Artivion Inc (AORT)

Cash conversion cycle

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Days of inventory on hand (DOH) days 197.28 212.72 208.93 223.12 239.70 238.14 244.19 243.62 244.32 240.68 253.28 266.01 277.28 295.90 295.92 309.85 312.01 297.03 266.32 214.88
Days of sales outstanding (DSO) days
Number of days of payables days
Cash conversion cycle days 197.28 212.72 208.93 223.12 239.70 238.14 244.19 243.62 244.32 240.68 253.28 266.01 277.28 295.90 295.92 309.85 312.01 297.03 266.32 214.88

December 31, 2024 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 197.28 + — – —
= 197.28

Artivion Inc's cash conversion cycle has exhibited fluctuations over the past few years. The cash conversion cycle measures the time it takes for a company to convert its investment in inventory into cash flow from sales.

From the data provided, we can see that the cash conversion cycle for Artivion Inc ranged from a high of 312.01 days on December 31, 2020, to a low of 197.28 days on December 31, 2024. This indicates that Artivion Inc has been able to manage its inventory and accounts receivable efficiently in recent years.

A decreasing trend in the cash conversion cycle is generally viewed positively as it suggests that the company is becoming more efficient in managing its working capital, optimizing inventory levels, and collecting receivables faster. Conversely, an increasing trend could signal potential issues with inventory management or difficulties in collecting receivables.

It is important for Artivion Inc to continue monitoring and managing its cash conversion cycle effectively to ensure optimal working capital management and sustainable financial performance. This will help the company maintain liquidity, manage cash flow, and ultimately support its overall financial health.