PHINIA Inc. (PHIN)

Cash conversion cycle

Dec 31, 2024 Dec 31, 2023
Days of inventory on hand (DOH) days 51.41 55.02
Days of sales outstanding (DSO) days 87.32 106.06
Number of days of payables days 60.45 72.19
Cash conversion cycle days 78.29 88.89

December 31, 2024 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 51.41 + 87.32 – 60.45
= 78.29