Air Lease Corporation (AL)

Cash conversion cycle

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 Mar 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 remained consistently at 0.00 days throughout the analyzed periods. This indicates that the company is efficiently managing its cash flow operations, from the conversion of inventory into sales to the collection of receivables. A cash conversion cycle of 0.00 days suggests that Air Lease Corporation is able to quickly convert investments in inventory and accounts receivable back into cash, allowing for a more streamlined and effective use of its resources. This efficient cash conversion cycle may reflect strong working capital management practices within the company.


Peer comparison

Dec 31, 2023

Company name
Symbol
Cash conversion cycle
Air Lease Corporation
AL
0.00
Archrock Inc
AROC
64.37
United Rentals Inc
URI
26.80
Upbound Group Inc.
UPBD
1.19