PTC Inc (PTC)
Cash conversion cycle
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | 98.75 | — | — | — | — | — | — | — | — | — | — | — | 79.71 |
| Days of sales outstanding (DSO) | days | 133.39 | 105.24 | 111.46 | 109.62 | 136.88 | 111.05 | 114.84 | 113.45 | 141.23 | 110.91 | 118.63 | 105.66 | 120.18 | 90.63 | 99.09 | 95.17 | 109.28 | 92.02 | 97.09 | 99.11 |
| Number of days of payables | days | — | 7.20 | 7.01 | 16.91 | 19.86 | 38.43 | 15.86 | 11.53 | 35.99 | 16.04 | 33.82 | 36.80 | 37.97 | 15.40 | 22.61 | 31.67 | 32.83 | 24.04 | 23.86 | 32.83 |
| Cash conversion cycle | days | 133.39 | 98.03 | 104.46 | 92.72 | 117.02 | 72.62 | 98.98 | 200.66 | 105.24 | 94.87 | 84.81 | 68.86 | 82.21 | 75.23 | 76.48 | 63.50 | 76.45 | 67.98 | 73.24 | 146.00 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 133.39 – —
= 133.39
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
PTC Inc
PTC
133.39
Bentley Systems Inc
BSY
42.39
Fair Isaac Corporation
FICO
-54.61
Guidewire Software Inc
GWRE
59.31
Q2 Holdings
QTWO
27.22