Dentsply Sirona Inc (XRAY)
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 | 112.19 | 121.21 | 127.50 | 97.33 | 100.94 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 112.19 | 121.21 | 127.50 | 97.33 | 100.94 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 112.19 + — – —
= 112.19
The cash conversion cycle of Dentsply Sirona Inc has shown variations over the years. In December 2020, it was 100.94 days, and it decreased slightly to 97.33 days by December 2021, indicating a more efficient management of cash, inventory, and receivables. However, in December 2022, the cash conversion cycle increased substantially to 127.50 days, suggesting a potential inefficiency in managing working capital. The cycle improved slightly to 121.21 days by December 2023 but still remained higher compared to the previous year. By December 2024, there was a further decrease to 112.19 days, indicating a better management of cash flow, inventory turnover, and accounts receivable collection. Overall, Dentsply Sirona Inc should continue monitoring and optimizing its cash conversion cycle to ensure efficient working capital management.
Peer comparison
Dec 31, 2024