REX American Resources Corporation (REX)
Cash conversion cycle
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 20.98 | 18.73 | 17.33 | 14.56 | 13.49 | 18.06 | 21.36 | 18.48 | 22.23 | 19.47 | 24.07 | 28.66 | 22.65 | 17.34 | 27.46 | 23.70 | 38.51 | 22.28 | 33.01 | 25.06 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 20.98 | 18.73 | 17.33 | 14.56 | 13.49 | 18.06 | 21.36 | 18.48 | 22.23 | 19.47 | 24.07 | 28.66 | 22.65 | 17.34 | 27.46 | 23.70 | 38.51 | 22.28 | 33.01 | 25.06 |
January 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 20.98 + — – —
= 20.98
The cash conversion cycle of REX American Resources Corporation has fluctuated over the years. It measures the time it takes for the company to convert its investments in inventory into cash flows from sales. A lower cash conversion cycle indicates a more efficient management of working capital and a quicker turnover of assets.
From April 2020 to January 2025, the cash conversion cycle ranged from a high of 38.51 days in January 2021 to a low of 13.49 days in January 2024. The company experienced fluctuations in the cycle, reflecting variations in inventory turnover, accounts receivable collection, and accounts payable payment periods.
Overall, REX American Resources Corporation has shown some improvement in managing its cash conversion cycle, as it has generally trended towards lower days over the years. This suggests enhanced efficiency in managing working capital and optimizing the cash flow process within the company's operations.
Peer comparison
Jan 31, 2025