Dupont De Nemours Inc (DD)
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 | 98.67 | 100.02 | 101.18 | 131.05 | 100.58 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 98.67 | 100.02 | 101.18 | 131.05 | 100.58 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 98.67 + — – —
= 98.67
Dupont De Nemours Inc's cash conversion cycle has shown some fluctuations over the past five years.
In December 2020, the cash conversion cycle stood at 100.58 days, indicating that it took approximately 100.58 days for the company to convert its investments in inventory and other resources into cash from sales.
By December 2021, the cash conversion cycle increased to 131.05 days, suggesting a longer time to convert investments into cash. This could indicate potential inefficiencies in managing inventory or delays in collecting receivables.
However, there was an improvement in December 2022, with the cash conversion cycle decreasing to 101.18 days. This reduction may suggest more efficient inventory management or faster collection of receivables.
In December 2023, the cash conversion cycle remained relatively stable at 100.02 days, indicating that the company was able to maintain its efficiency in converting investments into cash.
The most recent data point in December 2024 shows a further improvement in the cash conversion cycle, decreasing to 98.67 days. This suggests that the company has been able to further streamline its operations to convert investments into cash more quickly.
Overall, while there have been fluctuations in Dupont De Nemours Inc's cash conversion cycle over the years, the general trend seems to be towards improved efficiency in managing working capital and converting investments into cash. However, it is essential for the company to continue monitoring and optimizing its cash conversion cycle to ensure optimal operational performance.
Peer comparison
Dec 31, 2024