Yext (YEXT) Cash Conversion Cycle : 38.67 (As of Jan. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Yext Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Yext's Days Sales Outstanding for the three months ended in Jan. 2024 was 72.01.
Yext's Days Inventory for the three months ended in Jan. 2024 was 0.
Yext's Days Payable for the three months ended in Jan. 2024 was 33.34.
Therefore, Yext's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 38.67.

Yext Cash Conversion Cycle Historical Data

The historical data trend for Yext's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Yext Cash Conversion Cycle Chart

Yext Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash Conversion Cycle

Get a 7-Day Free Trial

41.26

43.93

51.81

67.29

67.71

Yext Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash Conversion Cycle	Get a 7-Day Free Trial															58.88	52.28	32.15	21.09	38.67

Competitive Comparison of Yext's Cash Conversion Cycle

For the Software - Infrastructure subindustry, Yext's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Yext's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Yext's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Yext's Cash Conversion Cycle falls into.

Yext Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Yext's Cash Conversion Cycle for the fiscal year that ended in Jan. 2024 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	98.37	+	0	-	30.66
	=	67.71

Yext's Cash Conversion Cycle for the quarter that ended in Jan. 2024 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	72.01	+	0	-	33.34
	=	38.67

Yext (NYSE:YEXT) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.

Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.

Yext Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Yext's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.

Yext (YEXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yext Inc (NYSE:YEXT) » Definitions » Cash Conversion Cycle

Comparable Companies

BASE ATEN RDWR PGY CINT TUYA PSFE IMXI RPAY GB MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK

Traded in Other Exchanges

YEXT:Mexico 0YE:Germany 0YE:Germany

Address

61 Ninth Avenue, New York, NY, USA, 10011

Website

https://www.yext.com

Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives majority of its revenues from subscription services.

Executives

Ho Shin	officer: General Counsel	61 NINTH AVENUE, NEW YORK NY 10011
Brian Distelburger	director, officer: President	ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010
Julie Richardson	director	YEXT, INC., 1 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10010
Evan Skorpen	director	C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011
Faheem Bawa	officer: Chief Accounting Officer	C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011
Marc Ferrentino	officer: President and COO	61 NINTH AVENUE, NEW YORK NY 10011
Darryl Bond	officer: Chief Accounting Officer	ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010
Seth H. Waugh	director	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Steven Cakebread	officer: Chief Financial Officer	YEXT, INC., ONE MADISON AVE., FIFTH FLOOR, NEW YORK NY 10010
David Rudnitsky	officer: Chief Revenue Officer	C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011
Howard Lerman	director, officer: Chief Executive Officer	ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010
Tamar Yehoshua	director	301 CONGRESS AVE, STE 700, AUSTIN TX 78701
Shane Battier	director	2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Hillary B Smith	director	C/O YEXT, INC, 61 NINTH AVENUE, NEW YORK NY 10011
Michael Walrath	director	ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010