Bentley Systems Inc (BSY)
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 | — | — | 28.35 | 28.45 | 7.72 |
| Days of sales outstanding (DSO) | days | 84.83 | 87.22 | 95.34 | 89.11 | 86.73 |
| Number of days of payables | days | 23.33 | 20.76 | 23.37 | 27.78 | 36.01 |
| Cash conversion cycle | days | 61.49 | 66.46 | 100.31 | 89.78 | 58.44 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 84.83 – 23.33
= 61.49
Peer comparison
Dec 31, 2024
Company name
Symbol
Cash conversion cycle
Bentley Systems Inc
BSY
61.49
Guidewire Software Inc
GWRE
59.11
Q2 Holdings
QTWO
16.21