Cable One Inc (CABO)
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 | — | — | — | — | 44.24 | — | — | — | — | 3.92 | — | 21.09 | 17.23 | 18.65 | 17.68 | 20.81 | 11.55 | 15.38 | 13.50 | 17.66 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 0.00 | 44.24 | 0.00 | 0.00 | 0.00 | 0.00 | 3.92 | 0.00 | 21.09 | 17.23 | 18.65 | 17.68 | 20.81 | 11.55 | 15.38 | 13.50 | 17.66 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle of Cable One Inc has shown fluctuations over the periods analyzed. The company's cash conversion cycle, which represents the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales, has displayed some volatility.
For instance, in the earlier periods, the cash conversion cycle ranged between 11.55 days and 20.81 days, indicating some variability in the efficiency of inventory management and collections. Subsequently, there were periods where the cycle was notably short or even zero days, suggesting the company managed its working capital efficiently, or possibly experienced temporary changes in its operations or sales patterns.
However, in the most recent period analyzed, the cash conversion cycle significantly increased to 44.24 days, indicating a potential issue with managing inventory, collections, or payments. This longer cycle may suggest a slowdown in the company's ability to convert its assets into cash, which could impact liquidity and working capital management.
Overall, Cable One Inc's cash conversion cycle analysis reveals fluctuations over time, with attention required towards maintaining efficiency in working capital management to ensure continued financial health and operational performance.
Peer comparison
Dec 31, 2024