Dynavax Technologies Corporation (DVAX)
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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 517.13 | 509.27 | 508.12 | 485.97 | 387.72 | 151.60 | 115.98 | 88.89 | 82.77 | 144.78 | 104.89 | 152.71 | 128.98 | 237.06 | 663.48 | 741.63 | 1,671.21 | 1,477.65 | 1,188.88 | 879.21 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 517.13 | 509.27 | 508.12 | 485.97 | 387.72 | 151.60 | 115.98 | 88.89 | 82.77 | 144.78 | 104.89 | 152.71 | 128.98 | 237.06 | 663.48 | 741.63 | 1,671.21 | 1,477.65 | 1,188.88 | 879.21 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 517.13 + — – —
= 517.13
The cash conversion cycle of Dynavax Technologies Corporation has shown significant fluctuations over the past few years. The company's cash conversion cycle, which measures the time it takes for a company to convert its investments in inventory and other resources into cash, has ranged from as high as 1,671.21 days to as low as 82.77 days.
In analyzing the trend, it is evident that there has been a general improvement in the cash conversion cycle over recent periods, with a notable decrease in the cycle duration. The trend indicates that the company has become more efficient in managing its working capital and converting its assets into cash.
However, it is important to highlight the volatility in the cash conversion cycle, as seen by fluctuations observed throughout the data timeline. This volatility may be indicative of changes in the company's operating cycle efficiency, management practices, or fluctuations in the industry and market conditions.
Overall, the decreasing trend in the cash conversion cycle suggests that Dynavax Technologies Corporation has been making improvements in its working capital management and operational efficiency, which is a positive indicator for the company's financial health and performance.
Peer comparison
Dec 31, 2024