BASF SE

Published by Stock Analysis on Net

Last updated: 2018-02-03 17:51:15

Cash Conversion Cycle

2016 2015 2014 2013
Days of inventory on hand (DOH) 93 69 74 67
Add: Days of sales outstanding (DSO) 69 49 51 50
Less: Number of days of payables 43 29 32 34
Cash conversion cycle
120
90
93
83

2016 calculation:

Cash conversion cycle = DOH + DSO – Number of days of payables
= 93 + 69 – 43 = 120