Concentra Group Holdings Parent, Inc. (CON)
Cash conversion cycle
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|---|---|
| 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 |
September 30, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
Concentra Group Holdings Parent, Inc. has consistently achieved a cash conversion cycle of 0.00 days over the past several quarters. A cash conversion cycle of 0.00 days indicates that the company is effectively managing its working capital and able to quickly convert its resources into cash. This efficiency suggests that Concentra Group Holdings Parent, Inc. is efficient in managing its accounts payable, accounts receivable, and inventory turnover. A shorter cash conversion cycle generally indicates a more efficient operational cycle, which can positively impact the company's liquidity and profitability. However, it is essential for the company to ensure that this efficiency is not achieved at the expense of its relationships with suppliers and customers.
Peer comparison
Sep 30, 2024