NV5 Global Inc (NVEE)
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 | — | — | — | — | — |
| 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 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
Based on the provided data, NV5 Global Inc's cash conversion cycle has consistently been 0.00 days from December 31, 2020, to December 31, 2024. This indicates that the company is able to efficiently convert its investments in inventory and accounts receivable into cash without any delay. A cash conversion cycle of 0.00 days suggests that NV5 Global Inc has effective working capital management practices, allowing it to maintain a smooth cash flow and potentially enhance its liquidity position.
Peer comparison
Dec 31, 2024
Company name
Symbol
Cash conversion cycle
NV5 Global Inc
NVEE
0.00
Johnson Controls International PLC
JCI
70.82