HF Sinclair Corp (DINO)
Cash conversion cycle
Dec 31, 2023 | Dec 31, 2022 | ||
---|---|---|---|
Days of inventory on hand (DOH) | days | 40.43 | 37.64 |
Days of sales outstanding (DSO) | days | 20.46 | 16.86 |
Number of days of payables | days | 30.52 | 27.33 |
Cash conversion cycle | days | 30.37 | 27.17 |
December 31, 2023 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 40.43 + 20.46 – 30.52
= 30.37