Amkor Technology Inc (AMKR)
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 | 21.08 | 25.81 | 39.88 | 36.03 | 26.15 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 21.08 | 25.81 | 39.88 | 36.03 | 26.15 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 21.08 + — – —
= 21.08
The cash conversion cycle of Amkor Technology Inc has been fluctuating over the past five years. In December 2020, the company's cash conversion cycle was 26.15 days, indicating a relatively efficient process of converting its investments in inventory and accounts receivable into cash. However, by December 2022, the cash conversion cycle had increased to 39.88 days, suggesting a longer period to convert investments into cash.
In the most recent year, as of December 2024, the cash conversion cycle improved significantly to 21.08 days, which could signal a more effective management of working capital and faster conversion of inventory and receivables into cash. Overall, the trend in the cash conversion cycle for Amkor Technology Inc shows variability, with fluctuations that may be influenced by factors such as operational efficiency, inventory management, and customer payment terms.
Peer comparison
Dec 31, 2024