EPAM Systems Inc (EPAM)
Cash conversion cycle
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 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 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
EPAM Systems Inc has consistently maintained a cash conversion cycle of 0.00 days over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company efficiently manages its working capital, effectively converting its investments into sales and then quickly converting those sales into cash. A low or zero cash conversion cycle is a positive sign as it suggests that the company is able to collect cash from customers rapidly after making sales and pay its suppliers later, leading to improved liquidity and operational efficiency. EPAM Systems Inc's ability to maintain a consistent and low cash conversion cycle reflects sound financial management and operational effectiveness.
Peer comparison
Dec 31, 2024