Stock Analysis on Net

e.l.f. Beauty, Inc. (NYSE:ELF)

This company has been moved to the archive! The financial data has not been updated since August 9, 2024.

Analysis of Short-term (Operating) Activity Ratios
Quarterly Data

Microsoft Excel

Short-term Activity Ratios (Summary)

e.l.f. Beauty, Inc., short-term (operating) activity ratios (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Turnover Ratios
Inventory turnover 1.65 1.57 1.29 1.58 2.17 2.32 2.07 1.89 2.06 1.66 1.61 1.75 2.31 1.97 1.52 1.57 1.90 2.20
Receivables turnover 7.27 8.27 7.35 8.83 7.43 8.52 7.50 8.31 7.99 8.61 8.05 8.34 8.13 7.92 6.74 8.64 9.64 9.52
Payables turnover 4.12 3.70 3.62 3.65 3.99 6.00 5.24 7.98 9.04 7.30 6.01 6.97 7.36 7.13 5.20 4.93 4.67 8.21
Working capital turnover 4.91 5.75 5.86 2.71 2.58 2.96 2.83 2.55 2.70 3.06 3.10 3.36 3.51 3.29 3.21 3.22 3.26 3.48
Average No. Days
Average inventory processing period 221 233 283 231 168 158 177 193 177 220 227 208 158 185 240 232 192 166
Add: Average receivable collection period 50 44 50 41 49 43 49 44 46 42 45 44 45 46 54 42 38 38
Operating cycle 271 277 333 272 217 201 226 237 223 262 272 252 203 231 294 274 230 204
Less: Average payables payment period 89 99 101 100 91 61 70 46 40 50 61 52 50 51 70 74 78 44
Cash conversion cycle 182 178 232 172 126 140 156 191 183 212 211 200 153 180 224 200 152 160

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

Short-term activity ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. e.l.f. Beauty, Inc. inventory turnover ratio improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Receivables turnover An activity ratio equal to revenue divided by receivables. e.l.f. Beauty, Inc. receivables turnover ratio improved from Q3 2024 to Q4 2024 but then deteriorated significantly from Q4 2024 to Q1 2025.
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. e.l.f. Beauty, Inc. payables turnover ratio increased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Working capital turnover An activity ratio calculated as revenue divided by working capital. e.l.f. Beauty, Inc. working capital turnover ratio deteriorated from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.

Short-term activity ratio Description The company
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. e.l.f. Beauty, Inc. number of days of inventory outstanding improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.
Operating cycle Equal to average inventory processing period plus average receivables collection period. e.l.f. Beauty, Inc. operating cycle improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. e.l.f. Beauty, Inc. number of days of payables outstanding decreased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Cash conversion cycle A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. e.l.f. Beauty, Inc. cash conversion cycle improved from Q3 2024 to Q4 2024 but then slightly deteriorated from Q4 2024 to Q1 2025.

Inventory Turnover

e.l.f. Beauty, Inc., inventory turnover calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Selected Financial Data (US$ in thousands)
Cost of sales 93,194 93,941 78,986 63,142 63,767 58,231 47,812 42,789 39,616 37,635 33,777 33,870 35,141 34,071 31,443 25,212 21,186 26,648 28,240 24,267 22,573
Inventory, net 199,563 191,489 204,504 147,228 98,053 81,323 81,250 81,288 70,339 84,498 85,248 76,816 54,528 56,810 68,567 64,486 52,752 46,209 48,382 50,850 51,020
Short-term Activity Ratio
Inventory turnover1 1.65 1.57 1.29 1.58 2.17 2.32 2.07 1.89 2.06 1.66 1.61 1.75 2.31 1.97 1.52 1.57 1.90 2.20
Benchmarks
Inventory Turnover, Competitors2
Procter & Gamble Co. 5.59 5.82 5.81 5.83 5.96 6.05 5.74 5.69 5.62 6.09 5.79 5.96 6.08 6.20 6.04 6.05 6.25 6.41 6.61 6.33 6.41

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

1 Q1 2025 Calculation
Inventory turnover = (Cost of salesQ1 2025 + Cost of salesQ4 2024 + Cost of salesQ3 2024 + Cost of salesQ2 2024) ÷ Inventory, net
= (93,194 + 93,941 + 78,986 + 63,142) ÷ 199,563 = 1.65

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. e.l.f. Beauty, Inc. inventory turnover ratio improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.

