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GCT Semiconductor Holding (GCT Semiconductor Holding) Cash Conversion Cycle : -408.91 (As of Mar. 2024)


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What is GCT Semiconductor Holding Cash Conversion Cycle?

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

GCT Semiconductor Holding's Days Sales Outstanding for the three months ended in Mar. 2024 was 140.06.
GCT Semiconductor Holding's Days Inventory for the three months ended in Mar. 2024 was 113.71.
GCT Semiconductor Holding's Days Payable for the three months ended in Mar. 2024 was 662.68.
Therefore, GCT Semiconductor Holding's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -408.91.


GCT Semiconductor Holding Cash Conversion Cycle Historical Data

The historical data trend for GCT Semiconductor Holding'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.

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GCT Semiconductor Holding Cash Conversion Cycle Chart

GCT Semiconductor Holding Annual Data
Trend Dec21 Dec22 Dec23
Cash Conversion Cycle
-150.84 -306.58 -519.00

GCT Semiconductor Holding Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial -302.71 -787.32 - -514.57 -408.91

Competitive Comparison of GCT Semiconductor Holding's Cash Conversion Cycle

For the Semiconductors subindustry, GCT Semiconductor Holding'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.


GCT Semiconductor Holding's Cash Conversion Cycle Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCT Semiconductor Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where GCT Semiconductor Holding's Cash Conversion Cycle falls into.



GCT Semiconductor Holding 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.

GCT Semiconductor Holding'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
=106.72+97.51-723.23
=-519.00

GCT Semiconductor Holding'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
=140.06+113.71-662.68
=-408.91

* 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.


GCT Semiconductor Holding  (NYSE:GCTS) 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.


GCT Semiconductor Holding Cash Conversion Cycle Related Terms

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GCT Semiconductor Holding (GCT Semiconductor Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2290 North 1st Street, Suite 201, San Jose, CA, USA, 95131
GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.

GCT Semiconductor Holding (GCT Semiconductor Holding) Headlines

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