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Peraso (Peraso) Cash Conversion Cycle : 56.80 (As of Mar. 2024)


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What is Peraso Cash Conversion Cycle?

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

Peraso's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.86.
Peraso's Days Inventory for the three months ended in Mar. 2024 was 162.01.
Peraso's Days Payable for the three months ended in Mar. 2024 was 141.07.
Therefore, Peraso's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 56.80.


Peraso Cash Conversion Cycle Historical Data

The historical data trend for Peraso'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.

Peraso Cash Conversion Cycle Chart

Peraso Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
1,132.05 48.34 223.72 180.08 109.03

Peraso Quarterly Data
Dec19 Jun20 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 158.25 273.93 179.51 127.40 56.80

Competitive Comparison of Peraso's Cash Conversion Cycle

For the Semiconductors subindustry, Peraso'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.


Peraso's Cash Conversion Cycle Distribution in the Semiconductors Industry

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

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



Peraso 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.

Peraso'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
=52.76+122.22-65.95
=109.03

Peraso'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
=35.86+162.01-141.07
=56.80

* 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.


Peraso  (NAS:PRSO) 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.


Peraso Cash Conversion Cycle Related Terms

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Peraso (Peraso) Business Description

Traded in Other Exchanges
N/A
Address
2309 Bering Drive, San Jose, CA, USA, 95131
Peraso Inc is engaged in the development of high-performance 5G mmWave wireless technology. It offers chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, immersive video, and factory automation. In addition, Peraso's solutions for data and telecom networks focus on Accelerating Data Intelligence and Multi-Access Edge Computing, providing end-to-end solutions from the edge to the centralized core and into the cloud.
Executives
Mark Lunsford officer: Chief Revenue Officer
Ian Mcwalter director 2309 BERING DRIVE, SAN JOSE CA 95131
Newell Robert Y Iv director 2309 BERING DRIVE, SAN JOSE CA 95131
Roadmap Peraso Lp Ii (u.s. & Offshore) 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp Iii (u.s. & Offshore) 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Andreas Melder director 2309 BERING DRIVE, SAN JOSE CA 95131
Alex Tomkins officer: Chief Technology Officer 2309 BERING DRIVE, SAN JOSE CA 95131
Brad Lynch officer: Chief Operating Officer 2309 BERING DRIVE, SAN JOSE CA 95131
Ronald Glibbery director, officer: Chief Executive Officer 2309 BERING DRIVE, SAN JOSE CA 95131
Roadmap Innovation Fund I 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Innovation Fund Ii 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Capital General Partner Ltd 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp Ii 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp Iii 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5