NV5 Global Inc (NVEE)

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
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 0.00 0.00 0.00 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 has consistently maintained a cash conversion cycle of 0.00 days throughout the periods from March 31, 2020, to December 31, 2024. A cash conversion cycle of 0.00 days indicates that the company is able to efficiently convert its investments in inventory and accounts receivable into cash without any delay between buying raw materials, producing goods or services, selling them, and receiving cash from customers.

This suggests that NV5 Global Inc effectively manages its working capital and operational efficiency to minimize the time it takes to generate cash from its core business activities. A lower or zero cash conversion cycle is generally positive as it signifies strong liquidity, effective inventory management, and speedy collection of receivables, which can enhance the company's financial health and flexibility.


Peer comparison

Dec 31, 2024

Company name
Symbol
Cash conversion cycle
NV5 Global Inc
NVEE
0.00
Johnson Controls International PLC
JCI
70.71