AMN Healthcare Services Inc (AMN)
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 | — | — | — | 13.88 | 8.85 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 13.88 | 8.85 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle measures how efficiently a company manages its working capital by evaluating the time it takes to convert investments in inventory and other resources into cash flow from sales.
Looking at the data provided for AMN Healthcare Services Inc, we observe the following trends in the cash conversion cycle:
- As of December 31, 2020, the cash conversion cycle was 8.85 days, indicating the company was efficient in managing its working capital by quickly converting inventory and expenses into cash.
- By December 31, 2021, the cash conversion cycle increased to 13.88 days, suggesting a slight slowdown in the company's ability to convert resources into cash, which may warrant further investigation into the factors causing this change.
- Interestingly, from December 31, 2022 to December 31, 2024, the cash conversion cycle became 0.00 days, which could indicate a significant improvement in working capital management efficiency. However, a zero value may also raise questions about the accuracy of the data or potential changes in the company's operations or reporting practices.
In conclusion, while fluctuations in the cash conversion cycle can provide insights into a company's operational efficiency and financial health, further analysis and context are needed to fully understand the implications of these changes for AMN Healthcare Services Inc.
Peer comparison
Dec 31, 2024