Air Lease Corporation (AL)
Cash conversion cycle
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
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, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
Based on the data provided, the cash conversion cycle for Air Lease Corporation has consistently been 0.00 days for the years ranging from December 31, 2020, to December 31, 2024. This indicates that the company is efficiently managing its working capital by quickly converting inventory to receivables and eventually into cash, without experiencing any delays in the process. A shorter cash conversion cycle suggests that the company is effectively managing its cash flow, which can be a positive indication of liquidity and operational efficiency.
Peer comparison
Dec 31, 2024
Company name
Symbol
Cash conversion cycle
Air Lease Corporation
AL
0.00
United Rentals Inc
URI
34.31
Upbound Group Inc.
UPBD
0.90