Dynatrace Holdings LLC (DT)

Cash conversion cycle

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Days of inventory on hand (DOH)	days	—	—	135.97	132.17	140.01
Days of sales outstanding (DSO)	days	134.17	156.55	140.53	137.71	125.60
Number of days of payables	days	31.10	29.33	35.95	47.96	27.50
Cash conversion cycle	days	103.07	127.23	240.55	221.92	238.11

March 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 134.17 – 31.10
= 103.07

The cash conversion cycle of Dynatrace Holdings LLC provides insights into how efficiently the company manages its working capital. Over the years, the company has shown fluctuations in its cash conversion cycle. As of March 31, 2021, the cash conversion cycle stood at 238.11 days, indicating that the company took around 238 days to convert its investments in inventory and other resources back into cash.

However, there seems to have been an improvement in efficiency by March 31, 2024, as the cash conversion cycle decreased significantly to 127.23 days, suggesting that the company was able to streamline its working capital management processes and convert its investments into cash more effectively.

In the most recent period, as of March 31, 2025, the cash conversion cycle is reported as 0.00 days, which may indicate an anomaly or an adjustment in the company's operations or reporting practices.

Overall, monitoring the cash conversion cycle of Dynatrace Holdings LLC over time provides valuable insights into the company's operational efficiency and financial performance in managing its liquidity and working capital effectively.