Sprinklr Inc (CXM)
Liquidity ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.65 | 1.74 | 1.61 | 1.83 | 1.89 | 2.23 | 2.07 | 1.99 | 1.88 | 2.06 | 1.99 | 2.03 | 2.07 | 2.38 | 2.48 | 1.61 | 1.63 | 1.63 |
| Quick ratio | 0.93 | 1.14 | 1.02 | 1.33 | 1.31 | 1.65 | 1.48 | 1.41 | 1.26 | 1.48 | 1.38 | 1.40 | 1.37 | 1.74 | 1.82 | 0.95 | 0.93 | 0.93 |
| Cash ratio | 0.93 | 1.14 | 1.02 | 1.33 | 1.31 | 1.65 | 1.48 | 1.41 | 1.26 | 1.48 | 1.38 | 1.40 | 1.37 | 1.74 | 1.82 | 0.95 | 0.93 | 0.93 |
Sprinklr Inc's liquidity ratios show a healthy trend over the years. The current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, has been consistently above 1, indicating the company has more than enough current assets to cover its short-term obligations.
The quick ratio, a more stringent liquidity measure that excludes inventory from current assets, also demonstrates solid liquidity position for Sprinklr Inc. Although it slightly fluctuates, the quick ratio has generally been above 1, suggesting the company has an adequate level of highly liquid assets to cover short-term liabilities without relying on inventory.
The cash ratio, which is the most conservative liquidity ratio focusing solely on cash and cash equivalents to current liabilities, shows a similar pattern to the quick ratio. Sprinklr Inc's cash ratio remains above 1, indicating the company can easily cover its short-term obligations with its cash and cash equivalents alone.
Overall, based on these liquidity ratios, Sprinklr Inc appears to have a strong liquidity position, indicating its ability to meet its short-term financial obligations without facing liquidity issues.
Additional liquidity measure
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 46.67 | 0.00 | 0.00 | 0.00 | 57.92 | 0.00 | 113.96 | 0.00 | 109.01 | 0.00 | 177.72 | 185.84 | 188.37 |
The cash conversion cycle is a key metric that measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales. For Sprinklr Inc, the cash conversion cycle has shown fluctuations over the years.
As of October 31, 2020, the cash conversion cycle was 188.37 days. This indicates that it took the company almost 6 months to complete a full cash cycle. However, the company managed to reduce this cycle gradually over time.
By the period of July 31, 2021, the cash conversion cycle dropped to 0.00 days, suggesting that the company was able to convert its resources into cash almost instantly. This could be a positive sign of efficiency in managing working capital and operations.
Subsequently, the cash conversion cycle increased again but dropped significantly to 57.92 days by October 31, 2022. This reduction could indicate improved efficiency in managing inventory, accounts payable, and accounts receivable.
Further improvements were seen in the following periods, with the cash conversion cycle reaching as low as 46.67 days by October 31, 2023. This trend suggests that Sprinklr Inc was effectively managing its working capital and operations to generate cash more quickly.
Overall, the analysis of Sprinklr Inc's cash conversion cycle reveals a trend of improving efficiency in working capital management over time, resulting in a quicker conversion of resources into cash inflows.