SpartanNash Co (SPTN)
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 | 24.81 | 33.13 | 25.59 | 25.33 | 24.96 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 24.81 | 33.13 | 25.59 | 25.33 | 24.96 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 24.81 + — – —
= 24.81
The cash conversion cycle of SpartanNash Co has shown a slight increase over the years from 2020 to 2024. The cycle was at 24.96 days in December 2020 and increased to 25.33 days in December 2021. It continued to rise to 25.59 days by December 2022. However, there was a significant spike in the cash conversion cycle to 33.13 days by December 2023, indicating a potential delay in converting company's investments into cash. The cycle then decreased slightly to 24.81 days by December 2024 compared to the previous year. This trend suggests fluctuations in the company's efficiency in managing the conversion of inventory into sales and eventually into cash during these years. Further analysis would be needed to identify the reasons behind these variations and assess their impact on the company's operations and financial performance.
Peer comparison
Dec 31, 2024