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INVE (Identiv) Cash Conversion Cycle : 154.03 (As of Sep. 2024)


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What is Identiv Cash Conversion Cycle?

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

Identiv's Days Sales Outstanding for the three months ended in Sep. 2024 was 59.82.
Identiv's Days Inventory for the three months ended in Sep. 2024 was 159.31.
Identiv's Days Payable for the three months ended in Sep. 2024 was 65.1.
Therefore, Identiv's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 154.03.


Identiv Cash Conversion Cycle Historical Data

The historical data trend for Identiv'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.

Identiv Cash Conversion Cycle Chart

Identiv Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.96 135.47 119.71 131.09 147.62

Identiv 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 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 345.73 59.21 195.08 348.37 154.03

Competitive Comparison of Identiv's Cash Conversion Cycle

For the Building Products & Equipment subindustry, Identiv'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.


Identiv's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, Identiv's Cash Conversion Cycle distribution charts can be found below:

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



Identiv 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.

Identiv'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
=73.38+141.81-67.57
=147.62

Identiv'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
=59.82+159.31-65.1
=154.03

* 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.


Identiv  (NAS:INVE) 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.


Identiv Cash Conversion Cycle Related Terms

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


Identiv Business Description

Traded in Other Exchanges
Address
2201 Walnut Avenue, Suite 100, Fremont, CA, USA, 94538
Identiv Inc is a security technology company. It secures and manages access to physical places, things, and information. The company has two reportable segments namely the Premises segment which includes solutions to address the premises security market for government and enterprise, including access control, video surveillance, analytics, customer experience, and other applications. Its Identity segment includes products and solutions enabling secure access to information serving the logical access and cyber security market and protecting assets and objects in the IoT with RFID. Geographically, it generates maximum revenue from the Americas and also has a presence in Europe and the Middle East, and Asia-Pacific. The company derives the majority of revenue from the Identity segment.
Executives
Steven Humphreys director, officer: CEO 6623 DUMBARTON CIRCLE, FREMONT CA 94555
Gary Kremen director 1900-B CARNEGIE AVENUE, SANTA ANA CA 92705
Richard Kuntz director MEDTRONIC, INC., 710 MEDTRONIC PWKY MS LC 310, MINNEAPOLIS MN 55432
Laura Angelini director C/O IDENTIV, INC.,, 2201 WALNUT AVE., SUITE 100, FREMONT CA 94538
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Justin Scarpulla officer: Chief Financial Officer 2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
James E Ousley director BELL MICRO, 1941 RINGWOOD AVE., SAN JOSE CA 95131
Edward Kirnbauer officer: See Remarks
Nina B. Shapiro director 2201 WALNUT AVENUE, SUITE 100, FREMONT CA 94538
Robin R. Braun director C/O IDENTIV, INC.,, FREMONT CA 94538
Arnhold & S. Bleichroeder Holdings, Inc. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
First Eagle Investment Management, Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Sandra Wallach officer: CFO C/O IDENTIV,INC.,2201 WALNUT AVENUE,, SUITE 310, FREMONT CA 94538
Steven T Finney officer: Interim CFO 2201 WALNUT AVENUE, SUITE 310, FREMONT CA 94538