Shenandoah Telecommunications Co (SHEN)
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 | — | 33.84 | 76.78 | — | 4,398.47 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 33.84 | 76.78 | 0.00 | 4,398.47 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle of Shenandoah Telecommunications Co has shown significant fluctuations over the years based on the provided data.
As of December 31, 2020, the company had a cash conversion cycle of 4,398.47 days, indicating a long cycle where it took a considerable amount of time to convert its investments in inventory into cash from sales.
By December 31, 2021, the cash conversion cycle decreased dramatically to 0.00 days, suggesting a significant improvement in efficiently converting inventory into cash during this period.
However, in the following years, the cash conversion cycle increased again. By December 31, 2022, the cycle stood at 76.78 days, showing that the company took longer to convert its investments in inventory back into cash compared to the previous year.
By December 31, 2023, the cash conversion cycle decreased to 33.84 days, indicating a more efficient conversion of inventory into cash compared to the previous year.
And by December 31, 2024, the cycle was back to 0.00 days, suggesting a rapid and efficient conversion of inventory into cash.
Overall, although there have been fluctuations, Shenandoah Telecommunications Co has shown improvements in its cash conversion cycle over the years, ultimately aiming for more efficient operations and better management of working capital.
Peer comparison
Dec 31, 2024