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Amprius Technologies (Amprius Technologies) Cash Conversion Cycle : 27.67 (As of Mar. 2024)


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What is Amprius Technologies Cash Conversion Cycle?

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

Amprius Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.87.
Amprius Technologies's Days Inventory for the three months ended in Mar. 2024 was 10.68.
Amprius Technologies's Days Payable for the three months ended in Mar. 2024 was 35.88.
Therefore, Amprius Technologies's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 27.67.


Amprius Technologies Cash Conversion Cycle Historical Data

The historical data trend for Amprius 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.

Amprius Technologies Cash Conversion Cycle Chart

Amprius Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
-69.02 -1.55 34.36 16.36

Amprius Technologies Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 112.39 46.00 28.58 4.28 27.67

Competitive Comparison of Amprius Technologies's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Amprius 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.


Amprius Technologies's Cash Conversion Cycle Distribution in the Industrial Products Industry

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

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



Amprius 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.

Amprius Technologies'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
=40.5+9.46-33.6
=16.36

Amprius Technologies's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=52.87+10.68-35.88
=27.67

* 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.


Amprius Technologies  (NYSE:AMPX) 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.


Amprius Technologies Cash Conversion Cycle Related Terms

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Amprius Technologies (Amprius Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1180 Page Avenue, Fremont, CA, USA, 94538
Amprius Technologies Inc is engaged in the production of silicon anodes for high energy density lithium-ion batteries. The company's batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.
Executives
Jonathan Bornstein officer: Chief Operating Officer 1180 PAGE AVENUE, FREMONT CA 94538
Amprius, Inc. 10 percent owner 1180 PAGE AVENUE, FREMONT CA 94538
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Stefan Constantin Ionel officer: Chief Technology Officer 1180 PAGE AVENUE, FREMONT CA 94538
Mary Gustanski director C/O DELPHI TECHNOLOGIES PLC, COURTENEY ROAD HOATH WAY, GILLINGHAM, KENT X0 X0 ME8 0RU
Kathleen A Bayless director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Donald R Dixon director 400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Sandra Wallach officer: Chief Financial Officer C/O IDENTIV,INC.,2201 WALNUT AVENUE,, SUITE 310, FREMONT CA 94538
Steven Chu director NVIDIA CORPORATION, 2701 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95050
Kang Sun director, officer: See Remarks 1180 PAGE AVENUE, FREMONT CA 94538
Wen Hsuan Hsieh director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Anders Pettersson director CARITASGATAN 23A, LIMHAMN V7 216 18
Dieter Zetsche officer: Vice Chairman and President ROSENGARTENSTR. 48, STUTTGART 2M 70184
Kensington Capital Sponsor Iv Llc 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590
Nicole Nason director 17 PIONEER MILL WAY, ALEXANDRIA VA 22314