DT Midstream Inc (DTM)
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 | — | — | 30.07 | 39.50 | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 30.07 | 39.50 | 0.00 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle of DT Midstream Inc has exhibited fluctuations over the years based on the provided data. On December 31, 2020, the company had an exceptionally low cash conversion cycle of 0.00 days, indicating efficient management of cash flows and working capital. However, there was a significant increase to 39.50 days by December 31, 2021, which suggests a potential slowdown in the conversion of resources into cash during that period.
Subsequently, the cash conversion cycle improved to 30.07 days by December 31, 2022, reflecting a more efficient utilization of working capital compared to the prior year. The company then reverted back to a 0.00-day cycle by December 31, 2023, suggesting a return to highly efficient cash conversion processes.
Finally, as of December 31, 2024, DT Midstream Inc maintained a cash conversion cycle of 0.00 days, signaling continued effectiveness in managing cash flows and working capital. Overall, these fluctuations indicate varying levels of efficiency in converting inputs into cash across different financial periods for the company.
Peer comparison
Dec 31, 2024