Box Inc (BOX)
Cash conversion cycle
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | 69.43 | — | 85.19 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 69.43 | 0.00 | 85.19 |
January 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle for Box Inc has exhibited fluctuations over the years. As of January 31, 2021, the company had a cash conversion cycle of 85.19 days, indicating that it took approximately 85 days to convert its investments in inventory and other resources into cash flow from sales. However, by January 31, 2022, Box Inc managed to reduce this cycle to 0.00 days, suggesting a significant improvement in its efficiency in managing working capital.
Subsequently, there was a rise in the cash conversion cycle to 69.43 days by January 31, 2023, signifying a slight uptick in the time taken to convert resources into cash. Notably, in the following years, namely January 31, 2024, and January 31, 2025, the company achieved a cash conversion cycle of 0.00 days, implying a commendable performance in swiftly converting investments into cash inflows without delay.
It is evident that Box Inc has made strides in optimizing its working capital management and streamlining its cash conversion cycle, thereby enhancing its operational efficiency and liquidity position over the years.
Peer comparison
Jan 31, 2025