Franklin Electric Co Inc (FELE)
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 | 135,434.24 | 135.71 | 147.10 | 151.27 | 134.91 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 135,434.24 | 135.71 | 147.10 | 151.27 | 134.91 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 135,434.24 + — – —
= 135,434.24
The cash conversion cycle of Franklin Electric Co Inc has shown some fluctuations over the years. It stood at 134.91 days as of December 31, 2020, increased to 151.27 days by the end of 2021, and then decreased to 147.10 days in 2022. However, in 2023, the cycle improved slightly to 135.71 days. Surprisingly, by December 31, 2024, the cash conversion cycle skyrocketed to an abnormally high figure of 135,434.24 days, which appears to be an outlier or data error. Overall, the company's cash conversion cycle has been somewhat volatile, indicating variations in its efficiency in managing its cash flow, inventory, and receivables turnover during the specified years.
Peer comparison
Dec 31, 2024