Hasbro Inc (HAS)
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 | 68.38 | 56.78 | 102.72 | 79.09 | 63.09 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 68.38 | 56.78 | 102.72 | 79.09 | 63.09 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 68.38 + — – —
= 68.38
The cash conversion cycle for Hasbro Inc has shown fluctuations over the past five years. In 2020, the company's cash conversion cycle was 63.09 days, indicating that it took approximately 63 days for the company to convert its investments in inventory and accounts receivable into cash flows from sales.
Over the next few years, there was an increase in the cash conversion cycle, reaching 79.09 days in 2021 and peaking at 102.72 days in 2022. This suggests that the company took longer to convert its resources into cash during these periods.
However, there was a significant improvement in the cash conversion cycle in 2023, dropping to 56.78 days. This could imply more efficient management of inventory and receivables, resulting in quicker cash conversion.
By the end of 2024, the cash conversion cycle increased slightly to 68.38 days, indicating a moderate increase in the time taken to convert resources into cash compared to the previous year.
Overall, the trend in Hasbro Inc's cash conversion cycle fluctuated over the years, with improvements in some periods and increases in others. It is essential for the company to continue monitoring and optimizing its cash conversion cycle to ensure efficient cash flow management and operational performance.