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NCR Atleos (NCR Atleos) Cash Conversion Cycle : 43.07 (As of Mar. 2024)


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What is NCR Atleos Cash Conversion Cycle?

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

NCR Atleos's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.27.
NCR Atleos's Days Inventory for the three months ended in Mar. 2024 was 36.49.
NCR Atleos's Days Payable for the three months ended in Mar. 2024 was 56.69.
Therefore, NCR Atleos's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 43.07.


NCR Atleos Cash Conversion Cycle Historical Data

The historical data trend for NCR Atleos'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.

NCR Atleos Cash Conversion Cycle Chart

NCR Atleos Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
- 51.75 46.08 45.41

NCR Atleos Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 52.27 48.97 44.21 41.82 43.07

Competitive Comparison of NCR Atleos's Cash Conversion Cycle

For the Software - Application subindustry, NCR Atleos'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.


NCR Atleos's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, NCR Atleos's Cash Conversion Cycle distribution charts can be found below:

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



NCR Atleos 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.

NCR Atleos'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
=50.9+42.12-47.61
=45.41

NCR Atleos'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
=63.27+36.49-56.69
=43.07

* 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.


NCR Atleos  (NYSE:NATL) 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.


NCR Atleos Cash Conversion Cycle Related Terms

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NCR Atleos (NCR Atleos) Business Description

Traded in Other Exchanges
N/A
Address
864 Spring Street NW, Atlanta, GA, USA, 30308
Website
NCR Atleos Corp is financial technology company providing self-directed banking solutions to a global customer base including financial institutions, merchants, manufacturers, retailers and consumers. Self-directed banking is a rapidly growing, secular trend that allows banking customers to transact seamlessly between various channels all for the same transaction. Their comprehensive solutions enable the acceleration of self-directed banking through ATM and interactive teller machine (ITM) technology, including software, services, hardware and our proprietary Allpoint network.
Executives
Andrew R Duvall officer: Vice President, other: Manager 322 S MAIN STREET, GREENVILLE SC 29601
Mary Ellen Baker director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Mark W Begor director 181 METRO DRIVE, SAN JOSE CA 95110
Odilon Almeida director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Von Gillern Jeffry H. director U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Stuart Mackinnon officer: Chief Operating Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Frank A Natoli director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Lashawne Meriwether officer: Chief Human Resources Officer 10800 ROOSEVELT BLVD. N., ST. PETERSBURG FL 33716
Paul J. Campbell officer: Chief Financial Officer 864 SPRING STREET, ATLANTA GA 30308
Ricardo J Nunez officer: EVP, General Counsel & Secrtry 3100 CUMBERLAND BLVD, STE 1700, ATLANTA GA 30339
Joseph E Reece director ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Timothy Charles Oliver officer: See Remarks C/O NCR CORPORATION, 864 SPRING STREET NW, ATLANTA GA 30308
Ncr Corp 10 percent owner 864 SPRING STREET NW, ATLANTA GA 30309
Yi Song officer: Vice President, other: Manager 864 SPRING STREET, ATLANTA GA 30308