Match Group Inc (MTCH)
Cash conversion cycle
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | 52.49 | — | — | — | 47.16 | — | — | — |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 52.49 | 0.00 | 0.00 | 0.00 | 47.16 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle is a measure of how long it takes a company to convert its investments in inventory into cash flows from sales. For Match Group Inc, the cash conversion cycle has shown fluctuations over the years based on the provided data.
As of December 31, 2020, the company had a cash conversion cycle of 47.16 days, indicating that it took approximately 47 days for Match Group Inc to convert its investments in inventory into cash from sales. This figure increased to 52.49 days by December 31, 2021.
However, for the periods from March 31, 2020 to June 30, 2022, and from September 30, 2022 to December 31, 2024, the cash conversion cycle was recorded as 0.00 days, suggesting that during those periods, Match Group Inc was able to efficiently convert its inventory investments into cash, possibly due to effective inventory management and quick sales turnover.
Overall, while there were fluctuations in the cash conversion cycle for Match Group Inc, periods of zero days indicate efficient inventory management and quick cash conversion processes within the company. It's important for the company to monitor this metric regularly to ensure optimal working capital management.
Peer comparison
Dec 31, 2024