Verisk Analytics Inc (VRSK)
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 | — | 26.77 | — | — | 35.19 | 38.31 | 37.70 | 33.85 | 175.56 | 37.83 | — | 53.33 | 35.40 | 35.66 | 35.09 | 30.30 | 29.82 | 30.24 | 29.90 | 24.23 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 26.77 | 0.00 | 0.00 | 35.19 | 38.31 | 37.70 | 33.85 | 175.56 | 37.83 | 0.00 | 53.33 | 35.40 | 35.66 | 35.09 | 30.30 | 29.82 | 30.24 | 29.90 | 24.23 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle (CCC) of Verisk Analytics Inc has shown fluctuations over the years. The CCC is a measure of how long it takes for a company to convert its resources into cash flows.
From March 31, 2020, to December 31, 2020, Verisk Analytics Inc maintained a relatively stable CCC ranging between 24 to 30 days. However, from March 31, 2021, to December 31, 2021, there was a significant increase in the CCC, reaching up to 175.56 days by the end of December 2022. This prolonged CCC could indicate potential issues with liquidity or efficiency in managing working capital during this period.
Subsequently, the CCC decreased to around 33-38 days from March 31, 2023, to March 31, 2024. Notably, there were instances of CCC being reported as 0 days, suggesting a potential anomaly in the data or a significant improvement in the efficiency of cash conversion during these periods.
Overall, Verisk Analytics Inc should monitor its cash conversion cycle closely to ensure efficient management of working capital and cash flows, as a prolonged CCC can signal liquidity challenges and inefficiencies in the company's operations.
Peer comparison
Dec 31, 2024