OpenFinArena/FinDeepIndicator huggingface dataset:
Question: Calculate the EBIT Margin of Accenture from 2021 to 2023 and make a year-over-year comparison. How many times was there a YoY decrease? (Indicator unit: %; Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: EBIT / Revenue * 100% = (Pretax Income + Interest Expense) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense
2021,50533389000.0,7761116000.0,59492000.0
2022,61594305000.0,9196167000.0,47320000.0
2023,64111745000.0,9139332000.0,47525000.0

Indicator data:
year,EBIT Margin
2021,15.476120154933604
2022,15.007048135375504
2023,14.329444628281449

Answer: 2.0
Question: Within the 2020–2022 window, how many times did Applied Materials's EBIT Margin decrease from one year to the next? (Indicator unit: %; Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: EBIT / Revenue * 100% = (Pretax Income + Interest Expense) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense
2020,17202000000.0,4166000000.0,240000000.0
2021,23063000000.0,6771000000.0,236000000.0
2022,25785000000.0,7599000000.0,228000000.0

Indicator data:
year,EBIT Margin
2020,25.613300778979188
2021,30.381997138273427
2022,30.354857475276326

Answer: 1.0
Question: Comparing Hershey Company (The)'s EBIT Margin year by year from 2016 to 2018, how many times did it increase relative to the preceding year? (Indicator unit: %; Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: EBIT / Revenue * 100% = (Pretax Income + Interest Expense) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense
2016,7440181000.0,1099481000.0,90951000.0
2017,7515426000.0,1110668000.0,101874000.0
2018,7791069000.0,1410061000.0,132486000.0

Indicator data:
year,EBIT Margin
2016,16.00004085922103
2017,16.134042168734013
2018,19.798913345524216

Answer: 2.0
Question: Taking 2017 as the starting reference, how many year-over-year increases occurred in Ecolab's EBIT Margin up to 2021? (Indicator unit: %; Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: EBIT / Revenue * 100% = (Pretax Income + Interest Expense) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense
2017,13838300000.0,1764800000.0,239300000.0
2018,14668200000.0,1804600000.0,206400000.0
2019,14906300000.0,1898900000.0,189400000.0
2020,11790200000.0,1161400000.0,262500000.0
2021,12733100000.0,1414200000.0,208700000.0

Indicator data:
year,EBIT Margin
2017,14.482270221053165
2018,13.709930325465974
2019,14.009512756351342
2020,12.076979186103713
2021,12.745521514792154

Answer: 2.0
Question: For Analog Devices's EBIT Margin from 2018 to 2020, count the number of YoY decreases between each consecutive pair of years. (Indicator unit: %; Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: EBIT / Revenue * 100% = (Pretax Income + Interest Expense) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense
2018,6200942000.0,1638517000.0,253589000.0
2019,5991065000.0,1485728000.0,229075000.0
2020,5603056000.0,1311617000.0,193305000.0

Indicator data:
year,EBIT Margin
2018,30.513202671465077
2019,28.622673931930297
2020,26.858949830235503

Answer: 2.0
Question: Calculate the EBITDA Margin of IDEX Corporation from 2017 to 2021 and make a year-over-year comparison. How many times was there a YoY increase? (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: (Pretax Income + Interest Expense + D&A) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense,DepreciationExpense,AmortizationOfIntangibles
2017,2287312000.0,455273000.0,44889000.0,38314000.0,45902000.0
2018,2483666000.0,528939000.0,44134000.0,39049000.0,38495000.0
2019,2494573000.0,532903000.0,44341000.0,0.0,37333000.0
2020,2351646000.0,470340000.0,44746000.0,0.0,41844000.0
2021,2764800000.0,579800000.0,41000000.0,0.0,56400000.0

Indicator data:
year,EBITDA Margin
2017,25.548678973397593
2018,26.19583309511021
2019,24.63656104672022
2020,23.682561065738636
2021,24.49363425925926

Answer: 2.0
Question: Within the 2018–2020 window, how many times did Arthur J. Gallagher & Co.'s EBITDA Margin increase from one year to the next? (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: (Pretax Income + Interest Expense + D&A) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense,Depreciation & Amortization
2018,6934000000.0,479400000.0,138400000.0,419000000.0
2019,7195000000.0,626100000.0,179800000.0,474400000.0
2020,7003600000.0,870900000.0,196400000.0,562400000.0

