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WATT (Energous) Cash Conversion Cycle : -424.44 (As of Dec. 2024)


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What is Energous Cash Conversion Cycle?

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

Energous's Days Sales Outstanding for the three months ended in Dec. 2024 was 24.52.
Energous's Days Inventory for the three months ended in Dec. 2024 was 257.29.
Energous's Days Payable for the three months ended in Dec. 2024 was 706.25.
Therefore, Energous's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was -424.44.


Energous Cash Conversion Cycle Historical Data

The historical data trend for Energous'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.

Energous Cash Conversion Cycle Chart

Energous Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,933.07 86.79 -179.25 -1,373.52 -633.88

Energous 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 -10,118.84 -895.05 -713.41 -261.46 -424.44

Competitive Comparison of Energous's Cash Conversion Cycle

For the Scientific & Technical Instruments subindustry, Energous'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.


Energous's Cash Conversion Cycle Distribution in the Hardware Industry

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

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


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Energous 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.

Energous'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
=42.77+224.02-900.67
=-633.88

Energous'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
=24.52+257.29-706.25
=-424.44

* 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.


Energous  (NAS:WATT) 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.


Energous Cash Conversion Cycle Related Terms

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


Energous Business Description

Traded in Other Exchanges
Address
3590 North First Street, Suite 210, San Jose, CA, USA, 95134
Energous Corp has developed wireless power networks technology (WPNT), consisting of semiconductor chipsets, software controls, hardware designs, and antennas, that enable radio frequency (RF) based charging for Internet of Things (IoT) devices. The WPN technology provides a comprehensive suite of capabilities designed to power the next generation of wireless energy networks, seamlessly delivering power and data across diverse, battery-free device ecosystems. It enhances operational visibility, control, and intelligent business automation. Its products include Transmitter IC & Module, Receivers IC, Transmitter System, and Evaluation Kits.
Executives
Cesar Johnston officer: Senior VP, Engineering 303 RAY STREET, PLEASANTON CA 94566
William T Mannina officer: Acting CFO (Interim) 2300 ORCHARD PARKWAY, C/O SYMMETRICOM, SAN JOSE CA 95131
Sheryl Wilkerson director C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Rahul G. Patel director C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET STE 210, SAN JOSE CA 95134
J Michael Dodson director 1220 N. SIMON CIRCLE, ANAHEIM CA 92806
David Earle Roberson director
Neeraj Sahejpal officer: Senior VP, Product Marketing C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Brian J Sereda officer: Vice President & CFO 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Kathleen A Bayless director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Daniel W Fairfax director 1421 MCCARTHY BLVD., MILPITAS CA 95035
Reynette K. Au director C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET STE 210, SAN JOSE CA 95134
Michael Noonen director C/O 8X8 INC, 2445 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Nicolaos G. Alexopoulos director 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Stephen R Rizzone director, officer: CEO and President METVANTAGE INC, 201 CONTINENETAL BLVD SUITE 201, EL SEGUNDO CA 90245
John Gaulding director C/O MONSTER WORLDWIDE INC, 622 THIRD AVENUE, NEW YORK NY 10017