Bunge Limited (BG)
Cash conversion cycle
Dec 31, 2023 | ||
---|---|---|
Days of inventory on hand (DOH) | days | 45.84 |
Days of sales outstanding (DSO) | days | 21.37 |
Number of days of payables | days | 23.64 |
Cash conversion cycle | days | 43.57 |
December 31, 2023 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 45.84 + 21.37 – 23.64
= 43.57
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash conversion cycle
Bunge Limited
BG
43.57
Archer-Daniels-Midland Company
ADM
40.28
Darling Ingredients Inc
DAR
20.02