Campbell Soup Company Common Stock (CPB)
Cash conversion cycle
| Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 75.90 | 59.11 | 73.17 | 59.26 | 76.63 |
| Days of sales outstanding (DSO) | days | — | 23.86 | — | 20.64 | — |
| Number of days of payables | days | — | 55.91 | — | 59.95 | — |
| Cash conversion cycle | days | 75.90 | 27.06 | 73.17 | 19.95 | 76.63 |
July 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 75.90 + — – —
= 75.90
The cash conversion cycle of Campbell Soup Company Common Stock has shown fluctuating trends over the periods analyzed. On July 31, 2022, the cash conversion cycle was observed to be 76.63 days, indicating that the company takes approximately 76.63 days to convert its investments in inventory into cash receipts from its sales.
By July 30, 2023, there was a significant improvement in the cash conversion cycle, with only 19.95 days required for the conversion process, suggesting more efficient inventory management or quicker collection of receivables.
However, the trend reversed slightly by July 31, 2023, with the cash conversion cycle increasing to 73.17 days, indicating a delay in the conversion process compared to the previous period.
On July 28, 2024, the cash conversion cycle decreased to 27.06 days, reflecting improved efficiency in managing cash flows from inventory to cash receipts.
By July 31, 2024, the cash conversion cycle increased to 75.90 days, reverting to a longer time frame for the conversion process. Overall, the fluctuating trends in the cash conversion cycle imply variations in inventory management, sales terms, and collection efficiency during the periods analyzed.
Peer comparison
Jul 31, 2024