Mirion Technologies Inc (MIR)
Cash conversion cycle
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 105.44 | 118.33 | 130.57 | 125.39 | 117.08 |
| Days of sales outstanding (DSO) | days | 103.76 | 105.00 | 114.72 | 127.54 | 119.68 |
| Number of days of payables | days | 44.72 | 48.20 | 61.68 | 60.26 | 1.25 |
| Cash conversion cycle | days | 164.47 | 175.13 | 183.60 | 192.66 | 235.51 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 105.44 + 103.76 – 44.72
= 164.47
Peer comparison
Dec 31, 2024
Company name
Symbol
Cash conversion cycle
Mirion Technologies Inc
MIR
164.47
Emerson Electric Company
EMR
98.44
Enerpac Tool Group Corp
EPAC
105.64
Hillenbrand Inc
HI
36.38
Mueller Water Products
MWA
131.49
Rockwell Automation Inc
ROK
111.24