Indicator data:
year,EBITDA Margin
2018,14.952408422267089
2019,17.794301598332176
2020,23.269461419841225

Answer: 2.0
Question: Comparing Cintas's EBITDA Margin year by year from 2022 to 2024, how many times did it increase relative to the preceding year? (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: (Pretax Income + Interest Expense + D&A) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense,Depreciation & Amortization
2022,7854459000.0,1498768000.0,88844000.0,249376000.0
2023,8815769000.0,1693148000.0,111232000.0,257041000.0
2024,9596615000.0,1973635000.0,100740000.0,280866000.0

Indicator data:
year,EBITDA Margin
2022,23.38783613231669
2023,23.38333729025795
2024,24.542414174164538

Answer: 1.0
Question: Taking 2018 as the starting reference, how many year-over-year decreases occurred in Vici Properties's EBITDA Margin up to 2022? (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: (Pretax Income + Interest Expense + D&A) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense,Depreciation & Amortization
2018,897977000.0,533558000.0,213309000.0,3686000.0
2019,894798000.0,555986000.0,209379000.0,3831000.0
2020,1225574000.0,897039000.0,308605000.0,3731000.0
2021,1509568000.0,1026045000.0,323219000.0,3091000.0
2022,2600697000.0,1139143000.0,466806000.0,3182000.0

Indicator data:
year,EBITDA Margin
2018,83.58265300781646
2019,85.96308887592507
2020,98.67825198641617
2021,89.58556355195658
2022,61.87306710470308

Answer: 2.0
Question: For Old Dominion's EBITDA Margin from 2022 to 2024, count the number of YoY increases between each consecutive pair of years. (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: (Pretax Income + Interest Expense + D&A) / Revenue * 100%
Data:
year,Revenue,PretaxIncomeLoss,InterestExpense,Depreciation & Amortization
2022,6260077000.0,1841349000.0,3953000.0,276050000.0
2023,5866152000.0,1647776000.0,3484000.0,324435000.0
2024,5814810000.0,1557597000.0,2909000.0,344568000.0

Indicator data:
year,EBITDA Margin
2022,33.88699531970613
2023,33.67957393534978
2024,32.76244623642045

Answer: 0.0
Question: Calculate the Net Profit Margin of Palantir Technologies from 2023 to 2025 and make a year-over-year comparison. How many times was there a YoY decrease? (Indicator unit: %) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Revenue * 100%
Data:
year,Revenue,NetIncome
2023,2225012000.0,209825000.0
2024,2865507000.0,462190000.0
2025,4475446000.0,1625033000.0

Indicator data:
year,Net Profit Margin
2023,9.430286218681069
2024,16.129431894600152
2025,36.30996776634105

Answer: 0.0
Question: Within the 2018–2022 window, how many times did Brown & Brown's Net Profit Margin increase from one year to the next? (Indicator unit: %) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Revenue * 100%
Data:
year,Revenue,NetIncome
2018,2014246000.0,344255000.0
2019,2392171000.0,398514000.0
2020,2613375000.0,480483000.0
2021,3051398000.0,587104000.0
2022,3573400000.0,671800000.0

Indicator data:
year,Net Profit Margin
2018,17.09101073056618
2019,16.659093350767982
2020,18.385535944898837
2021,19.24049239070092
2022,18.80002238764202

Answer: 2.0
Question: Comparing J.B. Hunt's Net Profit Margin year by year from 2017 to 2021, how many times did it decrease relative to the preceding year? (Indicator unit: %) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Revenue * 100%
Data:
year,Revenue,NetIncome
2017,7189568000.0,686263000.0
2018,8614874000.0,489585000.0
2019,9165258000.0,516320000.0
2020,9636573000.0,506035000.0
2021,12168302000.0,760806000.0

Indicator data:
year,Net Profit Margin
2017,9.545260577547914
2018,5.683019856123258
2019,5.633447525426998
2020,5.2511925141852815
2021,6.252359614348822

