New York Times Company (NYT)
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 | — | — | — | — | — | 16.41 | 17.87 | 17.26 | 16.56 | 18.53 | 15.08 | 14.25 | 11.66 | 14.04 | 13.39 | 12.62 | 11.21 | 13.07 | 12.35 | 13.93 |
| 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 | 16.41 | 17.87 | 17.26 | 16.56 | 18.53 | 15.08 | 14.25 | 11.66 | 14.04 | 13.39 | 12.62 | 11.21 | 13.07 | 12.35 | 13.93 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle of New York Times Company, which represents the time it takes for the company to convert its investments in inventory and other resources into cash flows from sales, has shown some fluctuations over the quarters.
From March 2020 to December 2021, the company's cash conversion cycle remained relatively stable, fluctuating between approximately 11 to 14 days. This indicates that the company efficiently managed its working capital during this period.
However, there was a notable increase in the cash conversion cycle in the subsequent quarters of 2022 and 2023, reaching its peak at 18.53 days in September 2022. This increase suggests that the company might have experienced challenges in managing its working capital efficiently during this period, potentially leading to an increase in the time it takes to convert investments into cash.
The sudden drop to 0 days in the cash conversion cycle from December 2023 onwards might indicate a data reporting issue or a significant change in the company's operational or financial structure, which might require further investigation for the true assessment of the cash conversion cycle trend.
Overall, assessing the cash conversion cycle of New York Times Company and its trends over time can provide valuable insights into the company's working capital management efficiency and operational performance.
Peer comparison
Dec 31, 2024