Knife River Corporation (KNF)
Cash conversion cycle
| Dec 31, 2023 | ||
|---|---|---|
| Days of inventory on hand (DOH) | days | 50.91 |
| Days of sales outstanding (DSO) | days | 34.40 |
| Number of days of payables | days | 17.15 |
| Cash conversion cycle | days | 68.17 |
December 31, 2023 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 50.91 + 34.40 – 17.15
= 68.17
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash conversion cycle
Knife River Corporation
KNF
68.17
Compass Minerals International Inc
CMP
589.62
Martin Marietta Materials Inc
MLM
86.67
MDU Resources Group Inc
MDU
26.57
Vulcan Materials Company
VMC
38.52