Answer: 3.0
Question: Taking 2020 as the starting reference, how many year-over-year increases occurred in Emcor's Net Profit Margin up to 2024? (Indicator unit: %) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Revenue * 100%
Data:
year,Revenue,NetIncome
2020,8797061000.0,132943000.0
2021,9903580000.0,383532000.0
2022,11076120000.0,406122000.0
2023,12582873000.0,632994000.0
2024,14566116000.0,1007145000.0

Indicator data:
year,Net Profit Margin
2020,1.5112206224328784
2021,3.872660189547618
2022,3.666644998429053
2023,5.030599927377476
2024,6.914300284303653

Answer: 3.0
Question: For Jacobs Solutions's Net Profit Margin from 2020 to 2024, count the number of YoY increases between each consecutive pair of years. (Indicator unit: %) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Revenue * 100%
Data:
year,Revenue,NetIncome
2020,13566975000.0,491845000.0
2021,14092632000.0,477030000.0
2022,14922825000.0,644039000.0
2023,16352414000.0,665777000.0
2024,11500941000.0,806093000.0

Indicator data:
year,Net Profit Margin
2020,3.6253107269675073
2021,3.3849603111753717
2022,4.315798114633121
2023,4.071429453779729
2024,7.008930834442155

Answer: 2.0
Question: Calculate the Return on Equity of Monolithic Power Systems from 2019 to 2023 and make a year-over-year comparison. How many times was there a YoY decrease? (Indicator unit: %; Use the average of beginning and ending stockholders’ equity) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Stockholders Equity * 100%
Data:
year,NetIncome,AllEquityBalance
2018,105268000.0,640093000.0
2019,108839000.0,773491000.0
2020,164375000.0,966587000.0
2021,242023000.0,1243985000.0
2022,437672000.0,1668602000.0
2023,427374000.0,2049939000.0

Indicator data:
year,Return on Equity
2019,15.399014137115305
2020,18.892831240898396
2021,21.89686651237779
2022,30.05383186836994
2023,22.986112026195222

Answer: 1.0
Question: Within the 2017–2019 window, how many times did American Express's Return on Equity increase from one year to the next? (Indicator unit: %; Use the average of beginning and ending stockholders’ equity) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Stockholders Equity * 100%
Data:
year,NetIncome,AllEquityBalance
2016,5408000000.0,20501000000.0
2017,2736000000.0,18227000000.0
2018,6921000000.0,22290000000.0
2019,6759000000.0,23071000000.0

Indicator data:
year,Return on Equity
2017,14.129312125593884
2018,34.16343756941531
2019,29.800930314587422

Answer: 1.0
Question: Comparing Chipotle Mexican Grill's Return on Equity year by year from 2017 to 2019, how many times did it increase relative to the preceding year? (Indicator unit: %; Use the average of beginning and ending stockholders’ equity) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Stockholders Equity * 100%
Data:
year,NetIncome,AllEquityBalance
2016,22938000.0,1402493000.0
2017,176253000.0,1364445000.0
2018,176553000.0,1441339000.0
2019,350158000.0,1683026000.0

Indicator data:
year,Return on Equity
2017,12.739931288666389
2018,12.584931698234788
2019,22.414666660265368

Answer: 1.0
Question: Taking 2023 as the starting reference, how many year-over-year decreases occurred in Nasdaq Inc.'s Return on Equity up to 2025? (Indicator unit: %; Use the average of beginning and ending stockholders’ equity) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Stockholders Equity * 100%
Data:
year,NetIncome,AllEquityBalance
2022,1125000000.0,6151000000.0
2023,1059000000.0,10816000000.0
2024,1117000000.0,11191000000.0
2025,1788000000.0,12227000000.0

Indicator data:
year,Return on Equity
2023,12.48305534272411
2024,10.151315490525741
2025,15.270304893671534

Answer: 1.0
Question: For Quest Diagnostics's Return on Equity from 2022 to 2024, count the number of YoY increases between each consecutive pair of years. (Indicator unit: %; Use the average of beginning and ending stockholders’ equity) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Stockholders Equity * 100%
Data:
year,NetIncome,AllEquityBalance
2021,1995000000.0,6444000000.0
2022,946000000.0,5893000000.0
2023,854000000.0,6307000000.0
2024,871000000.0,6778000000.0

Indicator data:
year,Return on Equity
2022,15.33598119477993
2023,14.000000000000002
2024,13.31295376385174

