GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Emerging Display Technologies Corp (TPE:3038) » Definitions » Cash Conversion Cycle

Emerging Display Technologies (TPE:3038) Cash Conversion Cycle : 103.68 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Emerging Display Technologies Cash Conversion Cycle?

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

Emerging Display Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.96.
Emerging Display Technologies's Days Inventory for the three months ended in Mar. 2024 was 97.04.
Emerging Display Technologies's Days Payable for the three months ended in Mar. 2024 was 51.32.
Therefore, Emerging Display Technologies's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 103.68.


Emerging Display Technologies Cash Conversion Cycle Historical Data

The historical data trend for Emerging Display Technologies'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.

Emerging Display Technologies Cash Conversion Cycle Chart

Emerging Display Technologies 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 86.49 107.10 109.26 102.67 100.77

Emerging Display Technologies 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 99.28 85.97 89.75 111.76 103.68

Competitive Comparison of Emerging Display Technologies's Cash Conversion Cycle

For the Electronic Components subindustry, Emerging Display Technologies'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.


Emerging Display Technologies's Cash Conversion Cycle Distribution in the Hardware Industry

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

* The bar in red indicates where Emerging Display Technologies's Cash Conversion Cycle falls into.



Emerging Display Technologies 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.

Emerging Display Technologies'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
=54.68+101.25-55.16
=100.77

Emerging Display Technologies'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
=57.96+97.04-51.32
=103.68

* 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.


Emerging Display Technologies  (TPE:3038) 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.


Emerging Display Technologies Cash Conversion Cycle Related Terms

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


Emerging Display Technologies (TPE:3038) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Central 1st Road, Qianzhen District, Kaohsiung City, TWN
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panel and liquid crystal displays (LCDs). Its operating segments include the domestic segment, the North America segment, and the mainland China segment. The domestic segment engages in designing, manufacturing, and selling liquid crystal displays modules and capacitive touch panel, and functions as operating headquarters of the Group. The North America segment mainly expands the North American trading business and implements marketing functions in North America. The North America segment engages in the sale of liquid crystal displays provided by the domestic segment. The mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment.

Emerging Display Technologies (TPE:3038) Headlines

No Headlines