Thryv Holdings Inc (THRY)
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 | — | — | — | — | 37.17 | 38.12 | 27.61 | 35.92 | 21.70 | 24.87 | 28.63 | 37.43 | 20.05 | 29.99 | 34.40 | 34.49 | 24.79 | 28.06 | — | 27.43 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 0.00 | 37.17 | 38.12 | 27.61 | 35.92 | 21.70 | 24.87 | 28.63 | 37.43 | 20.05 | 29.99 | 34.40 | 34.49 | 24.79 | 28.06 | 0.00 | 27.43 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle of Thryv Holdings Inc has exhibited fluctuations over the period from March 2020 to December 2024. The cash conversion cycle represents the time it takes for the company to convert its investments in inventory and other resources into cash from sales.
Thryv's cash conversion cycle ranged from a low of 0.00 days in certain quarters to a high of 38.12 days in September 2023. A lower cash conversion cycle indicates that the company is able to convert its investments into cash more quickly, which may be a sign of efficient operations and strong liquidity management.
The company experienced significant improvements in its cash conversion cycle towards the end of the analyzed period, with values decreasing notably in the last quarters of 2022 and early 2023. This trend suggests that Thryv managed to streamline its operations and enhance its cash flow efficiency during that time.
However, it is worth noting the sudden return to 0.00 days in the cash conversion cycle in the last four quarters of the dataset, which could indicate a potential data reporting issue or a significant shift in the company's operational dynamics that requires further investigation.
Overall, a fluctuating cash conversion cycle for Thryv Holdings Inc over the period under review highlights the importance of closely monitoring the company's operational efficiency and working capital management strategies to ensure sustained financial performance and liquidity.