Alliant Energy Corp (LNT)
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 | 42.75 | 42.52 | 42.72 | 45.18 | 50.79 | — | 44.73 | 40.73 | 47.53 | 45.47 | 37.84 | 30.32 | 42.49 | 39.29 | 39.01 | 38.95 | 40.57 | 41.04 | 39.47 | 38.19 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 42.75 | 42.52 | 42.72 | 45.18 | 50.79 | 0.00 | 44.73 | 40.73 | 47.53 | 45.47 | 37.84 | 30.32 | 42.49 | 39.29 | 39.01 | 38.95 | 40.57 | 41.04 | 39.47 | 38.19 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 42.75 + — – —
= 42.75
The cash conversion cycle (CCC) for Alliant Energy Corp has shown some fluctuation over the period from March 2020 to December 2024. The CCC represents the time it takes for a company to convert its investment in inventory and other resources into cash flows from sales.
From March 2020 to December 2020, the CCC ranged from approximately 38 to 41 days, indicating a relatively stable cycle for the company during this period. However, in the following quarters up to September 2021, there was a slight increase in the CCC, suggesting that the company may have experienced delays in converting its resources into cash.
Notably, the CCC decreased significantly in March 2022 to around 30 days, but then showed an upward trend in the subsequent quarters, peaking at 50.79 days in December 2023. This increase may imply inefficiencies in managing inventory and collecting receivables during that period.
Overall, the CCC trend for Alliant Energy Corp suggests fluctuations in the efficiency of its working capital management over the analyzed period, with a need for the company to focus on optimizing its cash conversion processes to improve liquidity and operational performance.
Peer comparison
Dec 31, 2024