National Vision Holdings Inc (EYE)
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 | 44.87 | 43.73 | 48.57 | 49.89 | 51.63 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 44.87 | 43.73 | 48.57 | 49.89 | 51.63 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 44.87 + — – —
= 44.87
The cash conversion cycle for National Vision Holdings Inc has shown improvement over the years, decreasing from 51.63 days in December 2020 to 48.57 days in December 2022. This indicates that the company has been able to manage its working capital more effectively, resulting in a shorter period to convert investments in inventory into cash from sales. However, there was a slight increase to 44.87 days by December 2024, suggesting a potential slowdown in the collection of receivables or an increase in inventory holding period. Overall, the trend indicates improvements in efficiency in managing cash flow and working capital over the years.
Peer comparison
Dec 31, 2024