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
Enerpac Tool Group Corp
EPAC
105.64