Operating Efficiency

2023202220212020
Turnovers
Assets Turnover 1.091.121.080.83
Receivables Turnover 6.297.018.236.60
Inventory Turnover 37.9838.7940.0341.52
Payables Turnover 3.383.764.393.83
Fixed Assets Turnover 8.939.679.607.40
Efficiency in Days
Average Days of Receivables Outstanding 58.0552.0444.3855.34
Average Days of Inventory Held 9.619.419.128.79
Average Days of Payables Outstanding 108.0097.0583.1795.29
Cash Conversion Cycle (days) -40.34-35.60-29.67-31.15