GXO Logistics Inc (GXO)
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 | — | — | — | — | — |
Days of sales outstanding (DSO) | days | — | — | — | — | — |
Number of days of payables | days | — | — | — | — | — |
Cash conversion cycle | days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
Based on the data provided, GXO Logistics Inc's cash conversion cycle has consistently been 0.00 days from December 31, 2020, to December 31, 2024. This indicates that the company efficiently manages its working capital, effectively converting its inventory into cash without any delay in receiving payments from customers or settling its payables. Such a low cash conversion cycle suggests that GXO Logistics Inc is able to generate cash quickly, which is a positive sign of financial health and operational efficiency.
Peer comparison
Dec 31, 2024
Company name
Symbol
Cash conversion cycle
GXO Logistics Inc
GXO
0.00
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