ESAB Corp (ESAB)
Cash conversion cycle
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Days of inventory on hand (DOH) | days | 81.52 | 89.08 |
| Days of sales outstanding (DSO) | days | 50.67 | 52.68 |
| Number of days of payables | days | 63.62 | 67.59 |
| Cash conversion cycle | days | 68.57 | 74.17 |
December 31, 2023 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 81.52 + 50.67 – 63.62
= 68.57
Peer comparison
Dec 31, 2023