New York Times Company (NYT)
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 | — | — | 16.56 | 11.66 | 11.21 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 0.00 | 16.56 | 11.66 | 11.21 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle of New York Times Company has displayed fluctuations over the years. In 2020, the company's cash conversion cycle was 11.21 days, which slightly increased to 11.66 days by the end of 2021. However, there was a significant jump in the cash conversion cycle to 16.56 days by the end of 2022.
The most notable change occurred in 2023 and 2024, where the cash conversion cycle dropped to 0 days. A cash conversion cycle of 0 days indicates that the company was able to convert its inventory into cash and collect receivables almost instantly, which can be a positive sign of efficiency in managing working capital.
Overall, it is essential to monitor the trend of the cash conversion cycle to understand how effectively the company is managing its cash flow, inventory, and receivables.
Peer comparison
Dec 31, 2024