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Bloom Energy (Bloom Energy) Cash Conversion Cycle : 319.30 (As of Mar. 2024)


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What is Bloom Energy Cash Conversion Cycle?

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

Bloom Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 133.63.
Bloom Energy's Days Inventory for the three months ended in Mar. 2024 was 238.02.
Bloom Energy's Days Payable for the three months ended in Mar. 2024 was 52.35.
Therefore, Bloom Energy's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 319.30.


Bloom Energy Cash Conversion Cycle Historical Data

The historical data trend for Bloom Energy'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.

Bloom Energy Cash Conversion Cycle Chart

Bloom Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 61.91 70.79 70.85 82.30 157.65

Bloom Energy 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 173.58 204.09 145.16 205.72 319.30

Competitive Comparison of Bloom Energy's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Bloom Energy'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.


Bloom Energy's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bloom Energy's Cash Conversion Cycle distribution charts can be found below:

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



Bloom Energy 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.

Bloom Energy'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
=80.99+123.88-47.22
=157.65

Bloom Energy'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
=133.63+238.02-52.35
=319.30

* 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.


Bloom Energy  (NYSE:BE) 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.


Bloom Energy Cash Conversion Cycle Related Terms

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


Bloom Energy (Bloom Energy) Business Description

Address
4353 North First Street, San Jose, CA, USA, 95134
Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems ("Energy Servers") for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. In 2021, the company announced plans to leverage its technology and enter the electrolyzer market. Bloom primarily sells its systems in the United States and South Korea.
Executives
Guillermo Brooks officer: EVP, Sales - Americas 4353 NORTH FIRST STREET, SAN JOSE CA 95134
Shawn Marie Soderberg officer: EVP, GC & Secretary 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Sharelynn Faye Moore officer: EVP, Chief Marketing Officer 424 W. HIGH DRIVE, SPOKANE WA 99203
Cynthia J Warner director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Kr Sridhar director, officer: Chairman & CEO 1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Glen Griffiths officer: EVP, Services 4353 NORTH FIRST STREET, SAN JOSE CA 95134
Gregory D Cameron officer: See Remarks 4353 NORTH FIRST STREET, SAN JOSE CA 95134
Eddy Zervigon director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Jeffrey R Immelt director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John T Chambers director 170 W. TASMAN DR., SAN JOSE CA 95134-1706
Michael J Boskin director C/O RIPPLEWOOD HOLDINGS LLC, ONE ROCKERFELLER PLAZA, NEW YORK NY 10020
Mary K Bush director 3509 WOODBINE STREET, CHEVY CHASE MD 20815
Swaminathan Venkataraman officer: EVP of Engineering and CTO 1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Sk Ecoplant Co., Ltd. 10 percent owner 19 YULGOK-RO 2-GIL, JONGNO-GU, SEOUL M5 03149
Susan Seilheimer Brennan officer: EVP and COO 1299 ORLEANS DRIVE, SUNNYVALE CA 94089