Box Inc (BOX)
Cash conversion cycle
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | 63.08 | 65.20 | 67.63 | 69.43 | 65.70 | — | — | — | — | — | 99.04 | 85.19 | 86.89 | 87.16 | 90.11 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 63.08 | 65.20 | 67.63 | 69.43 | 65.70 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 99.04 | 85.19 | 86.89 | 87.16 | 90.11 |
January 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle of Box Inc, which measures the time it takes for a company to convert its resources into cash flows, has displayed fluctuations over the periods analyzed.
Initially, the cash conversion cycle was reported at 90.11 days as of April 30, 2020, before improving to 85.19 days by January 31, 2021. However, in the following periods, there was a significant reduction in the cash conversion cycle, reaching as low as 63.08 days by October 31, 2023.
Subsequently, in the last period of analysis, the cash conversion cycle returned to an exceptionally low level, with 0.00 days from July 31, 2021, onwards. This could indicate an efficient management of cash flows and working capital during these periods.
It is essential to further investigate the reasons behind the sudden decrease to 0.00 days and whether it is sustainable or an anomaly in the data. Monitoring the cash conversion cycle over successive periods will provide insight into Box Inc's overall liquidity management and operational efficiency.
Peer comparison
Jan 31, 2025