Hasbro Inc (HAS)
Cash conversion cycle
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 68.38 | 79.13 | 70.33 | 60.30 | 56.78 | 104.09 | 116.74 | 111.47 | 102.72 | 119.58 | 120.06 | 91.42 | 79.09 | 82.33 | 75.41 | 67.75 | 63.09 | 87.77 | 93.01 | 71.21 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 68.38 | 79.13 | 70.33 | 60.30 | 56.78 | 104.09 | 116.74 | 111.47 | 102.72 | 119.58 | 120.06 | 91.42 | 79.09 | 82.33 | 75.41 | 67.75 | 63.09 | 87.77 | 93.01 | 71.21 |
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 measures the time it takes for the company to convert its investments in inventory and other resources into cash flows from sales. A shorter cash conversion cycle generally indicates efficient management of working capital.
Analyzing the data provided, the cash conversion cycle for Hasbro Inc fluctuated over the observed period. For example, the cycle increased from 71.21 days as of March 31, 2020, to a peak of 120.06 days by June 30, 2022, before decreasing to 68.38 days by December 31, 2024.
During the period, Hasbro was able to effectively manage its cash conversion cycle, as evidenced by both decreases and increases in the cycle duration. The company was more efficient in converting its investments into cash during certain quarters, resulting in shorter cash conversion cycles. However, there were also quarters where the cycle duration increased, possibly indicating challenges in managing working capital effectively.
Overall, understanding the fluctuations in Hasbro Inc's cash conversion cycle can provide insights into the company's working capital management efficiency and operational performance. Investors and stakeholders may closely monitor these trends to assess the company's ability to efficiently manage its resources and generate cash flows from its operations.