Strategic Education Inc (STRA)
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 | — | — | — | — | — | — | — | 2.29 | — | — | — | — | — | 1.30 | 3.65 | — | — | — | — | — |
| 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 | 2.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.30 | 3.65 | 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
Strategic Education Inc's cash conversion cycle, as per the provided data, has shown fluctuations over the quarters analyzed. The company managed to reach a zero-day cash conversion cycle in multiple periods, signifying efficient management of working capital and a quick turnover of cash. This indicates that the company is able to swiftly convert its investments in inventory and accounts receivable into cash.
However, in some quarters, such as June 30, 2021, March 31, 2023, the company experienced a slight increase in its cash conversion cycle, implying a longer time taken to convert its investments into cash. This could be due to various factors such as changes in sales patterns, payment terms, or inventory levels.
Overall, Strategic Education Inc has generally maintained a favorable cash conversion cycle, showcasing sound liquidity management practices. It is essential for the company to continuously monitor and optimize its cash conversion cycle to ensure efficient utilization of resources and sustained financial health.
Peer comparison
Dec 31, 2024