Matson Inc (MATX)
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 | — | — | 3.93 | 3.82 | 3.32 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 3.93 | 3.82 | 3.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
Matson Inc's cash conversion cycle has been consistently at 0.00 days from March 2020 to September 2022, indicating efficient management of working capital and quick conversion of inventory into cash. However, there was a slight increase in the cash conversion cycle to 3.32 days by the end of December 2023, which further increased to 3.82 days by March 2024 and 3.93 days by June 2024. This increase may suggest a delay in collecting receivables or an increase in the company's inventory holding period.
It is important for Matson Inc to closely monitor and manage its cash conversion cycle to ensure optimal efficiency in its operations and maintain healthy liquidity levels. Addressing any inefficiencies that may be prolonging the cash conversion cycle will help the company maintain its financial health and sustain its growth trajectory.
Peer comparison
Dec 31, 2024