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Qualstar (Qualstar) Cash Conversion Cycle : 129.03 (As of Sep. 2023)


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What is Qualstar Cash Conversion Cycle?

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

Qualstar's Days Sales Outstanding for the three months ended in Sep. 2023 was 55.56.
Qualstar's Days Inventory for the three months ended in Sep. 2023 was 104.76.
Qualstar's Days Payable for the three months ended in Sep. 2023 was 31.29.
Therefore, Qualstar's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 129.03.


Qualstar Cash Conversion Cycle Historical Data

The historical data trend for Qualstar'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.

Qualstar Cash Conversion Cycle Chart

Qualstar Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.94 142.70 85.77 114.18 119.00

Qualstar Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.57 111.43 197.72 139.71 129.03

Competitive Comparison of Qualstar's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Qualstar'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.


Qualstar's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qualstar's Cash Conversion Cycle distribution charts can be found below:

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



Qualstar 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.

Qualstar's Cash Conversion Cycle for the fiscal year that ended in Dec. 2019 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=56.7+100.07-37.77
=119.00

Qualstar'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
=55.56+104.76-31.29
=129.03

* 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.


Qualstar  (OTCPK:QBAK) 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.


Qualstar Cash Conversion Cycle Related Terms

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


Qualstar (Qualstar) Business Description

Traded in Other Exchanges
N/A
Address
1 Jenner, Suite 200, Irvine, CA, USA, 92618
Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.
Executives
Joy C. Hou director C/O QUALSTAR CORPORATION, 1267 FLYNN ROAD, CAMARILLO CA 93012
Steven N Bronson director, 10 percent owner, officer: Chief Executive Officer
William J Gervais 10 percent owner 1925 ANGUS AVENUE, UNIT B, SIMI VALLEY CA 93063
Leonard Hagan director 650 THOMAS AVENUE, BALDWIN NY 11510
Bkf Capital Group Inc 10 percent owner 1 JENNER, SUITE 200, IRVINE CA 92618
Bkf Asset Holdings, Inc. 10 percent owner 3990-B HERITAGE OAK COURT, SIMI VALLEY CA 93063
David John Wolenski director 5328 W. BURGUNDY PL., LITTLETON CO 80123
Nicholas Yarymovych director 1716 ADDISON ROAD, PALOS VERDES ESTATES CA 90274
Louann Negrete officer: Chief Financial Officer 31248 OAK CREST DR. SUITE 120, WESTLAKE VILLAGE CA 91361
Miller Lloyd I Iii 10 percent owner
Sean Michael Leder director 31248 OAK CREST DRIVE, SUITE 120, WEST LAKE VILLAGE CA 91361
Jan Daniel Ko Chieh officer: Executive Vice President 4401 MAR ESCARPA, SAN CLEMENTE CA 92673
William J Lurie officer: VP Engineering 3990-B HERITAGE OAK CT., SIMI VALLEY CA 93063
Dale Edward Wallis director 2221 SW 118TH STREET, OKLAHOMA CITY OK 73170
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

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