Elanco Animal Health (ELAN)
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 | 227.08 | 255.46 | 229.98 | 186.44 | 284.24 |
| Days of sales outstanding (DSO) | days | 72.85 | 83.46 | 82.91 | 78.76 | 120.06 |
| Number of days of payables | days | 42.70 | 39.75 | 58.32 | 56.49 | 90.24 |
| Cash conversion cycle | days | 257.23 | 299.16 | 254.57 | 208.71 | 314.06 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 227.08 + 72.85 – 42.70
= 257.23