Molina Healthcare Inc (MOH)
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 | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | 29.62 | 33.25 | 26.28 | 28.61 | 31.42 |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 29.62 | 33.25 | 26.28 | 28.61 | 31.42 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 29.62 – —
= 29.62
The cash conversion cycle of Molina Healthcare Inc has shown a decreasing trend over the years, starting at 31.42 days on December 31, 2020, and decreasing to 28.61 days on December 31, 2021. This trend continued with further improvement to 26.28 days on December 31, 2022. However, there was a slight increase to 33.25 days on December 31, 2023, before decreasing again to 29.62 days on December 31, 2024. Overall, the company has been able to manage its cash conversion cycle efficiently, indicating effective management of inventory, receivables, and payables to optimize cash flow within the business operations.
Peer comparison
Dec 31, 2024