RXO Inc. (RXO)
Cash conversion cycle
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — |
| Days of sales outstanding (DSO) | days | 69.08 | 68.49 |
| Number of days of payables | days | 42.10 | 42.54 |
| Cash conversion cycle | days | 26.97 | 25.96 |
December 31, 2023 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 69.08 – 42.10
= 26.97
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash conversion cycle
RXO Inc.
RXO
26.97
Booking Holdings Inc
BKNG
-52.42
Expedia Group Inc.
EXPE
37.86
GATX Corporation
GATX
68.26
GXO Logistics Inc
GXO
37.56
Verra Mobility Corp
VRRM
748.90
XPO Logistics Inc
XPO
-4.12