Receivables Turnover

e.l.f. Beauty, Inc., receivables turnover calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Selected Financial Data (US$ in thousands)
Net sales 324,477 321,143 270,943 215,507 216,339 187,357 146,537 122,349 122,601 105,135 98,118 91,855 97,047 92,671 88,562 72,350 64,527 74,712 80,760 67,615 59,764
Accounts receivable, net 155,701 123,797 121,061 86,683 90,531 67,928 66,237 53,912 52,281 45,567 47,180 44,374 43,127 40,185 44,555 33,844 29,825 29,721 35,082 27,715 22,623
Short-term Activity Ratio
Receivables turnover1 7.27 8.27 7.35 8.83 7.43 8.52 7.50 8.31 7.99 8.61 8.05 8.34 8.13 7.92 6.74 8.64 9.64 9.52
Benchmarks
Receivables Turnover, Competitors2
Procter & Gamble Co. 13.29 13.74 13.73 13.25 13.40 14.99 14.80 13.92 14.07 15.59 14.44 14.95 13.62 16.11 15.40 15.35 14.37 16.98 15.16 13.39 13.38

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

1 Q1 2025 Calculation
Receivables turnover = (Net salesQ1 2025 + Net salesQ4 2024 + Net salesQ3 2024 + Net salesQ2 2024) ÷ Accounts receivable, net
= (324,477 + 321,143 + 270,943 + 215,507) ÷ 155,701 = 7.27

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. e.l.f. Beauty, Inc. receivables turnover ratio improved from Q3 2024 to Q4 2024 but then deteriorated significantly from Q4 2024 to Q1 2025.

Payables Turnover

e.l.f. Beauty, Inc., payables turnover calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Selected Financial Data (US$ in thousands)
Cost of sales 93,194 93,941 78,986 63,142 63,767 58,231 47,812 42,789 39,616 37,635 33,777 33,870 35,141 34,071 31,443 25,212 21,186 26,648 28,240 24,267 22,573
Accounts payable 79,989 81,075 72,917 63,736 53,237 31,427 32,049 19,279 16,023 19,227 22,756 19,299 17,113 15,699 20,108 20,544 21,484 12,390 19,589 14,807 16,982
Short-term Activity Ratio
Payables turnover1 4.12 3.70 3.62 3.65 3.99 6.00 5.24 7.98 9.04 7.30 6.01 6.97 7.36 7.13 5.20 4.93 4.67 8.21
Benchmarks
Payables Turnover, Competitors2
Procter & Gamble Co. 2.66 2.66 3.00 2.93 2.94 2.93 3.11 3.03 2.87 2.83 2.90 2.81 2.70 2.70 2.99 3.00 2.99 2.92 3.37 3.24 3.20

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

1 Q1 2025 Calculation
Payables turnover = (Cost of salesQ1 2025 + Cost of salesQ4 2024 + Cost of salesQ3 2024 + Cost of salesQ2 2024) ÷ Accounts payable
= (93,194 + 93,941 + 78,986 + 63,142) ÷ 79,989 = 4.12

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. e.l.f. Beauty, Inc. payables turnover ratio increased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.

Working Capital Turnover

e.l.f. Beauty, Inc., working capital turnover calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Selected Financial Data (US$ in thousands)
Current assets 530,460 477,077 454,900 435,446 370,409 303,325 262,890 247,398 216,640 193,029 185,125 181,304 182,731 170,144 160,289 151,760 145,515 132,360 166,258 145,125 141,184
Less: Current liabilities 299,805 299,115 302,939 152,371 109,705 107,976 87,537 71,948 61,732 65,017 62,513 71,218 82,977 73,331 66,680 61,027 57,231 51,123 61,295 46,541 45,976
Working capital 230,655 177,962 151,961 283,075 260,704 195,349 175,353 175,450 154,908 128,012 122,612 110,086 99,754 96,813 93,609 90,733 88,284 81,237 104,963 98,584 95,208
 
Net sales 324,477 321,143 270,943 215,507 216,339 187,357 146,537 122,349 122,601 105,135 98,118 91,855 97,047 92,671 88,562 72,350 64,527 74,712 80,760 67,615 59,764
Short-term Activity Ratio
Working capital turnover1 4.91 5.75 5.86 2.71 2.58 2.96 2.83 2.55 2.70 3.06 3.10 3.36 3.51 3.29 3.21 3.22 3.26 3.48
Benchmarks
Working Capital Turnover, Competitors2
Procter & Gamble Co.

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

1 Q1 2025 Calculation
Working capital turnover = (Net salesQ1 2025 + Net salesQ4 2024 + Net salesQ3 2024 + Net salesQ2 2024) ÷ Working capital
= (324,477 + 321,143 + 270,943 + 215,507) ÷ 230,655 = 4.91

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Working capital turnover An activity ratio calculated as revenue divided by working capital. e.l.f. Beauty, Inc. working capital turnover ratio deteriorated from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.

