GURUFOCUS.COM » STOCK LIST » Technology » Software » Matterport Inc (NAS:MTTR) » Definitions » Cash Conversion Cycle

Matterport (Matterport) Cash Conversion Cycle : 50.67 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Matterport Cash Conversion Cycle?

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

Matterport's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.38.
Matterport's Days Inventory for the three months ended in Dec. 2023 was 45.9.
Matterport's Days Payable for the three months ended in Dec. 2023 was 34.61.
Therefore, Matterport's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 50.67.


Matterport Cash Conversion Cycle Historical Data

The historical data trend for Matterport'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.

Matterport Cash Conversion Cycle Chart

Matterport Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
18.72 1.41 34.07 52.61

Matterport Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 52.47 67.48 64.04 57.37 50.67

Competitive Comparison of Matterport's Cash Conversion Cycle

For the Software - Application subindustry, Matterport'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.


Matterport's Cash Conversion Cycle Distribution in the Software Industry

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

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



Matterport 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.

Matterport'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
=43.7+42.2-33.29
=52.61

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

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=39.38+45.9-34.61
=50.67

* 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.


Matterport  (NAS:MTTR) 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.


Matterport Cash Conversion Cycle Related Terms

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


Matterport (Matterport) Business Description

Traded in Other Exchanges
Address
352 East Java Drive, Sunnyvale, CA, USA, 94089
Matterport Inc is a spatial data company focused on digitizing and indexing the built world. Its all-in-one 3D data platform enables anyone to turn a space into an accurate and immersive digital twin which can be used to design, build, operate, promote, and understand any space.
Executives
James Daniel Fay officer: Chief Financial Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Raymond J Pittman director, officer: See Remarks C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Peter Presunka officer: Chief Accounting Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Jay Remley officer: Chief Revenue Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Japjit Tulsi officer: Chief Technology Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Jason Krikorian director C/O AUGMEDIX, INC., 1161 MISSION STREET, SUITE LL, SAN FRANCISCO CA 94103
Peter Hebert director, 10 percent owner C/O LUX VENTURES, 295 MADISON AVE, 24TH FLOOR, NEW YORK NY 10017
Matthew Zinn officer: Chief Legal Officer 2160 GOLD STREET, ALVISO CA 95002
Susan Repo director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Lux Ventures Iii Special Founders Fund, L.p. 10 percent owner 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Michael B Gustafson director 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Brandt Walter Kucharski officer: Chief Accounting Officer 111 W WASHINGTON STREET, SUITE 2100, CHICAGO IL 60602
Lux Ventures Cayman Iii, L.p. 10 percent owner 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Co-invest Opportunities, L.p. 10 percent owner C/O LUX CAPITAL MANAGEMENT, 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Josh Wolfe 10 percent owner C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010