Duolingo Inc (DUOL)
Cash conversion cycle
| 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 | — | — | — | — | — | — | 130.65 | 133.87 | 128.63 | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 130.65 | 133.87 | 128.63 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle for Duolingo Inc remained consistently low at 0.00 days from December 31, 2020, to September 30, 2022, indicating efficient management of cash flows and working capital during this period. However, the cash conversion cycle increased significantly to 128.63 days by December 31, 2022, peaking at 133.87 days by March 31, 2023, and then slightly decreasing to 130.65 days by June 30, 2023. This increase suggests a potential delay in converting raw materials into cash during these quarters.
Subsequently, the cash conversion cycle returned to 0.00 days from September 30, 2023, indicating a possible adjustment in inventory management or collection practices that improved the efficiency of cash conversion. The cycle remained at 0.00 days until at least December 31, 2024, highlighting a successful effort to optimize cash flow processes and maintain a positive cash position. Overall, Duolingo Inc's cash conversion cycle exhibited variability but generally demonstrated an ability to effectively manage working capital and cash flows.
Peer comparison
Dec 31, 2024