Air Lease Corporation (AL)

Cash conversion cycle

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Days of inventory on hand (DOH)	days	—	—	—	—	—
Days of sales outstanding (DSO)	days	—	—	—	—	—
Number of days of payables	days	—	—	—	—	—
Cash conversion cycle	days	0.00	0.00	0.00	0.00	0.00

December 31, 2023 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00

The cash conversion cycle for Air Lease Corporation has consistently been at 0.00 days for the past five years, indicating that the company is efficiently managing its cash flows and working capital. This implies that Air Lease Corporation is able to convert its investments in inventory and accounts receivable into cash quickly, thereby minimizing the amount of time capital is tied up in the operating cycle. Overall, the company's stable and low cash conversion cycle reflects efficient cash management practices and effective working capital control.

Peer comparison

Dec 31, 2023

Company name

Symbol

Cash conversion cycle

Air Lease Corporation

0.00