Chemours Co (CC)
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 | 116.02 | 113.44 | 108.12 | 109.90 | 104.46 | 101.12 | 108.11 | 107.04 | 98.99 | 92.32 | 86.72 | 83.38 | 80.79 | 77.13 | 84.26 | 89.40 | 87.84 | 88.83 | 93.34 | 92.60 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 116.02 | 113.44 | 108.12 | 109.90 | 104.46 | 101.12 | 108.11 | 107.04 | 98.99 | 92.32 | 86.72 | 83.38 | 80.79 | 77.13 | 84.26 | 89.40 | 87.84 | 88.83 | 93.34 | 92.60 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 116.02 + — – —
= 116.02
The cash conversion cycle for Chemours Co has exhibited fluctuations over the years, ranging from a low of 77.13 days in September 2021 to a high of 116.02 days in December 2024. The cash conversion cycle represents the time it takes for the company to convert its investments in inventory back into cash, and it includes the days inventory outstanding, days sales outstanding, and days payables outstanding.
A shorter cash conversion cycle indicates that the company is able to efficiently manage its working capital and generate cash quickly from its operating activities. Conversely, a longer cash conversion cycle may signify inefficiencies in inventory management, collection of receivables, or payment of payables.
Analyzing the trend of the cash conversion cycle can provide insights into the company's liquidity and efficiency. It is essential for Chemours Co to closely monitor and manage its cash conversion cycle to optimize its working capital and cash flows, ensuring smooth operations and sustainable growth in the long term.
Peer comparison
Dec 31, 2024