Exponent Inc (EXPO)
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
Exponent Inc has maintained a remarkably efficient cash conversion cycle, with a consistent cycle of 0.00 days over the years 2020 to 2024. This indicates that the company is effectively managing its working capital, with quick turnover of inventory, receivables, and payables. The zero days cash conversion cycle suggests that Exponent is able to convert its investments in inventory into cash, collect receivables, and settle payables swiftly, ensuring optimal cash flow management and liquidity position. Overall, the company's ability to operate with such a short cash conversion cycle reflects strong financial efficiency and effective working capital management practices.
Peer comparison
Dec 31, 2024