Metallus, Inc (MTUS)
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 | 81.34 | 70.77 | 58.37 | 72.42 | 79.89 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 81.34 | 70.77 | 58.37 | 72.42 | 79.89 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 81.34 + — – —
= 81.34
The cash conversion cycle of Metallus, Inc has shown some fluctuations over the past five years. The cycle decreased from 79.89 days as of December 31, 2020, to 72.42 days by the end of 2021, indicating a more efficient management of cash, inventory, and receivables during that period.
However, there was a significant improvement in the cash conversion cycle in 2022, where it decreased to 58.37 days. This suggests that the company was able to optimize its cash flow and liquidity management, possibly by improving inventory turnover or reducing the time taken to collect receivables.
In 2023, there was a slight increase in the cash conversion cycle to 70.77 days, which could be an indication of challenges in managing working capital efficiently during that period.
By the end of 2024, the cash conversion cycle increased further to 81.34 days, surpassing the level seen in 2020. This raise may suggest potential issues in managing cash flows, inventory levels, or accounts receivable effectively.
Overall, monitoring the cash conversion cycle is crucial for Metallus, Inc to ensure efficient management of working capital and cash flows, as well as to identify any areas that may need improvement to optimize the company's financial performance.
Peer comparison
Dec 31, 2024