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Iron Device (XKRX:464500) Cash Conversion Cycle : 194.71 (As of Mar. 2025)


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What is Iron Device Cash Conversion Cycle?

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

Iron Device's Days Sales Outstanding for the three months ended in Mar. 2025 was 17.4.
Iron Device's Days Inventory for the three months ended in Mar. 2025 was 204.93.
Iron Device's Days Payable for the three months ended in Mar. 2025 was 27.62.
Therefore, Iron Device's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 194.71.


Iron Device Cash Conversion Cycle Historical Data

The historical data trend for Iron Device'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.

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Iron Device Cash Conversion Cycle Chart

Iron Device Annual Data
Trend Dec22 Dec23 Dec24
Cash Conversion Cycle
573.56 315.42 114.06

Iron Device Quarterly Data
Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
Cash Conversion Cycle Get a 7-Day Free Trial 185.90 127.49 107.20 154.02 194.71

Competitive Comparison of Iron Device's Cash Conversion Cycle

For the Semiconductors subindustry, Iron Device'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.


Iron Device's Cash Conversion Cycle Distribution in the Semiconductors Industry

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

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


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Iron Device 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.

Iron Device'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
=21.39+104.2-11.53
=114.06

Iron Device's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=17.4+204.93-27.62
=194.71

* 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.


Iron Device  (XKRX:464500) 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.


Iron Device Cash Conversion Cycle Related Terms

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Iron Device Business Description

Traded in Other Exchanges
N/A
Address
139 Dosandaero, 14th floor, Sinsa-dong, J Tower, Gangnam-gu, Seoul, KOR
Iron Device Corp plans, designs, manufactures, and sells mixed-signal SoC (System-on-Chip) semiconductors. It focuses on low-power, high-performance, high-integration design. The group is a fabless semiconductor company that develops and outsources system semiconductors and software based on original technologies and supplies them to global set manufacturers. Its products are cell phones, smart speakers, smart accessories, smart homes, speaker amplifiers, and smart cars.

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