FMC Corporation (FMC)
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 | 168.87 | 237.02 | 173.45 | 178.56 | 154.39 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 168.87 | 237.02 | 173.45 | 178.56 | 154.39 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 168.87 + — – —
= 168.87
The cash conversion cycle for FMC Corporation has fluctuated over the past five years. In 2020, the company's cash conversion cycle was 154.39 days, which increased to 178.56 days by the end of 2021. Subsequently, in 2022, there was a slight decrease to 173.45 days. However, in 2023, there was a significant spike to 237.02 days before dropping back down to 168.87 days by the end of 2024.
Overall, FMC Corporation's cash conversion cycle shows some volatility, with significant fluctuations in certain years. This indicates potential challenges in managing cash flow efficiently and optimizing the company's working capital. Further analysis would be needed to understand the underlying reasons for these fluctuations and to implement strategies to stabilize and improve the cash conversion cycle over the long term.
Peer comparison
Dec 31, 2024