Core Laboratories NV (CLB)

Cash conversion cycle

Dec 31, 2024 Dec 31, 2023
Days of inventory on hand (DOH) days 47.20 9,576.01
Days of sales outstanding (DSO) days 88.88 90.28
Number of days of payables days 27.45 4,474.82
Cash conversion cycle days 108.63 5,191.47

December 31, 2024 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 47.20 + 88.88 – 27.45
= 108.63