Knife River Corporation (KNF)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 59.60 | 54.63 | 60.92 | 59.36 | 50.91 | 51.37 | 61.94 | 62.42 | 53.94 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 59.60 | 54.63 | 60.92 | 59.36 | 50.91 | 51.37 | 61.94 | 62.42 | 53.94 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 59.60 + — – —
= 59.60
The cash conversion cycle of Knife River Corporation has shown some fluctuations over the given period, ranging from 50.91 days to 62.42 days. The most recent data points to a cycle length of 59.60 days as of December 31, 2024. A shorter cash conversion cycle indicates that the company is able to convert its inventory into cash quicker, which could be a positive sign of efficiency in managing its working capital. However, it's important to closely monitor any increasing trend in the cycle as it may indicate potential issues with inventory turnover, accounts receivable collection, or payment of accounts payable, which could impact the company's liquidity and operating performance.
Peer comparison
Dec 31, 2024