Applovin Corp (APP)
Cash conversion cycle
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 387.87 | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | 108.64 | 112.15 | 109.61 | 101.03 | 99.13 | 104.23 | 106.04 | 102.22 | 84.86 | 80.06 | 91.06 | 83.52 | 86.30 | 88.76 | 67.24 | 60.05 | 64.61 | 69.32 | 74.70 | 22.21 |
| Number of days of payables | days | 198.83 | 189.93 | 176.25 | 139.43 | 126.81 | 130.46 | 128.09 | 88.84 | 79.95 | 83.54 | 79.39 | 82.87 | 93.62 | 128.89 | 95.39 | 82.65 | 84.72 | 82.14 | 96.76 | — |
| Cash conversion cycle | days | -90.19 | -77.78 | -66.64 | -38.39 | -27.68 | -26.23 | -22.05 | 13.38 | 4.91 | -3.48 | 11.67 | 0.65 | -7.32 | -40.13 | 359.72 | -22.59 | -20.11 | -12.82 | -22.06 | 22.21 |
June 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 108.64 – 198.83
= -90.19