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D-Wave Quantum (D-Wave Quantum) Cash Conversion Cycle : 144.58 (As of Mar. 2024)


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What is D-Wave Quantum Cash Conversion Cycle?

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

D-Wave Quantum's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.9.
D-Wave Quantum's Days Inventory for the three months ended in Mar. 2024 was 235.31.
D-Wave Quantum's Days Payable for the three months ended in Mar. 2024 was 141.63.
Therefore, D-Wave Quantum's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 144.58.


D-Wave Quantum Cash Conversion Cycle Historical Data

The historical data trend for D-Wave Quantum'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.

D-Wave Quantum Cash Conversion Cycle Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
179.35 65.88 -67.12 8.41

D-Wave Quantum Quarterly Data
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 -156.05 -198.51 -26.28 96.08 144.58

Competitive Comparison of D-Wave Quantum's Cash Conversion Cycle

For the Computer Hardware subindustry, D-Wave Quantum'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.


D-Wave Quantum's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, D-Wave Quantum's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where D-Wave Quantum's Cash Conversion Cycle falls into.



D-Wave Quantum 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.

D-Wave Quantum'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
=50.2+188.59-230.38
=8.41

D-Wave Quantum'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
=50.9+235.31-141.63
=144.58

* 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.


D-Wave Quantum  (NYSE:QBTS) 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.


D-Wave Quantum Cash Conversion Cycle Related Terms

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


D-Wave Quantum (D-Wave Quantum) Business Description

Traded in Other Exchanges
Address
3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9
D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Geographically, it derives a majority of its revenue from the United States.
Executives
Diane Nguyen officer: General Counsel 3033 BETA AVENUE, BURNABY A1 V5G4M9
Victoria Brydon officer: See remarks 3033 BETA AVENUE, BURNABY A1 V5G 4M9
Smalley Philip Adam Iii director 3033 BETA AVENUE, BURNABY A1 V5G4M9
Ziv Ehrenfeld director 3033 BETA AVENUE, BURNABY A1 V5G4M9
Steven M West director 3033 BETA AVENUE, BURNABY A1 V5G 4M9
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Stone Street 2014 Holdings, L.p. 10 percent owner P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014 Employee Offshore Aggregator, L.p. 10 percent owner P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014, L.p. Mbd 10 percent owner 200 WEST STREET, NEW YORK NY 10282-2198
Bridge Street 2014, L.p. 10 percent owner 200 WEST STREET, NEW YORK NY 10282-2198
Broad Street Principal Investments, L.l.c. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Roger Biscay director 1545 RIVER PARK DRIVE, SUITE 210, SACRAMENTO CA 95815
Alan E Baratz director, officer: President & CEO 3033 BETA AVENUE, BURNABY A1 V5G 4M9
Gelderen Eduard Van director 3033 BETA AVENUE, BURNABY A1 V5G 4M9