Crowdstrike Holdings Inc (CRWD)

Liquidity ratios

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 Jan 31, 2020
Current ratio 1.80 1.76 1.74 1.82 1.78 1.73 1.76 1.80 1.83 1.83 1.90 1.98 2.07 2.65 1.91 2.18 2.25 2.38 2.53 2.94
Quick ratio 1.64 1.60 1.59 1.66 1.63 1.58 1.62 1.66 1.68 1.68 1.76 1.82 1.94 2.50 1.76 2.01 2.07 2.18 2.36 2.76
Cash ratio 1.38 1.29 1.35 1.42 1.41 1.28 1.36 1.41 1.44 1.42 1.54 1.58 1.72 2.22 1.51 1.76 1.81 1.85 2.01 2.42

CrowdStrike Holdings Inc has demonstrated relatively stable liquidity ratios over the period of Apr 30, 2020, to Apr 30, 2024. The current ratio, which measures the company's ability to cover short-term obligations with current assets, has ranged between 1.73 to 2.94, with an average of approximately 2.01. This indicates that the company has generally maintained a healthy level of current assets relative to current liabilities.

The quick ratio, a more stringent measure of liquidity that excludes inventory from current assets, has shown a similar trend, ranging between 1.58 to 2.76, with an average of around 1.96. This suggests that CrowdStrike Holdings Inc has adequate liquid assets to cover its short-term liabilities without relying on inventory.

Further, the cash ratio, which indicates the proportion of current liabilities covered by cash and cash equivalents, has varied between 1.28 to 2.42, with an average of about 1.71. This demonstrates that the company holds a substantial amount of cash and cash equivalents compared to its current liabilities, providing a sense of financial security and ability to meet obligations.

Overall, based on these liquidity ratios, CrowdStrike Holdings Inc appears to have maintained a strong liquidity position, with adequate resources to meet its short-term financial commitments.

See also:

Crowdstrike Holdings Inc Liquidity Ratios (Quarterly Data)

Additional liquidity measure

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 Jan 31, 2020
Cash conversion cycle days 71.64 93.50 94.26 99.65 98.46 128.77 103.17 106.93 116.52 117.07 113.01 112.64 109.75 129.97 111.10 107.80 121.37 151.41

The cash conversion cycle of Crowdstrike Holdings Inc has fluctuated over the past few years, indicating varying efficiency in managing its operating cycle. The cycle measures the time it takes for the company to convert its investments in inventory and accounts receivable into cash.

From April 2020 to January 2021, the company experienced a high cash conversion cycle, peaking at 151.41 days, suggesting potential inefficiencies in managing inventory and collecting receivables. However, from January 2021 to January 2022, there was a gradual improvement in the cycle, indicating better management of working capital.

The cycle then increased slightly from January 2022 to January 2023, reaching its peak at 128.77 days in January 2023, before decreasing in the following quarters. Despite this improvement, the cycles remained relatively high, hovering around the 100-day mark until April 2024.

Overall, Crowdstrike Holdings Inc should continue monitoring and optimizing its cash conversion cycle to ensure efficient utilization of resources and timely cash flows in its operations.