Heritage Financial Corporation (HFWA)
Cash conversion cycle
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | 208.55 | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | 21.09 | 20.83 | 21.93 | 22.42 | 23.97 | 23.83 | 24.24 | 23.50 | 22.52 | 23.59 | 24.63 | 26.34 | 26.66 | 24.54 | 21.98 | 21.62 | 21.27 | 24.64 | 28.23 | 28.18 |
| Number of days of payables | days | — | — | — | — | — | — | — | — | 44,617.98 | 2,111.42 | 122,333.39 | 324,437.00 | — | — | — | — | — | — | 69,307.63 | 41,337.40 |
| Cash conversion cycle | days | 21.09 | 20.83 | 21.93 | 22.42 | 23.97 | 23.83 | 24.24 | 232.05 | -44,595.46 | -2,087.83 | -122,308.76 | -324,410.66 | 26.66 | 24.54 | 21.98 | 21.62 | 21.27 | 24.64 | -69,279.40 | -41,309.22 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 21.09 – —
= 21.09