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Asana (ASAN) Cash Conversion Cycle : -15.01 (As of Jan. 2025)


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What is Asana Cash Conversion Cycle?

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

Asana's Days Sales Outstanding for the three months ended in Jan. 2025 was 37.42.
Asana's Days Inventory for the three months ended in Jan. 2025 was 0.
Asana's Days Payable for the three months ended in Jan. 2025 was 52.43.
Therefore, Asana's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2025 was -15.01.


Asana Cash Conversion Cycle Historical Data

The historical data trend for Asana'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.

Asana Cash Conversion Cycle Chart

Asana Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cash Conversion Cycle
Get a 7-Day Free Trial -72.83 -55.24 -14.50 6.84 4.56

Asana Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.63 -0.98 -19.05 -28.19 -15.01

Competitive Comparison of Asana's Cash Conversion Cycle

For the Software - Application subindustry, Asana'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.


Asana's Cash Conversion Cycle Distribution in the Software Industry

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

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


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Asana 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.

Asana's Cash Conversion Cycle for the fiscal year that ended in Jan. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=44.35+0-39.79
=4.56

Asana's Cash Conversion Cycle for the quarter that ended in Jan. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=37.42+0-52.43
=-15.01

* 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.


Asana  (NYSE:ASAN) 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.


Asana Cash Conversion Cycle Related Terms

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


Asana Business Description

Industry
Traded in Other Exchanges
Address
633 Folsom Street, Suite 100, San Francisco, CA, USA, 94107
Asana is a provider of collaborative work management software delivered via a cloud-based SaaS model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases, including marketing programs, managing IT approvals, and performance management. Asana's offering supports workflow management across teams, provides real time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per seat basis.
Executives
Dustin A. Moskovitz director, 10 percent owner, officer: President, CEO, & Chair P.O. BOX 2929, SAN FRANCISCO CA 94126
Eleanor B Lacey officer: GC, Corporate Secretary C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Anne Raimondi director C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Justin Rosenstein director, 10 percent owner C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Tim M Wan officer: Chief Financial Officer C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Lorrie M Norrington director C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Krista Anderson-copperman director C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Amit K. Singh director 3000 TANNERY WAY, SANTA CLARA CA 95054
Chris Farinacci officer: Chief Operating Officer C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Andrew Lindsay director C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Steven M Spurlock 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Benchmark Capital Management Co. Vi, L.l.c. 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Generation Im Climate Solutions Fund Ii, L.p. 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Founders Fund Iv Management, Llc 10 percent owner ONE LETTERMAN DRIVE, BUILDING D, SUITE 500, SAN FRANCISCO CA 94129
Matt Cohler director, 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025