Waystar Holding Corp. Common Stock (WAY)
Cash conversion cycle
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|
Days of inventory on hand (DOH) | days | — | — | — | — |
Days of sales outstanding (DSO) | days | 57.28 | 61.32 | 57.70 | 64.99 |
Number of days of payables | days | 54.76 | 66.47 | 47.72 | 83.75 |
Cash conversion cycle | days | 2.52 | -5.14 | 9.98 | -18.77 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 57.28 – 54.76
= 2.52