Telephone and Data Systems Inc (TDS)
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 | 25.68 | 23.05 | 20.04 | 26.79 | 32.53 | 27.65 | 31.22 | 38.10 | 38.14 | 35.75 | 31.36 | 27.31 | 26.29 | 20.98 | 28.03 | 21.98 | 23.87 | 25.87 | 23.88 | 34.16 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | days | 25.68 | 23.05 | 20.04 | 26.79 | 32.53 | 27.65 | 31.22 | 38.10 | 38.14 | 35.75 | 31.36 | 27.31 | 26.29 | 20.98 | 28.03 | 21.98 | 23.87 | 25.87 | 23.88 | 34.16 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 25.68 + — – —
= 25.68
The cash conversion cycle of Telephone and Data Systems Inc has shown some fluctuations over the analyzed periods. Starting at 34.16 days on March 31, 2020, the company managed to reduce its cash conversion cycle to 20.04 days by June 30, 2024. This indicates that the company improved its efficiency in managing its cash, inventory, and accounts receivable during this period. However, there were periods of increase in the cash conversion cycle, such as on December 31, 2022, where it reached 38.14 days, possibly indicating longer times for the company to convert its investments in raw materials into cash inflows from sales.
Overall, the trend of the cash conversion cycle for Telephone and Data Systems Inc suggests a general focus on improving operational efficiency and working capital management. The company's ability to effectively manage its cash conversion cycle is crucial for its financial health and sustainability in the long term.
Peer comparison
Dec 31, 2024