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Research Frontiers (Research Frontiers) Cash Conversion Cycle : 285.70 (As of Mar. 2024)


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What is Research Frontiers Cash Conversion Cycle?

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

Research Frontiers's Days Sales Outstanding for the three months ended in Mar. 2024 was 285.7.
Research Frontiers's Days Inventory for the three months ended in Mar. 2024 was 0.
Research Frontiers's Days Payable for the three months ended in Mar. 2024 was 0.
Therefore, Research Frontiers's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 285.70.


Research Frontiers Cash Conversion Cycle Historical Data

The historical data trend for Research Frontiers'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.

Research Frontiers Cash Conversion Cycle Chart

Research Frontiers 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 157.06 276.39 206.63 480.58 319.48

Research Frontiers 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 234.38 332.94 385.87 252.11 285.70

Competitive Comparison of Research Frontiers's Cash Conversion Cycle

For the Electronic Components subindustry, Research Frontiers'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.


Research Frontiers's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Research Frontiers's Cash Conversion Cycle distribution charts can be found below:

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



Research Frontiers 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.

Research Frontiers'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
=319.48+0-0
=319.48

Research Frontiers'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
=285.7+0-0
=285.70

* 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.


Research Frontiers  (NAS:REFR) 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.


Research Frontiers Cash Conversion Cycle Related Terms

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


Research Frontiers (Research Frontiers) Business Description

Traded in Other Exchanges
N/A
Address
240 Crossways Park Drive, Woodbury, NY, USA, 11797-2033
Research Frontiers Inc is engaged in the development and marketing of technology and devices to control the flow of light. The company develops and licenses its patented suspended particle device light-control technology to other companies that manufacture and market the SPD-Smart chemical emulsion, the light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products. Its revenue source comes from the licensing of technology.
Executives
Darryl Daigle director 3213 WYTCHWOOD DRIVE, MORGAN CITY LA 70380
Eyal Peso director C/O GAUZY LTD., 14 HATHIYA STREET, TEL AVIV-YAFO L3 6816914
Kevin Douglas 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
William Graham Settle director 6003 COBRIDGE SQUARE, RALEIGH NC 27609
Michael R Lapointe officer: Vice President-Marketing
Alexander Kaganowicz director 1217 CARLLS STRAIGHT PATH, DIX HILLS NY 11746
Joseph M Harary director, officer: Persident and CEO
Grimes George Gregory director 24 FIFTH AVENUE, APT. 1530, NEW YORK NY 10011
Douglas Family Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
James & Jean Douglas Irrevocable Descendants Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Voorhees Seth Van officer: VicePresident-Business Dev/CFO 12 HARVEY DRIVE, SHORT HILLS NJ 07078
Robert L Saxe director, officer: Chairman/CTO
Steven Michael Slovak officer: Vice President-Technology 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Jack Derby director 399 BOYLSTON STREET, BOSTON MA 02117
Victor F Keen director C/O RESEARCH FRONTIERS INC., 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797

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