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Faraday Future Intelligent Electric (Faraday Future Intelligent Electric) Cash Conversion Cycle : -421.71 (As of Sep. 2023)


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What is Faraday Future Intelligent Electric Cash Conversion Cycle?

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

Faraday Future Intelligent Electric's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.
Faraday Future Intelligent Electric's Days Inventory for the three months ended in Sep. 2023 was 128.74.
Faraday Future Intelligent Electric's Days Payable for the three months ended in Sep. 2023 was 550.45.
Therefore, Faraday Future Intelligent Electric's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was -421.71.


Faraday Future Intelligent Electric Cash Conversion Cycle Historical Data

The historical data trend for Faraday Future Intelligent Electric'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.

Faraday Future Intelligent Electric Cash Conversion Cycle Chart

Faraday Future Intelligent Electric Annual Data
Trend Dec20 Dec21 Dec22
Cash Conversion Cycle
- - -

Faraday Future Intelligent Electric Quarterly Data
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 - - - -1,071.69 -421.71

Competitive Comparison of Faraday Future Intelligent Electric's Cash Conversion Cycle

For the Auto Manufacturers subindustry, Faraday Future Intelligent Electric'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.


Faraday Future Intelligent Electric's Cash Conversion Cycle Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Faraday Future Intelligent Electric's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Faraday Future Intelligent Electric's Cash Conversion Cycle falls into.



Faraday Future Intelligent Electric 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.

Faraday Future Intelligent Electric'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
=+-
=0.00

Faraday Future Intelligent Electric'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
=0+128.74-550.45
=-421.71

* 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.


Faraday Future Intelligent Electric  (NAS:FFIE) 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.


Faraday Future Intelligent Electric Cash Conversion Cycle Related Terms

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Faraday Future Intelligent Electric (Faraday Future Intelligent Electric) Business Description

Traded in Other Exchanges
Address
18455 S. Figueroa Street, Gardena, CA, USA, 90248
Faraday Future Intelligent Electric Inc is a global shared intelligent mobility ecosystem. It is poised to break the boundaries between the Internet, IT, creative, and auto industries with product and service offerings that integrate new energy, AI, Internet, and sharing models. FF 91 is its first production vehicle and flagship model.
Executives
Lev Peker director US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Jonathan Maroko officer: Interim CFO 18455 S. FIGUEROA STREET, GARDENA CA 90248
Li Han director 18455 S. FIGUEROA STREET, GARDENA CA 90248
Ke Sun director 18455 S. FIGUEROA STREET, GARDENA CA 90248
Jie Sheng director 18455 S. FIGUEROA STREET, GARDENA CA 90248
Xuefeng Chen officer: Global Chief Exec. Officer C/O FARADAY FUTURE INTELLIGENT ELECTRIC, INC., 18455 S. FIGUEROA STREET, GARDENA CA 90248
Chad Chen director C/O FARADAY FUTURE INTELLIGENT ELECTRIC, 18455 S. FIGUEROA STREET, GARDENA CA 90248
Yun Han officer: CAO & Interim CFO 1449 HAMPTON ROAD, SAN MARINO CA 91108
Xin He director 32000 AURORA ROAD, SUITE B, SOLON OH 44139
Rebecca A Roof officer: Interim Chief Financial Office C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Walter Mcbride officer: Chief Financial Officer FIRST CONSULTING GROUP, PO BOX 22676, LONG BEACH CA 90801-5676
Kruse Robert A Jr. officer: Senior VP, Product Execution 18455 S. FIGUEROA STREET, GARDENA CA 90248
Hong Rao officer: Vice President, I.A.I. 18455 S. FIGUEROA STREET, GARDENA CA 90248
Benedikt Hartmann officer: Senior VP of Supply Chain 18455 S. FIGUEROA STREET, GARDENA CA 90248
Chui Tin Mok officer: Exec. VP, Head of User Ecosys. 18455 S. FIGUEROA STREET, GARDENA CA 90248

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