Elevance Health Inc (ELV)
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 | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle for Elevance Health Inc has been consistently at 0.00 days from December 31, 2020, to December 31, 2024. This implies that the company is efficiently managing its working capital by swiftly converting its investments in inventory into cash received from sales. An exceptionally low or zero cash conversion cycle indicates that Elevance Health Inc is effectively controlling its operating cycle, which includes inventory turnover, accounts receivable collection, and accounts payable payment. This efficiency in the cash conversion cycle demonstrates the company's strong liquidity position and effective management of cash flows in its operations.
Peer comparison
Dec 31, 2024