F5 Networks Inc (FFIV)
Cash conversion cycle
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | 50.00 | 43.34 | 44.12 | 47.59 | 49.99 | 51.66 | 45.46 | 22.76 | 22.07 | 28.05 | 31.45 | 38.61 | 46.24 | 30.69 | 19.92 | 14.79 | 16.32 | 17.35 | 19.43 | 22.24 |
| Days of sales outstanding (DSO) | days | 48.98 | 98.96 | 100.27 | 116.06 | 102.41 | 104.17 | 100.74 | 115.44 | 107.55 | 104.84 | 108.35 | 110.36 | 106.92 | 99.98 | 91.48 | 89.72 | 77.94 | 80.49 | 79.31 | 77.40 |
| Number of days of payables | days | 54.37 | 44.50 | 28.34 | 34.83 | 44.44 | 35.27 | 37.60 | 38.16 | 38.95 | 39.86 | 43.36 | 46.81 | 76.55 | 51.45 | 49.38 | 41.43 | 45.96 | 37.82 | 42.36 | 48.37 |
| Cash conversion cycle | days | 44.62 | 97.80 | 116.04 | 128.81 | 107.96 | 120.56 | 108.59 | 100.04 | 90.67 | 93.03 | 96.44 | 102.16 | 76.61 | 79.22 | 62.02 | 63.08 | 48.31 | 60.02 | 56.38 | 51.27 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 50.00 + 48.98 – 54.37
= 44.62
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
F5 Networks Inc
FFIV
44.62
Nutanix Inc
NTNX
-38.87
Palo Alto Networks Inc
PANW
111.07