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SKYT (SkyWater Technology) Cash Conversion Cycle : 41.97 (As of Dec. 2024)


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What is SkyWater Technology Cash Conversion Cycle?

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

SkyWater Technology's Days Sales Outstanding for the three months ended in Dec. 2024 was 69.44.
SkyWater Technology's Days Inventory for the three months ended in Dec. 2024 was 23.52.
SkyWater Technology's Days Payable for the three months ended in Dec. 2024 was 50.99.
Therefore, SkyWater Technology's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 41.97.


SkyWater Technology Cash Conversion Cycle Historical Data

The historical data trend for SkyWater Technology'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.

SkyWater Technology Cash Conversion Cycle Chart

SkyWater Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial 126.48 71.41 45.88 45.90 45.59

SkyWater Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 58.07 57.26 45.02 42.37 41.97

Competitive Comparison of SkyWater Technology's Cash Conversion Cycle

For the Semiconductors subindustry, SkyWater Technology'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.


SkyWater Technology's Cash Conversion Cycle Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SkyWater Technology's Cash Conversion Cycle distribution charts can be found below:

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


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SkyWater Technology 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.

SkyWater Technology's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=64.14+20-38.55
=45.59

SkyWater Technology's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=69.44+23.52-50.99
=41.97

* 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.


SkyWater Technology  (NAS:SKYT) 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.


SkyWater Technology Cash Conversion Cycle Related Terms

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


SkyWater Technology Business Description

Traded in Other Exchanges
N/A
Address
2401 East 86th Street, Bloomington, MN, USA, 55425
SkyWater Technology Inc is a U.S.-based, independent, pure-play technology foundry that offers semiconductor development and manufacturing services from its fabrication facilities. In its technology as a service model, it leverages a foundation of proprietary technology, engineering to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Technology Services for diverse microelectronics (integrated circuits) and related micro- and nanotechnology applications. It focuses on serving diversified, high-growth, end users in numerous vertical markets, including computation, aerospace and defense (A&D), automotive and transportation, bio-health, and industrial.
Executives
Gregory B Graves director 129 CONCORD ROAD, BILLERICA MA 01821
Loren A Unterseher director, 10 percent owner 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
John Sakamoto officer: President and COO 2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Nancy Fares director 2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Thomas Sonderman director, officer: President & CEO 16 JONSPIN ROAD, WILMINGTON MA 01887
Christopher Hilberg officer: Chief Legal Officer 2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Edward Daly director 2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Steve Manko officer: CFO 2401 EAST 86TH ST, BLOOMINGTON MN 55425
Mark Litecky officer: Chief Revenue Officer 2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Amanda Daniel officer: Chief Human Resources Officer 2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Steve Kosier officer: Chief Technology Officer 2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Bradley Ferguson officer: Chief Govt Affairs Officer 2401 EAST 86TH STREET, BLOOMINGTON MN 55425
Ddk Developments, L.l.c. 10 percent owner C/O BART L. ZIBROWSKI, 740 SADDLE WOOD DRIVE, EAGAN MN 55123
Bart L Zibrowski 10 percent owner 740 SADDLE WOOD DRIVE, EAGAN MN 55123
John T Kurtzweil director C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746