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Braze (BRZE) Cash Conversion Cycle : 43.97 (As of Jan. 2024)


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What is Braze Cash Conversion Cycle?

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

Braze's Days Sales Outstanding for the three months ended in Jan. 2024 was 56.99.
Braze's Days Inventory for the three months ended in Jan. 2024 was 0.
Braze's Days Payable for the three months ended in Jan. 2024 was 13.02.
Therefore, Braze's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 43.97.


Braze Cash Conversion Cycle Historical Data

The historical data trend for Braze'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.

Braze Cash Conversion Cycle Chart

Braze Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Cash Conversion Cycle
75.75 65.01 70.25 65.17 54.33

Braze Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 56.13 55.68 47.21 42.25 43.97

Competitive Comparison of Braze's Cash Conversion Cycle

For the Software - Application subindustry, Braze'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.


Braze's Cash Conversion Cycle Distribution in the Software Industry

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

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



Braze 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.

Braze's Cash Conversion Cycle for the fiscal year that ended in Jan. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=65.99+0-11.66
=54.33

Braze's Cash Conversion Cycle for the quarter that ended in Jan. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=56.99+0-13.02
=43.97

* 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.


Braze  (NAS:BRZE) 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.


Braze Cash Conversion Cycle Related Terms

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


Braze (BRZE) Business Description

Industry
Traded in Other Exchanges
Address
330 West 34th Street, Floor 18, New York, NY, USA, 10001
Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries.
Executives
Phillip M Fernandez director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Pankaj Malik officer: Chief Accounting Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Myles Kleeger officer: Pres & Chief Customer Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Jonathan Hyman officer: Chief Technology Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Chelsea R. Stoner 10 percent owner C/O AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Susan Wiseman officer: General Counsel C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Russell L Fleischer 10 percent owner 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Battery Partners Xi Side Fund, Llc 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Michael Maurice Brown 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Isabelle Winkles officer: Chief Financial Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
William Magnuson director, officer: Chief Executive Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Scott R Tobin 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Dharmesh Thakker 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Jesse Feldman 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Fernando Machado director 5707 BLUE LAGOON DRIVE, MIAMI FL 33126