Crane Company (CR)
Cash conversion cycle
| Dec 31, 2023 | ||
|---|---|---|
| Days of inventory on hand (DOH) | days | 71.68 |
| Days of sales outstanding (DSO) | days | 54.19 |
| Number of days of payables | days | 36.36 |
| Cash conversion cycle | days | 89.52 |
December 31, 2023 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 71.68 + 54.19 – 36.36
= 89.52
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash conversion cycle
Crane Company
CR
89.52
Barnes Group Inc
B
144.49
Crane NXT Co
CXT
53.08
Parker-Hannifin Corporation
PH
21.66
Watts Water Technologies Inc
WTS
103.01