Model N Cash Conversion Cycle 2011-2025 | MODN

Annual Cash Conversion Cycle Model N

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
64.8	56.9	58.1	56.3	57	57.4	51	45.3	48.7	54.6	54.1	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
64.8	45.3	54.9

Quarterly Cash Conversion Cycle Model N

2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
101	92.1	-	76.1	87.7	70	19	56.7	71	67.4	20.5	57.4	57.8	57.1	21.7	62.1	56.9	55.8	19.2	57.6	48.9	58	18.4	54.6	60.9	54.5	17.7	48.7	42	40.2	15.6	43.2	52.4	59.8	16.6	48.9	49	51.1	18.2	58.3	58.5	66.6	18.6	50.6	32	24.6	18	24.2	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
101	15.6	48

Cash Conversion Cycle of other stocks in the Software industry

Issuer	Cash Conversion Cycle	Price	% 24h	Market Cap	Country
Agora API	-6.92	$ 3.87	-1.4 %	$ 1.44 B	China
American Software AMSWA	76.7	-	-2.14 %	$ 369 M	USA
FireEye, Inc. FEYE	221	-	-3.41 %	$ 4.13 B	USA
Check Point Software Technologies Ltd. CHKP	-58.9	$ 187.05	-2.64 %	$ 20.7 B	Israel
Borqs Technologies BRQS	-72.3	-	-23.51 %	$ 9.87 M	China
Bill.com Holdings BILL	-8.39	$ 54.22	-0.6 %	$ 5.62 B	USA
DocuSign DOCU	49.4	$ 68.26	-4.01 %	$ 13.9 B	USA
Amdocs Limited DOX	-33.7	$ 78.88	-0.6 %	$ 9.11 B	Guernsey
Box BOX	96	$ 29.78	-1.16 %	$ 4.29 B	USA
Avaya Holdings Corp. AVYA	-13.8	-	-	$ 3.47 M	USA
Future FinTech Group FTFT	-588	$ 1.04	-4.15 %	$ 21.8 M	China
Net Element, Inc. NETE	-6.11	-	8.63 %	$ 83.8 M	USA
Aspen Technology AZPN	25	-	-	$ 16.8 B	USA
BlackBerry Limited BB	64.6	$ 4.3	0.35 %	$ 2.54 B	Canada
BigCommerce Holdings BIGC	11.8	-	-	$ 371 M	USA
Black Knight BKI	45.3	-	-0.02 %	$ 11.7 B	USA
BlackLine BL	78.5	$ 57.26	-2.4 %	$ 3.56 B	USA
Bridgeline Digital BLIN	-55.9	$ 0.99	-1.56 %	$ 10.3 M	USA
Blackbaud BLKB	2.42	$ 61.78	-1.78 %	$ 3.12 B	USA
Proofpoint, Inc. PFPT	61.4	-	-	$ 10.1 B	USA
Commvault Systems CVLT	86.3	$ 119.69	-1.56 %	$ 5.25 B	USA
Bumble BMBL	-785	$ 3.45	1.77 %	$ 417 M	USA
GTY Technology Holdings GTYH	68.2	-	0.17 %	$ 355 M	USA
Zix Corporation ZIXI	63.5	-	0.12 %	$ 482 M	USA
BSQUARE Corporation BSQR	45.9	-	0.53 %	$ 38.6 K	USA
Intuit INTU	9.57	$ 657.09	-2.06 %	$ 184 B	USA
Cheetah Mobile CMCM	-50.5	$ 6.77	0.74 %	$ 9.68 B	-
Creative Realities CREX	-54	$ 2.85	0.71 %	$ 24.2 M	USA
Ceridian HCM Holding CDAY	23.5	-	-	$ 10.6 B	USA
CDK Global CDK	44.2	-	0.06 %	$ 6.34 B	USA
Datadog DDOG	6.16	$ 142.06	-2.7 %	$ 47.8 B	USA
Alteryx AYX	79.5	-	-	$ 3.42 B	USA
Bentley Systems, Incorporated BSY	-24.5	$ 40.01	-1.42 %	$ 12.6 B	USA
CyberArk Software Ltd. CYBR	-30.3	$ 450.04	-2.77 %	$ 19.9 B	Israel
Bit Digital BTBT	-36.7	$ 2.08	-7.78 %	$ 292 M	USA
8x8 EGHT	-47.4	$ 2.08	-5.25 %	$ 270 M	USA
The Descartes Systems Group Inc DSGX	-30.9	$ 89.72	-1.09 %	$ 7.59 B	Canada
Altair Engineering ALTR	75.9	-	-	$ 9.4 B	USA
Magic Software Enterprises Ltd. MGIC	-7.49	$ 26.65	0.23 %	$ 1.31 B	Israel
Cloudera, Inc. CLDR	-21.3	-	0.06 %	$ 4.74 B	Canada
ACI Worldwide ACIW	155	$ 46.72	-1.7 %	$ 4.93 B	USA
Absolute Software Corporation ABST	-19.2	-	-	$ 811 M	Canada
Bottomline Technologies (de), Inc. EPAY	-2.57	-	-	$ 2.56 B	USA
XpresSpa Group XSPA	9.06	-	-2.66 %	$ 62.4 M	USA
China Index Holdings Limited CIH	-25.8	-	-	$ 85.7 M	China
CounterPath Corporation CPAH	173	-	0.87 %	$ 22.5 M	Canada
Cornerstone OnDemand, Inc. CSOD	68.7	-	-	$ 3.84 B	USA
CooTek (Cayman) Inc. CTK	-1.68 K	-	2.36 %	$ 6.44 M	China
CYREN Ltd. CYRN	-12.1	-	-18.15 %	$ 1.77 M	USA