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eMagin (eMagin) Cash Conversion Cycle : 203.56 (As of Jun. 2023)


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What is eMagin Cash Conversion Cycle?

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

eMagin's Days Sales Outstanding for the three months ended in Jun. 2023 was 86.74.
eMagin's Days Inventory for the three months ended in Jun. 2023 was 148.91.
eMagin's Days Payable for the three months ended in Jun. 2023 was 32.09.
Therefore, eMagin's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2023 was 203.56.


eMagin Cash Conversion Cycle Historical Data

The historical data trend for eMagin'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.

eMagin Cash Conversion Cycle Chart

eMagin Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.31 177.41 173.93 183.16 185.53

eMagin Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 147.02 187.95 189.01 213.65 203.56

Competitive Comparison of eMagin's Cash Conversion Cycle

For the Electronic Components subindustry, eMagin'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.


eMagin's Cash Conversion Cycle Distribution in the Hardware Industry

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

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



eMagin 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.

eMagin'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
=68.88+147.58-30.93
=185.53

eMagin's Cash Conversion Cycle for the quarter that ended in Jun. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=86.74+148.91-32.09
=203.56

* 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.


eMagin  (AMEX:EMAN) 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.


eMagin Cash Conversion Cycle Related Terms

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


eMagin (eMagin) Business Description

Traded in Other Exchanges
N/A
Address
700 South Drive, Suite 201, Hopewell Junction, NY, USA, 12533
eMagin Corp designs, develop, manufactures, and markets organic light-emitting diode, or OLED miniature displays, OLED-on-silicon microdisplays, virtual imaging products that utilize OLED micro displays, and related products. The company's OLED displays are used in a variety of products, including military aviation helmets, military weapons sights and targeting systems, night vision & thermal imaging devices, training and simulation, visualization for ocular surgery, mobile ultrasound, and augmented reality applications.
Executives
Eric Braddom director C/O EMAGIN CORPORATION, 2070 ROUTE 52 BLDG 334, HOPEWELL JUNCTION NY 12533
Mark A Koch officer: CFO C/O DEL GLOBAL TECHNOLOGIES CORP., ONE COMMERCE PARK, VALHALLA NY 10595
Stillwater Llc 10 percent owner 654 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10065
Prache Olivier officer: Sr. VP Display Ops & Prod Dev 213 MANVILLE ROAD, PLEASANTVILLE NY 10570
Amalkumar Ghosh officer: Senior V.P., R&D 2070 ROUTE 52, HOPEWELL JUNCTION NY 12533
Sculley Andrew George Jr officer: CEO and President 260 BRIAR DRIVE, MARTINEZ CA 94553
Joseph Saltarelli officer: VP C/O EMAGIN CORPORATION, 2070 ROUTE 52 BLDG 334, HOPEWELL JUNCTION NY 12533
Ginola Ltd 10 percent owner C/O OGLER FIDUCIARY SERVICES LTD, WHITELEY CHAMBERS/DON STREET, ST HELIER JERSEY JE4 92G A1 00000
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Stephen Costello officer: Sr. VP Strategic Partnerships C/O EMAGIN CORPORATION, 2070 ROUTE 52 BUILDING 334, HOPEWELL JUNCTION NY 12533
Jeffrey P Lucas officer: Chief Financial Officer C/O EMAGIN CORP., 2070 ROUTE 52, HOPEWELL JUNCTION NY 12533
Leslie G Polgar director 3006 NORTHUP WAY, SUITE 103, BELLEVUE WA 98004
Stephen Seay director 10500, N.E. 8TH STREET, SUITE 1400, BELLEVUE WA 98004
Ellen B Richstone director C/O SONUS NETWORKS, INC., 7 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Jill Wiittels director 3006 NORTHUP WAY #103, BELLEVUE WA 98004