TechnipFMC PLC (FTI)
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 | 59.55 | 66.98 | 65.38 | 67.50 | 84.38 |
| Days of sales outstanding (DSO) | days | 106.10 | 121.11 | 106.12 | 107.04 | 146.34 |
| Number of days of payables | days | 64.99 | 76.33 | 80.67 | 84.67 | 75.12 |
| Cash conversion cycle | days | 100.66 | 111.77 | 90.83 | 89.88 | 155.60 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 59.55 + 106.10 – 64.99
= 100.66