DoubleVerify Holdings Inc (DV)

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 Sep 30, 2020 Jun 30, 2020
Days of inventory on hand (DOH) days
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 0.00 0.00 0.00 0.00 0.00 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

Based on the provided data, DoubleVerify Holdings Inc has consistently maintained a cash conversion cycle of 0.00 days for multiple consecutive periods from June 30, 2020, to December 31, 2024. The cash conversion cycle measures the time it takes for a company to convert its investments in inventory and other resources into cash inflows from sales.

A cash conversion cycle of 0.00 days suggests that DoubleVerify Holdings Inc has been able to efficiently manage its operating cycle, indicating that the company is able to quickly convert its resources into cash. This efficiency in its cash conversion cycle may imply effective inventory management, timely collection of receivables, and optimized payment of payables.

Overall, the consistent 0.00 days cash conversion cycle for an extended period highlights DoubleVerify Holdings Inc's ability to efficiently manage its working capital and illustrates a strong liquidity position in converting its operating activities into cash flows.