Astrana Health Inc (ASTH)
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 | — | — | — | — | — | — | 0.12 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 | 0.12 | 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, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle for Astrana Health Inc remained stable and efficient over the period from March 31, 2020, to September 30, 2024. It consistently stayed at a low level of around 0.00 days, indicating that the company efficiently converted its resources into cash without prolonged delays.
However, there was a slight increase in the cash conversion cycle to 0.12 days on June 30, 2023, before reverting to the previous trend of 0.00 days. This temporary deviation may be attributed to various factors, such as changes in payment terms with suppliers or fluctuations in sales and collection processes.
Overall, Astrana Health Inc's ability to manage its cash conversion cycle effectively suggests efficient operations in terms of managing cash flows from inventory to receivables and payables. This can be viewed positively by investors and creditors as it demonstrates the company's operational efficiency and liquidity management.
Peer comparison
Dec 31, 2024