Triumph Group Inc (TGI)

Cash conversion cycle

Mar 31, 2025 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
Days of inventory on hand (DOH) days 162.60 164.66 139.06 118.91 130.11 156.47 163.27 143.28 145.39 145.66 131.85 123.03 125.45 112.69 109.46 98.99 97.33 90.49 80.46
Days of sales outstanding (DSO) days 66.11 74.36 62.56 58.57 58.24 71.34 72.98 79.35 76.60 74.79 68.60 70.13 73.38 72.18 68.89 64.17 56.77 65.61 63.12
Number of days of payables days 50.60 60.86 49.69 62.64 49.34 55.82 58.14 62.53 60.45 56.57 46.06 54.95 53.70 41.43 43.70 44.37 42.60 47.11 51.55
Cash conversion cycle days 0.00 178.12 178.16 151.93 114.83 139.01 171.99 178.11 160.09 161.54 163.88 154.38 138.21 145.12 143.45 134.64 118.78 111.50 109.00 92.03

March 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00

The cash conversion cycle of Triumph Group Inc has fluctuated over the periods indicated. It represents the time it takes for the company to convert its investment in inventory back into cash. A shorter cycle indicates better efficiency in managing inventory, accounts receivable, and accounts payable.

On June 30, 2020, the cash conversion cycle was 92.03 days, which increased to 178.16 days on September 30, 2024. The cycle then decreased to 0.00 days on March 31, 2025, which may be due to a specific event like a divestiture or a change in business operations that resulted in the elimination of the cycle.

Overall, Triumph Group Inc should strive to maintain a reasonable cash conversion cycle to ensure efficient management of its working capital components and optimize its cash flow. Further analysis of the underlying factors driving these fluctuations would be necessary to provide actionable insights for the company's management.


Peer comparison

Mar 31, 2025

Company name
Symbol
Cash conversion cycle
Triumph Group Inc
TGI
0.00
AAR Corp
AIR
128.47
Textron Inc
TXT
1,239.30