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Perceptron (Perceptron) Cash Conversion Cycle : 192.08 (As of Sep. 2020)


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What is Perceptron Cash Conversion Cycle?

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

Perceptron's Days Sales Outstanding for the three months ended in Sep. 2020 was 155.42.
Perceptron's Days Inventory for the three months ended in Sep. 2020 was 98.87.
Perceptron's Days Payable for the three months ended in Sep. 2020 was 62.21.
Therefore, Perceptron's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2020 was 192.08.


Perceptron Cash Conversion Cycle Historical Data

The historical data trend for Perceptron'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.

Perceptron Cash Conversion Cycle Chart

Perceptron Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.09 153.57 169.63 176.23 188.52

Perceptron Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 164.26 150.80 224.20 224.06 192.08

Competitive Comparison of Perceptron's Cash Conversion Cycle

For the Scientific & Technical Instruments subindustry, Perceptron'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.


Perceptron's Cash Conversion Cycle Distribution in the Hardware Industry

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

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



Perceptron 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.

Perceptron's Cash Conversion Cycle for the fiscal year that ended in Jun. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=155.1+99.3-65.88
=188.52

Perceptron's Cash Conversion Cycle for the quarter that ended in Sep. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=155.42+98.87-62.21
=192.08

* 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.


Perceptron  (NAS:PRCP) 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.


Perceptron Cash Conversion Cycle Related Terms

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


Perceptron (Perceptron) Business Description

Traded in Other Exchanges
N/A
Address
47827 Halyard Drive, Plymouth, MI, USA, 48170-2461
Perceptron Inc is a metrology equipment and solutions company. It develops, produces and sells a comprehensive range of automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging and dimensional inspection and 3d scanning. Its product portfolio includes 3D machine vision solutions, robot guidance, coordinate measuring machines, laser scanning and advanced analysis software. The company and its subsidiaries operate in Europe, Asia, and the Americas. It generates the majority of its sales from Europe.
Executives
Harbert Management Corp 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Jay Freeland director, officer: Chairman, Interim Pres & CEO 125 TECHNOLOGY PARK, LAKE MARY FL 32746
Sujatha Kumar director 47827 HALYARD DR PLYMOUTH MI 48170-2461
Rick Neely director 6409 GUADALUPE MINES ROAD, SAN JOSE CA 95120
James A Ratigan director 47827 HALYARD DRIVE PLYMOUTH MI 48170
Harbert Fund Advisors, Inc. 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund, Lp 10 percent owner HARBERT DISCOVERY FUND GP, LLC, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
John F. Bryant director, 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Kenan Lucas 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund Gp, Llc 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
William Charles Taylor director 47827 HALYARD DRIVE PLYMOUTH MI 48170
Bill Roeschlein officer: Interim CFO C/O SELECTICA, INC., 3 WEST PLUMERIA, SAN JOSE CA 95134
Laura Pecoraro officer: Vice President of Finance 47827 HALYARD DR PLYMOUTH MI 48170-2461
Valkenburg Richard Van officer: V.P Global Sales & Marketing 47827 HALYARD PLYMOUTH MI 48170