Columbia Sportswear Company (COLM)
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 | 150.25 | 155.01 | 214.15 | 155.60 | 158.99 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 150.25 | 155.01 | 214.15 | 155.60 | 158.99 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 150.25 + — – —
= 150.25
The cash conversion cycle of Columbia Sportswear Company has exhibited fluctuations over the past five years. Starting at 158.99 days on December 31, 2020, the cycle decreased to 155.60 days by December 31, 2021, showing a slight improvement in efficiency. However, on December 31, 2022, the cycle significantly increased to 214.15 days, indicating a potential issue in managing working capital effectively.
Fortunately, by December 31, 2023, the cycle decreased to 155.01 days, showcasing a successful effort in streamlining the company's cash flow operations. The most recent data as of December 31, 2024, reveals a further improvement, with the cash conversion cycle reduced to 150.25 days.
Overall, while there have been fluctuations in the cash conversion cycle of Columbia Sportswear Company, the recent trend indicates a positive direction towards a more efficient management of cash flows and working capital. Continuing to monitor and optimize this cycle will be crucial for sustaining financial health and operational efficiency.
Peer comparison
Dec 31, 2024