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Power Integrations (Power Integrations) Cash Conversion Cycle : 301.53 (As of Mar. 2024)


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What is Power Integrations Cash Conversion Cycle?

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

Power Integrations's Days Sales Outstanding for the three months ended in Mar. 2024 was 13.41.
Power Integrations's Days Inventory for the three months ended in Mar. 2024 was 343.97.
Power Integrations's Days Payable for the three months ended in Mar. 2024 was 55.85.
Therefore, Power Integrations's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 301.53.


Power Integrations Cash Conversion Cycle Historical Data

The historical data trend for Power Integrations'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.

Power Integrations Cash Conversion Cycle Chart

Power Integrations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.17 120.27 85.95 120.74 219.53

Power Integrations Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 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 203.53 183.45 198.89 294.39 301.53

Competitive Comparison of Power Integrations's Cash Conversion Cycle

For the Semiconductors subindustry, Power Integrations'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.


Power Integrations's Cash Conversion Cycle Distribution in the Semiconductors Industry

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

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



Power Integrations 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.

Power Integrations'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
=14.58+252.76-47.81
=219.53

Power Integrations'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
=13.41+343.97-55.85
=301.53

* 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.


Power Integrations  (NAS:POWI) 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.


Power Integrations Cash Conversion Cycle Related Terms

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


Power Integrations (Power Integrations) Business Description

Traded in Other Exchanges
Address
5245 Hellyer Avenue, San Jose, CA, USA, 95138-1002
Power Integrations Inc design, develop and market analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, and home-automation, or internet of things applications such as networked thermostats, power strips and security devices. Geographically, revenue is generated in China and Hong Kong.
Executives
Sandeep Nayyar officer: Chief Financial Officer C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Balu Balakrishnan officer: President & CEO C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
David Mh Matthews officer: VP of Product Development 5245 HELLYER AVE, SAN JOSE CA 95138
Doug Bailey officer: VP Marketing 5245 HELLYER AVE, SAN JOSE CA 95138
Clifford Walker officer: VP of Corp Development C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Sunil Gupta officer: VP of Operations INTERSIL CORPORATION, 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Yang Chiah Yee officer: VP, Worldwide Sales 2911 ZANKER ROAD, SAN JOSE CA 95134
Radu Barsan officer: VP of Technology, Engineering 5245 HELLYER AVE, SAN JOSE CA 95138
Necip Sayiner director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Ravi Vig director C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Steven Sharp director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Ben Sutherland officer: Acting VP of Sales 5245 HELLYER AVE, SAN JOSE CA 95138
Jennifer A Lloyd director 5245 HELLYER AVE, SAN JOSE CA 95138