Kellanova (K)

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 51.83 64.03 61.46 60.81 60.88 63.15 61.77 62.34 45.68 58.79 60.60 58.57 53.04 53.03 53.83 52.37 51.83 51.80 49.65 47.95
Days of sales outstanding (DSO) days
Number of days of payables days
Cash conversion cycle days 51.83 64.03 61.46 60.81 60.88 63.15 61.77 62.34 45.68 58.79 60.60 58.57 53.04 53.03 53.83 52.37 51.83 51.80 49.65 47.95

December 31, 2024 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 51.83 + — – —
= 51.83

The cash conversion cycle measures the time it takes for a company to convert its investment in inventory and other resources into cash flows from sales. For Kellanova, the cash conversion cycle has fluctuated over the past few years, indicating changes in the efficiency of its operations.

From March 31, 2020, to June 30, 2021, the cash conversion cycle increased steadily, reaching its peak at 53.83 days. This suggests that Kellanova may have faced challenges in managing its inventory and collecting receivables efficiently during this period.

Subsequently, there was a slight decrease in the cash conversion cycle by December 31, 2021, to 53.04 days. This could indicate improvements in inventory management and quicker turnover of assets.

From March 31, 2022, to September 30, 2024, the cash conversion cycle fluctuated within a range but remained relatively high compared to previous periods. This might imply ongoing challenges in optimizing working capital and converting investments into cash effectively.

By December 31, 2024, the cash conversion cycle decreased notably to 51.83 days, potentially reflecting efforts by Kellanova to streamline its operations and enhance liquidity.

Overall, Kellanova's cash conversion cycle trend indicates the company's ability to efficiently manage its working capital and convert investments into cash, with fluctuations reflecting changes in operational efficiency and effectiveness in managing inventory, receivables, and payables.


Peer comparison

Dec 31, 2024


See also:

Kellanova Cash Conversion Cycle (Quarterly Data)