROAD, ANDOVER MA 01810
Weidong Chen officer: Chief Technology Officer 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Michael T Hayashi director MINDSPEED TECHNOLOGIES, INC., 4000 MACARTHUR BLVD., EAST TOWER, NEWPORT BEACH CA 92660
Lucy Xie director, officer: SVP of Operations 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Daniel S. Mead director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Matthew Slepian officer: Corporate Controller CASA SYSTEMS, INC., 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Jerry Guo director, 10 percent owner, officer: President & CEO 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Scott Bruckner officer: Interim CFO CASA SYSTEMS, INC., 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Susana D'emic director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Maurizio Nicolelli officer: Chief Financial Officer C/O CASA SYSTEMS, 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Shaun N. Mccarthy officer: Interim CFO 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Bruce R Evans director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116