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Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.
Compass Pathways's Days Sales Outstanding for the
three
months ended in Sep. 2024 was .
Compass Pathways's Days Inventory for the
three
months ended in Sep. 2024 was .
Compass Pathways's Days Payable for the
three
months ended in Sep. 2024 was .
Therefore, Compass Pathways's Cash Conversion Cycle (CCC) for the
three
months ended in Sep. 2024 was 0.00.
The historical data trend for Compass Pathways'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.
Compass Pathways Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Cash Conversion Cycle | Get a 7-Day Free Trial | - | - | - | - | - |
Compass Pathways Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Cash Conversion Cycle | Get a 7-Day Free Trial | - | - | - | - | - |
For the Medical Care Facilities subindustry, Compass Pathways'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.
For the Healthcare Providers & Services industry and Healthcare sector, Compass Pathways's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Compass Pathways's Cash Conversion Cycle falls into.
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.
Compass Pathways'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 |
= | + | - | ||||
= | 0.00 |
Compass Pathways's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:
Cash Conversion Cycle | = | Days Sales Outstanding | + | Days Inventory | - | Days Payable |
= | + | - | ||||
= | 0.00 |
* 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.
Compass Pathways (NAS:CMPS) 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.
Thank you for viewing the detailed overview of Compass Pathways's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.
Atai Life Sciences N.v. | 10 percent owner | 524 BROADWAY, NEW YORK NY 10013 |
Ekaterina Malievskaia | officer: Chief Innovation Officer | C/O COMPASS PATHWAYS PLC, 3RD FLOOR, 1 ASHLEY ROAD, ALTRINCHAM, CHESHIRE X0 WA14 2DT |
George Jay Goldsmith | director, 10 percent owner, officer: Chief Executive Officer | C/O COMPASS PATHWAYS PLC, 1 ASHLEY ROAD, 3RD FLOOR, ALTRINCHAM, CHESHIRE X0 WA14 2DT |
Mary-rose Hughes | officer: Interim CFO | C/O COMPASS PATHWAYS PLC, 33 BROADWICK STREET, LONDON X0 W1F0DQ |
Daphne Karydas | director | 35 GATEHOUSE DRIVE, BUILDING D, FLOOR 3, WALTHAM MA 02451 |
Kabir Nath | director, officer: Chief Executive Officer | C/O COMPASS PATHWAYS PLC, 33 BROADWICK STREET, LONDON X0 W1F 0DQ |
Annalisa Jenkins | director | C/O ARDELYX, INC., 34715 ARDENWOOD BLVD, SUITE 100, FREMONT CA 94555 |
David Y Norton | director | 8 GREENHOLM STREET, APT C, PRINCETON NJ 08540 |
Matthew A Owens | officer: General Counsel & CLO | 1900 POLARIS PARKWAY, COLUMBUS OH 43240 |
Atai Life Sciences Ag | 10 percent owner | KRAUSENSTRASSE 9-10, BERLIN 2M 10117 |
Linda Mcgoldrick | director | C/O AVADIM HEALTH, INC., 81 THOMPSON STREET, ASHEVILLE NC 28803 |
Jason Camm | director | C/O ATAI LIFE SCIENCES N.V., 180 VARICK STREET, NEW YORK NY 10014 |
Robert Mcquade | director | C/O COMPASS PATHWAYS PLC, 3RD FLOOR, 1 ASHLEY ROAD, ALTRINCHAM, CHESHIRE X0 WA14 2DT |
Michael Falvey | officer: Chief Financial Officer | C/O KARYOPHARM THERAPEUTICS INC., 85 WELLS AVENUE, 2ND FLOOR, NEWTON MA 02459 |
Guy Goodwin | officer: Chief Medical Officer | C/O COMPASS PATHWAYS PLC, 3RD FLOOR, 1 ASHLEY ROAD, ALTRINCHAM, CHESHIRE X0 WA14 2DT |
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