GE Vernova LLC (GEV)
Cash conversion cycle
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 104.95 | 105.16 | 112.89 | 92.41 |
| Days of sales outstanding (DSO) | days | — | — | — | — |
| Number of days of payables | days | — | — | — | — |
| Cash conversion cycle | days | 104.95 | 105.16 | 112.89 | 92.41 |
September 30, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 104.95 + — – —
= 104.95
The cash conversion cycle for GE Vernova LLC has shown fluctuations over the period analyzed. At December 31, 2023, the company had a cash conversion cycle of 92.41 days, which increased to 112.89 days by March 31, 2024. However, there was a slight improvement by June 30, 2024, with a cash conversion cycle of 105.16 days. Subsequently, by September 30, 2024, the cycle decreased to 104.95 days.
Overall, the cash conversion cycle indicates the number of days it takes for the company to convert its resources into cash flows. A longer cycle signifies that the company is taking more time to convert its investments into cash, potentially leading to liquidity challenges. Therefore, GE Vernova LLC should closely monitor and manage its working capital efficiency to optimize its cash conversion cycle and enhance its overall financial performance.
Peer comparison
Sep 30, 2024