Xometry (Xometry) Cash Conversion Cycle : 28.21 (As of Dec. 2023)

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What is Xometry Cash Conversion Cycle?

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

Xometry's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.74.
Xometry's Days Inventory for the three months ended in Dec. 2023 was 2.42.
Xometry's Days Payable for the three months ended in Dec. 2023 was 21.95.
Therefore, Xometry's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 28.21.

Xometry Cash Conversion Cycle Historical Data

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

Xometry Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

19.54

18.00

23.41

22.40

26.09

Xometry Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash Conversion Cycle	Get a 7-Day Free Trial												34.19	28.93	30.19	32.05	28.21

Competitive Comparison of Xometry's Cash Conversion Cycle

For the Specialty Industrial Machinery subindustry, Xometry'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.

Xometry's Cash Conversion Cycle Distribution in the Industrial Products Industry

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

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

Xometry 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.

Xometry'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
	=	47.01	+	2.85	-	23.77
	=	26.09

Xometry's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	47.74	+	2.42	-	21.95
	=	28.21

Xometry (NAS:XMTR) 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.

Xometry Cash Conversion Cycle Related Terms

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Xometry (Xometry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xometry Inc (NAS:XMTR) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

0N5:Germany

Address

6116 Executive Boulevard, Suite 800, North Bethesda, MD, USA, 20855

Website

https://www.xometry.com

Xometry Inc is engaged in providing AI-enabled manufacturing equipment. Its buyers include engineers, product designers, procurement and supply chain personnel, inventors, and business owners. The manufacturing processes offered by the company include CNC Machining, Injection Molding, Urethane Casting, 3D Printing, and Die Casting. The company is organized into two segments referred to as: (1) the U.S. and (2) International. The majority of the revenue is earned from the U.S. segment.

Executives

James M Rallo	officer: Chief Financial Officer	C/O LIQUIDITY SERVICES INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Matthew Leibel	officer: Chief Technology Officer	7529 STANDISH PLACE, SUITE 200, CO XOMETRY, INC., DERWOOD MD 20855
Bill Cronin	officer: Chief Revenue Officer	180 CONCORD DRIVE, MADISON CT 06824
Emily Rollins	director	C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Peter Goguen	officer: Chief Operating Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
George Hornig	director	C/O CREDIT SUISSE FIRST BOSTON PRIVATE, 11 MADISON AVE, NEW YORK NY 10010
Katharine Weymouth	director	1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Randolph Altschuler	director, officer: Chief Executive Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Laurence Zuriff	director, officer: Chief Strategy Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Kathy Mayerhofer	officer: Chief Sales Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD CA 20855
Highland Leaders Fund I, L.p.	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, Llc	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, L.p.	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9 Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9-b Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142