CleanSpark Inc (CLSK)
Cash conversion cycle
| Sep 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | 2.81 | 1.95 | 1.54 | 2.47 | 2.89 | 2.30 | 1.36 | 0.87 | — | 20.24 | 33.60 | 2.59 | 283.85 | 45.01 | 12.15 |
| Days of sales outstanding (DSO) | days | 140.34 | 156.81 | — | — | 134.87 | 49.23 | — | — | 0.01 | 0.26 | 0.13 | 0.09 | 0.07 | 0.28 | 22.01 | 20.01 | 2.27 | 35.22 | 40.64 | 52.47 |
| Number of days of payables | days | 10.99 | 26.13 | 14.70 | 43.51 | 128.64 | 103.25 | 85.80 | 70.34 | 199.89 | 82.49 | 96.59 | 97.07 | 99.76 | 118.82 | 343.81 | 474.80 | 226.46 | 698.45 | 154.95 | 128.83 |
| Cash conversion cycle | days | 129.35 | 130.68 | -14.70 | -43.51 | 6.24 | -51.20 | -83.85 | -68.80 | -197.42 | -79.34 | -94.15 | -95.62 | -98.81 | -118.54 | -301.56 | -421.19 | -221.60 | -379.38 | -69.30 | -64.20 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 140.34 – 10.99
= 129.35