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Velo3D (Velo3D) Cash Conversion Cycle : 745.70 (As of Dec. 2023)


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What is Velo3D Cash Conversion Cycle?

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

Velo3D's Days Sales Outstanding for the three months ended in Dec. 2023 was 599.86.
Velo3D's Days Inventory for the three months ended in Dec. 2023 was 183.26.
Velo3D's Days Payable for the three months ended in Dec. 2023 was 37.42.
Therefore, Velo3D's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 745.70.


Velo3D Cash Conversion Cycle Historical Data

The historical data trend for Velo3D'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.

Velo3D Cash Conversion Cycle Chart

Velo3D Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
199.80 244.83 218.74 227.16

Velo3D Quarterly Data
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 235.51 273.71 306.91 314.10 745.70

Competitive Comparison of Velo3D's Cash Conversion Cycle

For the Computer Hardware subindustry, Velo3D'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.


Velo3D's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Velo3D's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Velo3D's Cash Conversion Cycle falls into.



Velo3D 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.

Velo3D'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
=44.23+232.31-49.38
=227.16

Velo3D'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
=599.86+183.26-37.42
=745.70

* 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.


Velo3D  (NYSE:VLD) 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.


Velo3D Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Velo3D's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Velo3D (Velo3D) Business Description

Industry
Traded in Other Exchanges
N/A
Address
511 Division Street, Campbell, CA, USA, 95008
Velo3D Inc provides an additive manufacturing ("AM"), also referred to as three-dimensional printing ("3D printing"), to deliver breakthroughs in performance, cost, and lead time in the production of high-value metal parts. The Velo3D intelligent metal additive manufacturing solution is comprised of the Velo3D Flow intelligent print preparation software, the Sapphire production system, and Velo3D Assure, real-time quality assurance software. Its complete manufacturing solution enables clients to build the parts they need, speed their development, and reduce their product costs.
Executives
Benyamin Buller director, officer: Chief Executive Officer C/O VELO3D, INC., 511 DIVISION STREET, CAMPBELL CA 95008
Bernard Chung other: Vice President, Finance C/O VELO3D, INC., 511 DIVISION STREET, CAMPBELL CA 95008
Renette Youssef officer: Chief Marketing Officer C/O VELO3D, INC., 511 DIVISION STREET, CAMPBELL CA 95008
William D. Mccombe director, officer: Chief Financial Officer C/O VELO3D, INC., 511 DIVISION STREET, CAMPBELL CA 95008
Adrian Keppler director C/O VELO3D, INC., 511 DIVISION STREET, CAMPBELL CA 95008
Matthew Joseph Walters director, officer: Chief Executive Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Ellen M Pawlikowski director 870 WINTER STREET, WALTHAM MA 02451
Michael Idelchik director C/O VELO3D, INC., 511 DIVISION STREET, CAMPBELL CA 95008
Carl Bass director C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Sven Strohband director C/O BERKSHIRE GREY, INC., 140 SOUTH ROAD, BEDFORD MA 01730
Playground Ventures, L.p. 10 percent owner 380 PORTAGE AVENUE, PALO ALTO CA 94306
Stefan Krause director PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Ricardo Angel director C/O VELO3D, INC., 511 DIVISION STREET, CAMPBELL CA 95008
Jory Bell director C/O VELO3D, INC., 511 DIVISION STREET, CAMPBELL CA 95008
Piv Fund I, L.p. 10 percent owner C/O PIVA CAPITAL, INC., 4 EMBARCADERO CENTER, SUITE 3950, SAN FRANCISCO CA 94111