Operating Efficiency

2023202220212020
Turnovers
Assets Turnover 0.580.540.520.51
Receivables Turnover 5.784.994.824.67
Inventory Turnover 6.849.3612.6213.22
Payables Turnover 2.492.852.722.79
Fixed Assets Turnover 27.9323.7920.8018.81
Efficiency in Days
Average Days of Receivables Outstanding 63.1873.1875.7278.14
Average Days of Inventory Held 53.3639.0128.9327.61
Average Days of Payables Outstanding 146.81127.96133.99130.60
Cash Conversion Cycle (days) -30.26-15.78-29.35-24.86