Match Group Inc (MTCH)
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 | — | 17.26 | — | — | 60.47 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 17.26 | 0.00 | 0.00 | 60.47 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
Match Group Inc's cash conversion cycle has shown significant fluctuations over the years.
At the end of December 2020, the company had a cash conversion cycle of 60.47 days, indicating that it took about 60 days to convert its investments in inventory and accounts receivable into cash.
However, the cash conversion cycle dropped to 0.00 days by the end of December 2021 and remained at 0.00 days by the end of December 2022. This suggests that the company was able to efficiently manage its working capital and convert its assets into cash almost immediately.
By the end of December 2023, the cash conversion cycle increased to 17.26 days, indicating a slight delay in converting assets into cash compared to the previous years.
Lastly, by the end of December 2024, the cash conversion cycle dropped back to 0.00 days.
Overall, the company has experienced fluctuations in its cash conversion cycle, with periods of efficient working capital management leading to immediate cash conversion, interspersed with slight delays in converting assets into cash. Monitoring and managing the cash conversion cycle effectively is important for maintaining liquidity and optimizing operational efficiency.
Peer comparison
Dec 31, 2024