SHPWQ (Shapeways Holdings) Cash Conversion Cycle: 38.79 (As of Dec. 2023)


What is Shapeways Holdings Cash Conversion Cycle?

Shapeways Holdings SHPWQ -99.00% Cash Conversion Cycle is 38.79 as of Dec. 2023.

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

Shapeways Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.1.
Shapeways Holdings's Days Inventory for the three months ended in Dec. 2023 was 36.21.
Shapeways Holdings's Days Payable for the three months ended in Dec. 2023 was 38.52.
Therefore, Shapeways Holdings's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 38.79.


Shapeways Holdings  (OTCPK:SHPWQ) 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.


Shapeways Holdings Cash Conversion Cycle Related Terms


Shapeways Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Shapeways Holdings'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.

Shapeways Holdings Cash Conversion Cycle Chart

Shapeways Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
-26.39 -24.01 -11.05 -3.24 18.23

Shapeways Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.72 10.82 24.45 37.29 38.79

SHPWQ vs OPTT, NSGP, AUSI: Cash Conversion Cycle Comparison

For the Specialty Industrial Machinery subindustry, Shapeways Holdings'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.


Shapeways Holdings Cash Conversion Cycle vs Industrial Products Industry

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

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



Shapeways Holdings 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.

Shapeways Holdings'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
=33.29+30.57-45.63
=18.23

Shapeways Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=41.1+36.21-38.52
=38.79

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 38.79 mean?
Shapeways Holdings (SHPWQ) has a Cash Conversion Cycle of 38.79 as of Dec. 2023. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Shapeways Holdings and its competitors.
Is Shapeways Holdings' Cash Conversion Cycle too high?
Shapeways Holdings' current Cash Conversion Cycle is 38.79. The Industrial Products industry median Cash Conversion Cycle is 122.29. Shapeways Holdings' value of 38.79 is 68.3% below this industry median.
How does Shapeways Holdings' Cash Conversion Cycle compare to OPTT and NSGP?
Shapeways Holdings' Cash Conversion Cycle of 38.79 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Shapeways Holdings' value of 38.79 is 68.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.29, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shapeways Holdings's current Cash Conversion Cycle of 38.79 is 68.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Shapeways Holdings and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shapeways Holdings's current Cash Conversion Cycle is 38.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapeways Holdings stock overvalued right now?
Shapeways Holdings (SHPWQ) has a current Cash Conversion Cycle of 38.79. The current Cash Conversion Cycle is 38.79 and 68.3% below the Industrial Products industry median of 122.29. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Shapeways Holdings (SHPWQ), the current Cash Conversion Cycle is 38.79 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shapeways Holdings Business Description

Address 12163 Globe Street, Livonia, MI, USA, 48150
Shapeways Holdings Inc is a leading digital manufacturer combining high quality, flexible on-demand manufacturing with purpose-built proprietary software to offer customers an end-to-end digital manufacturing platform on which they can rapidly transform digital designs into physical products. It makes industrial-grade additive manufacturing accessible by fully digitizing the end-to-end manufacturing process. The Company reports in one segment, which focuses on providing additive manufacturing services to customers.