MasTec Inc (MTZ)
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 | 3.67 | 3.52 | 5.01 | 4.97 | 6.21 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 3.67 | 3.52 | 5.01 | 4.97 | 6.21 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 3.67 + — – —
= 3.67
MasTec Inc's cash conversion cycle has shown a positive trend, decreasing from 6.21 days as of December 31, 2020, to 3.67 days as of December 31, 2024. This indicates that the company has been more efficient in managing its operating cycle, reflecting a quicker conversion of inventory into cash. The decreasing trend suggests that MasTec Inc has been improving its liquidity and working capital management over the years, which is a positive indicator of the company's overall financial health. A lower cash conversion cycle implies that the company is able to generate cash quickly from its operations, which can lead to stronger financial performance and improved cash flow management.
Peer comparison
Dec 31, 2024