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Knightscope (Knightscope) Cash Conversion Cycle : 127.70 (As of Mar. 2024)


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What is Knightscope Cash Conversion Cycle?

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

Knightscope's Days Sales Outstanding for the three months ended in Mar. 2024 was 104.93.
Knightscope's Days Inventory for the three months ended in Mar. 2024 was 64.18.
Knightscope's Days Payable for the three months ended in Mar. 2024 was 41.41.
Therefore, Knightscope's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 127.70.


Knightscope Cash Conversion Cycle Historical Data

The historical data trend for Knightscope'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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Knightscope Cash Conversion Cycle Chart

Knightscope Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
2.89 36.47 52.19 106.37 56.30

Knightscope Quarterly Data
Dec19 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 67.14 77.69 92.91 81.14 127.70

Competitive Comparison of Knightscope's Cash Conversion Cycle

For the Security & Protection Services subindustry, Knightscope'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.


Knightscope's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Knightscope's Cash Conversion Cycle distribution charts can be found below:

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



Knightscope 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.

Knightscope'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
=49.34+60.09-53.13
=56.30

Knightscope'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
=104.93+64.18-41.41
=127.70

* 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.


Knightscope  (NAS:KSCP) 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.


Knightscope Cash Conversion Cycle Related Terms

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Knightscope (Knightscope) Business Description

Traded in Other Exchanges
N/A
Address
1070 Terra Bella Avenue, Mountain View, CA, USA, 94043
Knightscope Inc is an advanced security technology company based in Silicon Valley. It designs, develops, manufactures, markets, and supports Autonomous Security Robots (ASRs) with real-time on-site data collection and analysis and a proprietary interface for both indoor and outdoor usage. In addition, it developed and operate the Knightscope Security Operations Center (KSOC) which allows real-time data access, a service accessible to all its clients.
Executives
Aaron J Lehnhardt officer: Chief Design Officer C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Suzanne Muchin director C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Mallorie Sara Burak officer: CFO C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Kristi Ross director C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Peter M Weinberg officer: General Counsel C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Patricia L Watkins director C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Stacy Dean Stephens officer: Chief Client Officer C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Mercedes Soria officer: Chief Intelligence Officer C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Linda K Solomon director C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Li William Santana director, officer: Chairman and CEO C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Patricia Howell director C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043
Hernandez Fentanez Jackeline V director C/O KNIGHTSCOPE, INC., 1070 TERRA BELLA AVENUE, MOUNTAIN VIEW CA 94043