Fortrea Holdings Inc. (FTRE)

Cash conversion cycle

Dec 31, 2024 Dec 31, 2023
Days of inventory on hand (DOH) days — 4.28
Days of sales outstanding (DSO) days 20.84 56.48
Number of days of payables days 17.68 16.10
Cash conversion cycle days 3.15 44.66

December 31, 2024 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 20.84 – 17.68
= 3.15