Liquidity Services Inc (LQDT)
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 | 19.32 | 23.26 | 30.06 | 22.60 | 41.53 | 38.14 | 47.61 | 47.57 | 28.51 | 32.44 | 41.40 | 48.41 | 35.70 | 45.23 | 41.35 | 42.77 | 42.26 | 50.25 | 50.86 | 38.39 |
| Days of sales outstanding (DSO) | days | 9.90 | 15.81 | 21.22 | 21.80 | 13.05 | 10.66 | 11.79 | 10.06 | 10.15 | 9.46 | 9.72 | 11.33 | 16.54 | 9.59 | 9.83 | 11.55 | 9.16 | 8.81 | 10.28 | 10.74 |
| Number of days of payables | days | 83.74 | 81.16 | 177.27 | 74.93 | 142.57 | 117.43 | 149.69 | 106.51 | 100.31 | 115.40 | 116.19 | 93.43 | 128.33 | 148.74 | 129.71 | 103.35 | 137.66 | 144.75 | 143.03 | 97.65 |
| Cash conversion cycle | days | -54.52 | -42.09 | -126.00 | -30.54 | -87.99 | -68.63 | -90.28 | -48.88 | -61.65 | -73.50 | -65.08 | -33.69 | -76.09 | -93.92 | -78.53 | -49.03 | -86.23 | -85.68 | -81.88 | -48.51 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 19.32 + 9.90 – 83.74
= -54.52