FTI Consulting Inc (FCN)
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 | — | 7.93 | — | 11.43 | 12.77 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 7.93 | 0.00 | 11.43 | 12.77 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
FTI Consulting Inc's cash conversion cycle has shown fluctuations over the years based on the provided data.
As of December 31, 2020, the cash conversion cycle stood at 12.77 days, indicating that it took the company approximately 12.77 days to convert its investments in inventory and other resources into cash.
By December 31, 2021, the cash conversion cycle improved slightly to 11.43 days, suggesting that the company was able to more efficiently manage its working capital and convert its assets into cash faster.
Interestingly, there were instances in both December 31, 2022, and December 31, 2024, where the cash conversion cycle was reported as 0.00 days. This could indicate that during these periods, FTI Consulting was able to operate with virtually no delay in the conversion of investments to cash.
By December 31, 2023, the cash conversion cycle increased to 7.93 days, which still represents a relatively efficient process of converting resources into cash.
Overall, the trend in FTI Consulting Inc's cash conversion cycle demonstrates a mix of efficiency and variability in managing working capital and converting investments into cash over the years.
Peer comparison
Dec 31, 2024