Metallus, Inc (MTUS)
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 | 81.34 | 76.26 | 65.77 | 74.49 | 70.77 | 80.72 | 83.49 | 74.78 | 58.37 | 61.34 | 80.46 | 75.43 | 72.32 | 80.22 | 84.47 | 91.77 | 79.88 | 73.71 | 80.87 | 80.13 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 81.34 | 76.26 | 65.77 | 74.49 | 70.77 | 80.72 | 83.49 | 74.78 | 58.37 | 61.34 | 80.46 | 75.43 | 72.32 | 80.22 | 84.47 | 91.77 | 79.88 | 73.71 | 80.87 | 80.13 |
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 exhibited some fluctuations over the periods indicated. The cycle represents the time it takes for the company to convert its investments in inventory and other resources into cash flows from sales.
From March 31, 2020, to December 31, 2024, the cash conversion cycle ranged from a low of 58.37 days to a high of 91.77 days. Overall, the trend appears to show some variability, fluctuating both upwards and downwards. A shorter cash conversion cycle is generally viewed positively as it indicates a more efficient use of resources and faster conversion of inventory into cash.
Analyzing the data provided, we can see that the cycle decreased notably between September 30, 2022, and December 31, 2022, indicating potential improvements in managing inventory, accounts receivable, and accounts payable during that period. However, it is important to note that there was a subsequent increase from December 31, 2022, to March 31, 2023, which might suggest challenges in maintaining the efficiency of the cash conversion cycle consistently.
The most recent data point, as of December 31, 2024, shows a cash conversion cycle of 81.34 days, approaching the higher end of the range seen over the analyzed period. This could be an area for further investigation to identify the factors influencing the cycle's length and potential strategies for optimization.
In conclusion, while the cash conversion cycle of Metallus, Inc has shown fluctuations over time, understanding these trends can provide valuable insights into the company's operational efficiency and cash flow management.
Peer comparison
Dec 31, 2024