FTI Consulting Inc (FCN)
Cash conversion cycle
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 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 | 0.00 | 0.00 | 0.00 | 7.93 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.43 | 0.00 | 0.00 | 0.00 | 12.77 | 0.00 | 0.00 | 0.00 |
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 variations over the years based on the provided data. The cash conversion cycle measures the number of days it takes for a company to convert its investments in inventory and other resources into cash flows from sales. A shorter cash conversion cycle is generally favorable as it reflects efficient management of working capital.
From the data, the cash conversion cycle for FTI Consulting Inc was consistently 0.00 days for most quarters, indicating efficient management of its working capital during those periods. However, there were occasional increases in the cycle, such as on December 31, 2020, where it increased to 12.77 days, and on December 31, 2021 and December 31, 2023, where it increased to 11.43 days and 7.93 days respectively.
These increases may suggest delays in either converting inventory into sales or in collecting accounts receivable, which could impact the company's liquidity and overall financial performance. It would be important for FTI Consulting Inc to monitor these fluctuations in the cash conversion cycle and address any inefficiencies in its working capital management to ensure optimal cash flow operations.
Peer comparison
Dec 31, 2024