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Cash Conversion Cycle # Item 2019 2020 2021 2022 2023 1 Days Sales Outstanding 23 16 19 16 17 2 Days Inventory 73 82 83

Cash Conversion Cycle # Item 2019 2020 2021 2022 2023 1 Days Sales Outstanding 23 16 19 16 17 2 Days Inventory 73 82 83 71 66 3 Payables Period 133 145 175 141 128 4 Cash conversion cycle -38.00 -48.00 -74.00 -53.00 -45.00 # Item 2019 2020 2021 2022 2023 1 Free Cash flow -226,400 -94,618 11,181 -94,520 86,780

cash conversion cycle analysis

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