Centene Corp (CNC)

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

The cash conversion cycle of Centene Corp has consistently been reported as zero days from December 31, 2020, through December 31, 2024. This indicates that the company is efficiently managing its working capital, specifically in terms of converting its investments in raw materials into cash generated from sales. A zero-day cash conversion cycle signifies that Centene is able to quickly convert its resources into cash without experiencing delays in its operations or facing liquidity issues. This efficiency in working capital management suggests that Centene Corp is adept at managing its cash flows and optimizing its operating cycle to maintain financial stability and sustain its business operations effectively over the analyzed period.