Applovin Corp (APP)
Cash conversion cycle
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | 387.87 | — |
| Days of sales outstanding (DSO) | days | 109.61 | 106.04 | 91.06 | 67.24 | 74.70 |
| Number of days of payables | days | 176.25 | 128.09 | 79.39 | 95.39 | 96.76 |
| Cash conversion cycle | days | -66.64 | -22.05 | 11.67 | 359.72 | -22.06 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 109.61 – 176.25
= -66.64