IAC Inc. (IAC)
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 | — | — | — | 8.58 | 124.70 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 8.58 | 124.70 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle of IAC Inc. has shown a significant improvement over the years. Starting at 124.70 days in December 2020, the company managed to reduce it to 8.58 days by December 2021. Further impressive progress was made as the cash conversion cycle was reduced to 0.00 days by December 2022, and it remained at this level until December 2024. This indicates that IAC Inc. has efficiently managed its working capital, translating sales into cash quickly and effectively managing its accounts payable and inventory turnover. A cash conversion cycle of 0.00 days suggests that the company is able to collect cash from customers before having to pay its suppliers or cover its inventory costs, leading to improved liquidity and financial efficiency.
Peer comparison
Dec 31, 2024