Average Inventory Processing Period

e.l.f. Beauty, Inc., average inventory processing period calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Selected Financial Data
Inventory turnover 1.65 1.57 1.29 1.58 2.17 2.32 2.07 1.89 2.06 1.66 1.61 1.75 2.31 1.97 1.52 1.57 1.90 2.20
Short-term Activity Ratio (no. days)
Average inventory processing period1 221 233 283 231 168 158 177 193 177 220 227 208 158 185 240 232 192 166
Benchmarks (no. days)
Average Inventory Processing Period, Competitors2
Procter & Gamble Co. 65 63 63 63 61 60 64 64 65 60 63 61 60 59 60 60 58 57 55 58 57

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

1 Q1 2025 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ 1.65 = 221

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. e.l.f. Beauty, Inc. number of days of inventory outstanding improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.

Average Receivable Collection Period

e.l.f. Beauty, Inc., average receivable collection period calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Selected Financial Data
Receivables turnover 7.27 8.27 7.35 8.83 7.43 8.52 7.50 8.31 7.99 8.61 8.05 8.34 8.13 7.92 6.74 8.64 9.64 9.52
Short-term Activity Ratio (no. days)
Average receivable collection period1 50 44 50 41 49 43 49 44 46 42 45 44 45 46 54 42 38 38
Benchmarks (no. days)
Average Receivable Collection Period, Competitors2
Procter & Gamble Co. 27 27 27 28 27 24 25 26 26 23 25 24 27 23 24 24 25 21 24 27 27

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

1 Q1 2025 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 7.27 = 50

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.

Operating Cycle

e.l.f. Beauty, Inc., operating cycle calculation (quarterly data)

No. days

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Selected Financial Data
Average inventory processing period 221 233 283 231 168 158 177 193 177 220 227 208 158 185 240 232 192 166
Average receivable collection period 50 44 50 41 49 43 49 44 46 42 45 44 45 46 54 42 38 38
Short-term Activity Ratio
Operating cycle1 271 277 333 272 217 201 226 237 223 262 272 252 203 231 294 274 230 204
Benchmarks
Operating Cycle, Competitors2
Procter & Gamble Co. 92 90 90 91 88 84 89 90 91 83 88 85 87 82 84 84 83 78 79 85 84

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

1 Q1 2025 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= 221 + 50 = 271

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Operating cycle Equal to average inventory processing period plus average receivables collection period. e.l.f. Beauty, Inc. operating cycle improved from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.

Average Payables Payment Period

e.l.f. Beauty, Inc., average payables payment period calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Selected Financial Data
Payables turnover 4.12 3.70 3.62 3.65 3.99 6.00 5.24 7.98 9.04 7.30 6.01 6.97 7.36 7.13 5.20 4.93 4.67 8.21
Short-term Activity Ratio (no. days)
Average payables payment period1 89 99 101 100 91 61 70 46 40 50 61 52 50 51 70 74 78 44
Benchmarks (no. days)
Average Payables Payment Period, Competitors2
Procter & Gamble Co. 137 137 122 125 124 125 117 120 127 129 126 130 135 135 122 122 122 125 108 113 114

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

1 Q1 2025 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 4.12 = 89

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. e.l.f. Beauty, Inc. number of days of payables outstanding decreased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.

Cash Conversion Cycle

e.l.f. Beauty, Inc., cash conversion cycle calculation (quarterly data)

No. days

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Selected Financial Data
Average inventory processing period 221 233 283 231 168 158 177 193 177 220 227 208 158 185 240 232 192 166
Average receivable collection period 50 44 50 41 49 43 49 44 46 42 45 44 45 46 54 42 38 38
Average payables payment period 89 99 101 100 91 61 70 46 40 50 61 52 50 51 70 74 78 44
Short-term Activity Ratio
Cash conversion cycle1 182 178 232 172 126 140 156 191 183 212 211 200 153 180 224 200 152 160
Benchmarks
Cash Conversion Cycle, Competitors2
Procter & Gamble Co. -45 -47 -32 -34 -36 -41 -28 -30 -36 -46 -38 -45 -48 -53 -38 -38 -39 -47 -29 -28 -30

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

1 Q1 2025 Calculation
Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= 221 + 5089 = 182

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Cash conversion cycle A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. e.l.f. Beauty, Inc. cash conversion cycle improved from Q3 2024 to Q4 2024 but then slightly deteriorated from Q4 2024 to Q1 2025.