Ameren Corp (AEE)
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 | 59.09 | 60.35 | 57.82 | 55.79 | 60.86 | 61.81 | 54.39 | 48.20 | 52.76 | 59.97 | 56.71 | 51.73 | 63.50 | 67.97 | 62.39 | 57.63 | 64.77 | 68.06 | 62.25 | 55.60 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 59.09 | 60.35 | 57.82 | 55.79 | 60.86 | 61.81 | 54.39 | 48.20 | 52.76 | 59.97 | 56.71 | 51.73 | 63.50 | 67.97 | 62.39 | 57.63 | 64.77 | 68.06 | 62.25 | 55.60 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 59.09 + — – —
= 59.09
Based on the provided data, Ameren Corp's cash conversion cycle has fluctuated over the years. The cash conversion cycle is a measure of how long it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
In March 2020, the cash conversion cycle was 55.60 days, indicating that Ameren was relatively efficient in managing its working capital. However, the cycle increased to 68.06 days by September 2020, suggesting a potential slowdown in the conversion of resources into cash.
Subsequently, there were fluctuations in the cash conversion cycle over the following quarters, with values ranging between 48.20 days in March 2023 to 62.39 days in June 2021. These fluctuations may indicate varying efficiency levels in managing working capital and converting resources into cash.
Overall, Ameren Corp's cash conversion cycle seems to have improved towards the end of the available data, with a decrease from 60.35 days in September 2024 to 59.09 days in December 2024. This improvement suggests potential enhancements in working capital management efficiency. Analyzing the trends in the cash conversion cycle can provide insights into Ameren's liquidity, efficiency, and operational effectiveness in converting investments into cash inflows.
Peer comparison
Dec 31, 2024