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Lotus Technology (Lotus Technology) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Lotus Technology Cash Conversion Cycle?

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

Lotus Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.
Lotus Technology's Days Inventory for the six months ended in Dec. 2023 was 0.
Lotus Technology's Days Payable for the six months ended in Dec. 2023 was 0.
Therefore, Lotus Technology's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 0.00.


Lotus Technology Cash Conversion Cycle Historical Data

The historical data trend for Lotus 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.

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Lotus Technology Cash Conversion Cycle Chart

Lotus Technology Annual Data
Trend Dec21 Dec22 Dec23
Cash Conversion Cycle
813.34 534.69 3.69

Lotus Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle - 643.77 740.01 -30.93 -

Competitive Comparison of Lotus Technology's Cash Conversion Cycle

For the Auto Manufacturers subindustry, Lotus 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.


Lotus Technology's Cash Conversion Cycle Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lotus Technology's Cash Conversion Cycle distribution charts can be found below:

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



Lotus 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.

Lotus Technology'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
=28.96+91.09-116.36
=3.69

Lotus Technology'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
=0+0-0
=0.00

* 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.


Lotus Technology  (NAS:LOT) 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.


Lotus Technology Cash Conversion Cycle Related Terms

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


Lotus Technology (Lotus Technology) Business Description

Comparable Companies
Traded in Other Exchanges
Address
No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120
Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand.

Lotus Technology (Lotus Technology) Headlines

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