Robert Half International Inc (RHI)
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 | — | 40.66 | 32.99 | 38.88 | — |
| Days of sales outstanding (DSO) | days | 48.64 | 48.97 | 51.29 | 55.62 | 51.01 |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 48.64 | 89.63 | 84.28 | 94.50 | 51.01 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 48.64 – —
= 48.64
The cash conversion cycle for Robert Half International Inc has fluctuated over the past five years. In 2020, the company had a relatively efficient cash conversion cycle of 51.01 days, indicating that it was able to quickly convert its investments in inventory and accounts receivable into cash. However, by the end of 2021, the cash conversion cycle had increased significantly to 94.50 days, suggesting a slower conversion of investments into cash.
In the following years, the company improved its cash conversion cycle slightly, but it remained relatively high compared to 2020. By the end of 2024, the cash conversion cycle decreased to 48.64 days, which is closer to the initial level observed in 2020. Overall, Robert Half International Inc experienced fluctuations in its cash conversion cycle, indicating varying efficiency in managing its operating cycle and liquidity over the five-year period.
Peer comparison
Dec 31, 2024