Answer: 0.0
Question: Calculate the Return on Assets of Charles Schwab Corporation from 2017 to 2021 and make a year-over-year comparison. How many times was there a YoY increase? (Indicator unit: %; Use the average of beginning and ending total assets) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Total Assets * 100%
Data:
year,NetIncome,Assets
2016,1889000000.0,223383000000.0
2017,2354000000.0,243274000000.0
2018,3507000000.0,296482000000.0
2019,3704000000.0,294005000000.0
2020,3299000000.0,549009000000.0
2021,5855000000.0,667270000000.0

Indicator data:
year,Return on Assets
2017,1.008878041045136
2018,1.299476059552835
2019,1.2545576786618502
2020,0.7826679034986371
2021,0.9627725217651543

Answer: 2.0
Question: Within the 2023–2025 window, how many times did McDonald's's Return on Assets increase from one year to the next? (Indicator unit: %; Use the average of beginning and ending total assets) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Total Assets * 100%
Data:
year,NetIncome,Assets
2022,6177400000.0,50435600000.0
2023,8468800000.0,56146800000.0
2024,8223000000.0,55182000000.0
2025,8563000000.0,59515000000.0

Indicator data:
year,Return on Assets
2023,15.891554327919055
2024,14.772457800676914
2025,14.93151520963931

Answer: 1.0
Question: Comparing Waste Management's Return on Assets year by year from 2020 to 2022, how many times did it decrease relative to the preceding year? (Indicator unit: %; Use the average of beginning and ending total assets) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Total Assets * 100%
Data:
year,NetIncome,Assets
2019,1670000000.0,27743000000.0
2020,1496000000.0,29345000000.0
2021,1816000000.0,29097000000.0
2022,2238000000.0,31367000000.0

Indicator data:
year,Return on Assets
2020,5.241031390134529
2021,6.214708599979467
2022,7.402752050807091

Answer: 0.0
Question: Taking 2020 as the starting reference, how many year-over-year decreases occurred in Ameren's Return on Assets up to 2022? (Indicator unit: %; Use the average of beginning and ending total assets) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Total Assets * 100%
Data:
year,NetIncome,Assets
2019,769000000.0,28933000000.0
2020,815000000.0,32030000000.0
2021,943000000.0,35735000000.0
2022,1075000000.0,37904000000.0

Indicator data:
year,Return on Assets
2020,2.6737529321063596
2021,2.783147642588357
2022,2.9196485557924468

Answer: 0.0
Question: For S&P Global's Return on Assets from 2022 to 2024, count the number of YoY decreases between each consecutive pair of years. (Indicator unit: %; Use the average of beginning and ending total assets) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Net Income / Average Total Assets * 100%
Data:
year,NetIncome,Assets
2021,3024000000.0,15026000000.0
2022,3248000000.0,61784000000.0
2023,2626000000.0,60589000000.0
2024,3852000000.0,60221000000.0

Indicator data:
year,Return on Assets
2022,8.457232131232912
2023,4.291796392995187
2024,6.376955550037248

Answer: 1.0
Question: Calculate the Return on Invested Capital of Moody's Corporation from 2022 to 2024 and make a year-over-year comparison. How many times was there a YoY decrease? (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT; Use the average of beginning and ending invested capital. Total cash is deducted rather than excess cash. Operating lease liabilities are capitalized and included in debt per ASC 842.) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: ROIC = NOPAT / Average Invested Capital * 100%; NOPAT = EBIT x (1 - effective tax rate); EBIT = Pretax Income + Interest Expense; effective tax rate = Income Taxes / Pretax Income; Invested Capital = Equity (incl. minority) + Total Debt (short + long-term debt + operating lease liabilities) - Cash and Short-Term Investments
Data:
year,PretaxIncomeLoss,InterestExpense,IncomeTaxes,AllEquityBalanceIncludingMinorityInterest,ShortTermDebt,LongTermDebt,OperatingLeaseCurrentDebtEquivalent,OperatingLeaseNonCurrentDebtEquivalent,CashAndMarketableSecurities,ShortTermInvestments
2021,2755000000.0,171000000.0,541000000.0,2916000000.0,0.0,7413000000.0,105000000.0,455000000.0,1811000000.0,91000000.0
2022,1760000000.0,231000000.0,386000000.0,2689000000.0,0.0,7389000000.0,106000000.0,368000000.0,1769000000.0,90000000.0
2023,1935000000.0,251000000.0,327000000.0,3476000000.0,0.0,7001000000.0,108000000.0,306000000.0,2130000000.0,63000000.0
2024,2699000000.0,237000000.0,640000000.0,3727000000.0,0.0,6731000000.0,102000000.0,216000000.0,2408000000.0,566000000.0

