Operating Efficiency

2023202220212020
Turnovers
Assets Turnover 0.490.450.360.33
Receivables Turnover 11.7213.2012.578.60
Inventory Turnover 5.826.909.2211.05
Payables Turnover 5.125.105.496.46
Fixed Assets Turnover 16.3714.5311.309.42
Efficiency in Days
Average Days of Receivables Outstanding 31.1427.6429.0442.45
Average Days of Inventory Held 62.6952.9439.5833.03
Average Days of Payables Outstanding 71.2571.5066.5156.46
Cash Conversion Cycle (days) 22.589.082.1119.01