Carlisle Companies Incorporated (CSL)
Cash conversion cycle
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 54.47 | 53.44 | 49.67 | 45.33 | 42.33 | 42.10 | 57.08 | 70.42 | 61.63 | 66.59 | 68.68 | 69.92 | 63.18 | 61.05 | 53.87 | 55.71 | 51.57 | 60.06 | 61.89 | 60.03 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 54.47 | 53.44 | 49.67 | 45.33 | 42.33 | 42.10 | 57.08 | 70.42 | 61.63 | 66.59 | 68.68 | 69.92 | 63.18 | 61.05 | 53.87 | 55.71 | 51.57 | 60.06 | 61.89 | 60.03 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 54.47 + — – —
= 54.47
The cash conversion cycle of Carlisle Companies Incorporated has shown fluctuations over the periods reported. The cash conversion cycle is a measure of the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
From March 31, 2020, to December 31, 2024, the cash conversion cycle varied between a low of 42.10 days (September 30, 2023) and a high of 70.42 days (March 31, 2023), indicating some level of volatility in the company's operating cycle efficiency.
The trend in the cash conversion cycle shows some improvement from the initial period, reaching a low of 42.10 days on September 30, 2023. However, there was some volatility in the subsequent periods. The cash conversion cycle increased to 70.42 days on March 31, 2023, before decreasing again to 42.33 days on December 31, 2023.
Overall, the cash conversion cycle trended upwards in the last few periods, reaching 54.47 days on December 31, 2024. This suggests that Carlisle Companies Incorporated may be experiencing challenges in managing its working capital efficiently, potentially signaling a need to streamline its operations to improve cash flow and liquidity.
Peer comparison
Dec 31, 2024