SJW Group Common Stock (SJW)
Cash conversion cycle
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | 14.96 | — | — | — | 74.51 | 68.83 | 72.33 | 13.51 | 18.24 | 12.35 | 16.78 | 15.56 | 21.72 | 16.12 | 20.22 | 17.81 | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 14.96 | 0.00 | 0.00 | 0.00 | 74.51 | 68.83 | 72.33 | 13.51 | 18.24 | 12.35 | 16.78 | 15.56 | 21.72 | 16.12 | 20.22 | 17.81 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle for SJW Group Common Stock has shown fluctuations over the periods analyzed. The company's cash conversion cycle measures the time it takes for the company to convert its investments in inventory and other resources into cash flows from sales.
From March 31, 2020, to June 30, 2022, the cash conversion cycle remained relatively stable, fluctuating between 12.35 days and 20.22 days. During this period, the company effectively managed its inventory levels and receivables to ensure efficient cash conversion.
However, starting from March 31, 2023, there was a significant increase in the cash conversion cycle, reaching a peak of 74.51 days on September 30, 2023. This prolonged cash conversion period may indicate issues with inventory management, delays in collecting receivables, or challenges in converting sales into cash flows.
The cycle decreased to 14.96 days on September 30, 2024, suggesting possible improvements in working capital management. The zero days recorded in several quarters indicate that the company effectively managed its cash flows, leading to an immediate transfer of investments into cash.
Overall, analyzing the cash conversion cycle provides insights into how efficiently SJW Group Common Stock manages its working capital and cash flow operations. Tracking this metric over time can help identify trends and areas for improvement in the company's operational efficiency.
Peer comparison
Dec 31, 2024