CH Robinson Worldwide Inc (CHRW)
Cash conversion cycle
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — |
| 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 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
Based on the provided data, CH Robinson Worldwide Inc has consistently achieved a cash conversion cycle of 0.00 days from 2020 to 2024. This indicates that the company effectively manages its working capital, ensuring a quick turnover of cash from its operations. A cash conversion cycle of 0.00 days suggests that CH Robinson Worldwide Inc efficiently converts its inventory into sales, collects its receivables promptly, and manages its payables efficiently. This efficiency in converting resources into cash can positively impact the company's liquidity and overall financial health.
Peer comparison
Dec 31, 2024