Indicator data:
year,Return on Invested Capital
2022,17.58300339366516
2023,20.891069469684712
2024,27.149107974895305

Answer: 0.0
Question: Within the 2021–2025 window, how many times did Accenture's Return on Invested Capital decrease from one year to the next? (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT; Use the average of beginning and ending invested capital. Total cash is deducted rather than excess cash. Operating lease liabilities are capitalized and included in debt per ASC 842.) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: ROIC = NOPAT / Average Invested Capital * 100%; NOPAT = EBIT x (1 - effective tax rate); EBIT = Pretax Income + Interest Expense; effective tax rate = Income Taxes / Pretax Income; Invested Capital = Equity (incl. minority) + Total Debt (short + long-term debt + operating lease liabilities) - Cash and Short-Term Investments
Data:
year,PretaxIncomeLoss,InterestExpense,IncomeTaxes,AllEquityBalanceIncludingMinorityInterest,ShortTermDebt,LongTermDebt,OperatingLeaseCurrentDebtEquivalent,OperatingLeaseNonCurrentDebtEquivalent,CashAndMarketableSecurities,ShortTermInvestments
2020,6774331000.0,33071000.0,1589018000.0,17499173000.0,7820000.0,54052000.0,756057000.0,2667584000.0,8415330000.0,94309000.0
2021,7761116000.0,59492000.0,1770571000.0,20097114000.0,12080000.0,53473000.0,744164000.0,2696917000.0,8168174000.0,4294000.0
2022,9196167000.0,47320000.0,2207207000.0,22747088000.0,9175000.0,45893000.0,707598000.0,2563090000.0,7889833000.0,3973000.0
2023,9139332000.0,47525000.0,2135802000.0,26458593000.0,104810000.0,43093000.0,690417000.0,2310714000.0,9045032000.0,4575000.0
2024,9699323000.0,58969000.0,2280126000.0,29168248000.0,946229000.0,78628000.0,726202000.0,2369490000.0,5004469000.0,5396000.0
2025,10270393000.0,228555000.0,2437993000.0,32240967000.0,114484000.0,5034169000.0,729003000.0,2305210000.0,11478729000.0,5945000.0

Indicator data:
year,Return on Invested Capital
2021,43.262338884096955
2022,41.80217840793797
2023,36.34735874326224
2024,30.568261147238786
2025,27.98660464181944

Answer: 4.0
Question: Comparing IBM's Return on Invested Capital year by year from 2020 to 2022, how many times did it decrease relative to the preceding year? (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT; Use the average of beginning and ending invested capital. Total cash is deducted rather than excess cash. Operating lease liabilities are capitalized and included in debt per ASC 842.) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: ROIC = NOPAT / Average Invested Capital * 100%; NOPAT = EBIT x (1 - effective tax rate); EBIT = Pretax Income + Interest Expense; effective tax rate = Income Taxes / Pretax Income; Invested Capital = Equity (incl. minority) + Total Debt (short + long-term debt + operating lease liabilities) - Cash and Short-Term Investments
Data:
year,PretaxIncomeLoss,InterestExpense,IncomeTaxes,AllEquityBalanceIncludingMinorityInterest,ShortTermDebt,LongTermDebt,OperatingLeaseCurrentDebtEquivalent,OperatingLeaseNonCurrentDebtEquivalent,CashAndMarketableSecurities,ShortTermInvestments
2019,10166000000.0,1685000000.0,2091000000.0,20985000000.0,8797000000.0,54102000000.0,1380000000.0,3879000000.0,8172000000.0,696000000.0
2020,4637000000.0,1830000000.0,2253000000.0,20727000000.0,7183000000.0,54355000000.0,1357000000.0,3574000000.0,13212000000.0,600000000.0
2021,4837000000.0,1512000000.0,2103000000.0,18996000000.0,6787000000.0,44917000000.0,974000000.0,2462000000.0,6650000000.0,0.0
2022,1156000000.0,1401000000.0,1865000000.0,22021000000.0,4760000000.0,46189000000.0,874000000.0,2190000000.0,7886000000.0,0.0

