GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maxwell Technologies Inc (NAS:MXWL) » Definitions » Cash Conversion Cycle

Maxwell Technologies (Maxwell Technologies) Cash Conversion Cycle : 234.24 (As of Mar. 2019)


View and export this data going back to 1983. Start your Free Trial

What is Maxwell Technologies Cash Conversion Cycle?

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

Maxwell Technologies's Days Sales Outstanding for the three months ended in Mar. 2019 was 112.66.
Maxwell Technologies's Days Inventory for the three months ended in Mar. 2019 was 189.67.
Maxwell Technologies's Days Payable for the three months ended in Mar. 2019 was 68.09.
Therefore, Maxwell Technologies's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2019 was 234.24.


Maxwell Technologies Cash Conversion Cycle Historical Data

The historical data trend for Maxwell Technologies'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.

Maxwell Technologies Cash Conversion Cycle Chart

Maxwell Technologies Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.26 171.66 169.97 144.60 164.53

Maxwell Technologies Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 132.77 131.97 139.34 358.32 234.24

Competitive Comparison of Maxwell Technologies's Cash Conversion Cycle

For the Electronic Components subindustry, Maxwell Technologies'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.


Maxwell Technologies's Cash Conversion Cycle Distribution in the Hardware Industry

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

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



Maxwell Technologies 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.

Maxwell Technologies's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=86.1+129.5-51.07
=164.53

Maxwell Technologies's Cash Conversion Cycle for the quarter that ended in Mar. 2019 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=112.66+189.67-68.09
=234.24

* 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.


Maxwell Technologies  (NAS:MXWL) 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.


Maxwell Technologies Cash Conversion Cycle Related Terms

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


Maxwell Technologies (Maxwell Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3888 Calle Fortunada, San Diego, CA, USA, 92123
Maxwell Technologies Inc is a part of the electronic components industry. It engaged in developing, manufacturing and marketing energy storage and power delivery solutions for automotive, heavy transportation, renewable energy, backup power, wireless communications and industrial and consumer electronics applications. Maxwell products are designed and built to provide failure-free performance for the life of the most demanding applications. The company is committed to providing cost-effective, energy-efficient, environmentally-conscious energy storage and power delivery solutions.
Executives
Rick Bergman director C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
John Mutch director C/O PEREGRINE SYSTEMS, INC., 3611 VALLEY CENTRE DRIVE, SAN DIEGO CA 92130
David Lyle officer: Chief Financial Officer 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Steven J Bilodeau director C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Franz Fink director, officer: Chief Executive Officer C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
David L Schlotterbeck director 10221 WATERIDGE CIRCLE, SAN DIEGO CA 92121
Yon Jorden director 750 WEST JOHN CARPENTER FREEWAY, SUITE 1200, IRVING TX 75039
Mark Rossi director
Christopher Humphrey officer: VP of Marketing and Bus. Dev. 15353 BARRANCA PARKWAY, IRVINE CA 92618
Kevin Royal officer: Chief Financial Officer
John Warwick officer: Chief Operating Officer EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
David Schramm director, officer: CEO and President C/O MAXWELL TECHNOLOGIES, INC., 9244 BALBOA AVENUE, SAN DIEGO CA 92123
George Iii Kreigler officer: Sr. VP Worldwide Operations
Thomas L Ringer director C/O CALIFORNIA AMPLLIFIER INC, 460 CALLE SAN PABLO, CAMARILLO CA 93012
Tesfaye Hailemichael officer: Chief Financial Officer C/O MITEK SYSTEMS, INC., 8911 BALBOA AVENUE SUITE B, SAN DIEGO CA 92123