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Complete Solaria (Complete Solaria) Cash Conversion Cycle : 109.82 (As of Mar. 2024)


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What is Complete Solaria Cash Conversion Cycle?

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

Complete Solaria's Days Sales Outstanding for the three months ended in Mar. 2024 was 214.58.
Complete Solaria's Days Inventory for the three months ended in Mar. 2024 was 34.3.
Complete Solaria's Days Payable for the three months ended in Mar. 2024 was 139.06.
Therefore, Complete Solaria's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 109.82.


Complete Solaria Cash Conversion Cycle Historical Data

The historical data trend for Complete Solaria'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.

Complete Solaria Cash Conversion Cycle Chart

Complete Solaria Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
- 40.83 92.31 82.48

Complete Solaria Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 134.48 114.39 69.89 84.40 109.82

Competitive Comparison of Complete Solaria's Cash Conversion Cycle

For the Solar subindustry, Complete Solaria'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.


Complete Solaria's Cash Conversion Cycle Distribution in the Semiconductors Industry

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

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



Complete Solaria 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.

Complete Solaria'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
=112.48+42.12-72.12
=82.48

Complete Solaria's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=214.58+34.3-139.06
=109.82

* 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.


Complete Solaria  (NAS:CSLR) 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.


Complete Solaria Cash Conversion Cycle Related Terms

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Complete Solaria (Complete Solaria) Business Description

Traded in Other Exchanges
N/A
Address
45700 Northport Loop East, Fremont, CA, USA, 94538
Complete Solaria Inc is a solar company with unique technology and an end-to-end customer offering, which is expected to include financing, project fulfilment, and customer service, allowing it to sell more products across more markets and enable more options for customers wishing to make the switch to a more energy-efficient lifestyle.
Executives
David John Anderson director, officer: CMO; EVP Strategic Partnership C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Vikas Desai officer: President; GM Business Units C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Thurman J Rodgers director, 10 percent owner 535 EASTVIEW WAY, WOODSIDE CA 94062
William James Anderson director, officer: Chief Executive Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Arnaud Lepert officer: Chief Operating Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Devin Whatley director C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Brian Wuebbels officer: Chief Financial Officer C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376
Ronald J Pasek director 101 INNOVATION DRIVE, SAN JOSE CA 95134
Antonio R Alvarez director 3901 N. FIRST ST., SAN JOSE CA 95134
Edward Qiang Zeng director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 100005
Nell Cady-kruse director C/O VARAGON CAPITAL CORPORATION, 299 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10171
David Poritz director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Adam Gishen officer: Chief Executive Officer 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Freedom Acquisition I Llc 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Tidjane Thiam director C/O TWENTY-FIRST CENTURY FOX, INC., NEW YORK NY 10036