Wolverine World Wide Inc (WWW)
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 | 90.21 | 99.51 | 168.48 | 96.32 | 84.07 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 90.21 | 99.51 | 168.48 | 96.32 | 84.07 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 90.21 + — – —
= 90.21
Wolverine World Wide Inc's cash conversion cycle has shown fluctuations over the past five years. The cycle increased from 84.07 days in 2020 to 168.48 days in 2022, indicating a worsening trend in managing cash flows from operating activities. However, in 2023, there was a notable improvement as the cycle decreased to 99.51 days, suggesting a better efficiency in converting inventory and receivables into cash.
In 2024, the cash conversion cycle further decreased to 90.21 days, signifying a continued improvement in managing cash flows. Overall, Wolverine World Wide Inc has demonstrated a mix of challenges and improvements in managing its working capital effectively over the past five years.
Peer comparison
Dec 31, 2024