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Capstone Green Energy (FRA:TBN2) Cash Conversion Cycle : 71.83 (As of Dec. 2022)


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What is Capstone Green Energy Cash Conversion Cycle?

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

Capstone Green Energy's Days Sales Outstanding for the three months ended in Dec. 2022 was 80.47.
Capstone Green Energy's Days Inventory for the three months ended in Dec. 2022 was 131.8.
Capstone Green Energy's Days Payable for the three months ended in Dec. 2022 was 140.44.
Therefore, Capstone Green Energy's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2022 was 71.83.


Capstone Green Energy Cash Conversion Cycle Historical Data

The historical data trend for Capstone Green 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.

Capstone Green Energy Cash Conversion Cycle Chart

Capstone Green Energy Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.53 81.47 115.72 99.84 72.71

Capstone Green Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 74.86 99.42 84.23 75.08 71.83

Competitive Comparison of Capstone Green Energy's Cash Conversion Cycle

For the Specialty Industrial Machinery subindustry, Capstone Green 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.


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

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

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



Capstone Green 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.

Capstone Green Energy's Cash Conversion Cycle for the fiscal year that ended in Mar. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=114.55+87.83-129.67
=72.71

Capstone Green Energy's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=80.47+131.8-140.44
=71.83

* 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.


Capstone Green Energy  (FRA:TBN2) 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.


Capstone Green Energy Cash Conversion Cycle Related Terms

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Capstone Green Energy (FRA:TBN2) Business Description

Traded in Other Exchanges
N/A
Address
16640 Stagg Street, Van Nuys, Los Angles, CA, USA, 91406
Capstone Green Energy Corp is the producer of low-emission microturbine systems. The company develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications. Capstone Turbine's products include onboard generation for hybrid electric vehicles; conversion of oil field and biomass waste gases into electricity; combined heat, power, and chilling solutions; capacity addition; and standby power.

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