GE HealthCare Technologies Inc. (GEHC)
Cash conversion cycle
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Days of inventory on hand (DOH) | days | 165.76 | 188.31 |
| Days of sales outstanding (DSO) | days | — | 68.37 |
| Number of days of payables | days | 249.22 | 257.26 |
| Cash conversion cycle | days | -83.47 | -0.57 |
December 31, 2023 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 165.76 + — – 249.22
= -83.47
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash conversion cycle
GE HealthCare Technologies Inc.
GEHC
-83.47
Hologic Inc
HOLX
150.76