Adobe Systems Incorporated (ADBE)
Cash conversion cycle
| Feb 28, 2025 | Nov 30, 2024 | Nov 29, 2024 | Aug 31, 2024 | Aug 30, 2024 | May 31, 2024 | Mar 1, 2024 | Feb 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Sep 1, 2023 | Aug 31, 2023 | Jun 2, 2023 | May 31, 2023 | Mar 3, 2023 | Feb 28, 2023 | Dec 2, 2022 | Nov 30, 2022 | Sep 2, 2022 | Aug 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | 34.80 | — | 31.20 | — | 36.70 | — | 40.84 | — | 34.79 | — | — | — | — | — | 42.17 | — | — | — |
| Number of days of payables | days | — | — | 55.74 | — | 48.04 | — | 43.98 | — | 47.20 | — | 49.74 | — | 55.39 | — | 49.48 | — | 62.09 | — | 53.15 | — |
| Cash conversion cycle | days | 0.00 | 0.00 | -20.94 | 0.00 | -16.84 | 0.00 | -7.28 | 0.00 | -6.36 | 0.00 | -14.96 | 0.00 | -55.39 | 0.00 | -49.48 | 0.00 | -19.92 | 0.00 | -53.15 | 0.00 |
February 28, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle (CCC) for Adobe Systems Incorporated fluctuates over the periods provided. A negative CCC indicates efficiency in managing working capital and cash flow. In September 2022, Adobe's CCC was -53.15 days, reflecting a swift conversion of inventory into cash. This trend continued in subsequent periods, with negative CCC values indicating the company's ability to collect receivables and convert inventory to cash efficiently. However, there were some periods where the CCC was positive, indicating a temporary delay in converting resources into cash. Overall, Adobe's CCC demonstrates effective management of working capital and cash flow, contributing to the company's financial stability and liquidity.
Peer comparison
Feb 28, 2025
See also:
Adobe Systems Incorporated Cash Conversion Cycle (Quarterly Data)