Integer Holdings Corp (ITGR)
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 | 71.73 | 74.25 | 74.92 | 64.28 | 69.19 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 71.73 | 74.25 | 74.92 | 64.28 | 69.19 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 71.73 + — – —
= 71.73
The cash conversion cycle of Integer Holdings Corp has fluctuated over the past five years. In 2020, the company's cash conversion cycle was 69.19 days, which improved to 64.28 days in 2021. However, in 2022, the cycle increased to 74.92 days, and remained relatively stable in 2023 at 74.25 days. By the end of 2024, the cash conversion cycle decreased slightly to 71.73 days.
Overall, the varying trend in Integer Holdings Corp's cash conversion cycle indicates fluctuations in the company's ability to efficiently convert its investments in inventory and accounts receivable into cash. The management may need to focus on optimizing its working capital management to improve the efficiency of the cash conversion cycle and enhance the company's liquidity position.
Peer comparison
Dec 31, 2024