R1 RCM Inc (RCM)
Cash conversion cycle
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Days of inventory on hand (DOH) | days | 9.37 | — |
| Days of sales outstanding (DSO) | days | 1.15 | 2.42 |
| Number of days of payables | days | 3.66 | 6.50 |
| Cash conversion cycle | days | 6.87 | -4.07 |
December 31, 2023 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 9.37 + 1.15 – 3.66
= 6.87
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash conversion cycle
R1 RCM Inc
RCM
6.87
Gartner Inc
IT
92.64
Premier Inc
PINC
49.83