Sprinklr Inc (CXM)
Cash conversion cycle
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | |||
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | |||
| Number of days of payables | days | 20.48 | 13.39 | 13.74 | 13.35 | 18.35 | 9.79 | 24.78 | 13.66 | |||
| Cash conversion cycle | days | -20.48 | -13.39 | -13.74 | -13.35 | -18.35 | -9.79 | -24.78 | -13.66 |
January 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – 20.48
= -20.48
The cash conversion cycle of Sprinklr Inc has shown volatility over the past several fiscal periods, ranging from -24.78 days to -9.79 days. A negative cash conversion cycle is generally seen as favorable as it indicates that the company is able to collect cash from customers before having to pay its suppliers.
The company's cash conversion cycle was shortest in October 2022 at -9.79 days, suggesting efficient management of its working capital during that period. However, this was followed by an increase to -24.78 days in July 2022, indicating a potential lengthening of the time taken to convert inventory and receivables into cash.
In the recent period ending January 2024, the cash conversion cycle improved to -20.48 days, which may indicate better management of receivables and payables. It is important for Sprinklr Inc to continue monitoring and optimizing its cash conversion cycle to ensure efficient utilization of resources and improve its overall financial health.
Peer comparison
Jan 31, 2024