Indicator data:
year,Return on Invested Capital
2020,4.327569081274539
2021,5.094941842182501
2022,-2.3124936827498264

Answer: 1.0
Question: Taking 2019 as the starting reference, how many year-over-year increases occurred in United Parcel Service's Return on Invested Capital up to 2021? (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT; Use the average of beginning and ending invested capital. Total cash is deducted rather than excess cash. Operating lease liabilities are capitalized and included in debt per ASC 842.) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: ROIC = NOPAT / Average Invested Capital * 100%; NOPAT = EBIT x (1 - effective tax rate); EBIT = Pretax Income + Interest Expense; effective tax rate = Income Taxes / Pretax Income; Invested Capital = Equity (incl. minority) + Total Debt (short + long-term debt + operating lease liabilities) - Cash and Short-Term Investments
Data:
year,PretaxIncomeLoss,InterestExpense,IncomeTaxes,AllEquityBalanceIncludingMinorityInterest,ShortTermDebt,LongTermDebt,OperatingLeaseCurrentDebtEquivalent,OperatingLeaseNonCurrentDebtEquivalent,CashAndMarketableSecurities,ShortTermInvestments
2018,6019000000.0,605000000.0,1228000000.0,3037000000.0,2805000000.0,19931000000.0,0.0,0.0,4225000000.0,810000000.0
2019,5652000000.0,653000000.0,1212000000.0,3283000000.0,3420000000.0,21818000000.0,538000000.0,2391000000.0,5238000000.0,503000000.0
2020,1844000000.0,701000000.0,501000000.0,669000000.0,2623000000.0,22031000000.0,560000000.0,2540000000.0,5910000000.0,406000000.0
2021,16595000000.0,694000000.0,3705000000.0,14269000000.0,0.0,19784000000.0,580000000.0,3033000000.0,10255000000.0,338000000.0

Indicator data:
year,Return on Invested Capital
2019,21.327415760547478
2020,7.752818831551315
2021,54.6118647720783

Answer: 1.0
Question: For 3M's Return on Invested Capital from 2017 to 2021, count the number of YoY increases between each consecutive pair of years. (Indicator unit: %;  Use the sum of Pretax Income and Interest Expense as EBIT; Use the average of beginning and ending invested capital. Total cash is deducted rather than excess cash. Operating lease liabilities are capitalized and included in debt per ASC 842.) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: ROIC = NOPAT / Average Invested Capital * 100%; NOPAT = EBIT x (1 - effective tax rate); EBIT = Pretax Income + Interest Expense; effective tax rate = Income Taxes / Pretax Income; Invested Capital = Equity (incl. minority) + Total Debt (short + long-term debt + operating lease liabilities) - Cash and Short-Term Investments
Data:
year,PretaxIncomeLoss,InterestExpense,IncomeTaxes,AllEquityBalanceIncludingMinorityInterest,ShortTermDebt,LongTermDebt,OperatingLeaseCurrentDebtEquivalent,OperatingLeaseNonCurrentDebtEquivalent,CashAndMarketableSecurities,ShortTermInvestments
2016,7053000000.0,199000000.0,1995000000.0,10343000000.0,972000000.0,10678000000.0,0.0,0.0,2398000000.0,0.0
2017,7548000000.0,0.0,2679000000.0,11622000000.0,1853000000.0,12096000000.0,0.0,0.0,3053000000.0,0.0
2018,7000000000.0,0.0,1637000000.0,9848000000.0,1211000000.0,13411000000.0,0.0,0.0,2853000000.0,380000000.0
2019,5712000000.0,0.0,1130000000.0,10126000000.0,0.0,17518000000.0,247000000.0,607000000.0,0.0,98000000.0
2020,6711000000.0,0.0,1318000000.0,12931000000.0,0.0,17989000000.0,256000000.0,609000000.0,0.0,404000000.0
2021,7204000000.0,0.0,1285000000.0,15117000000.0,1307000000.0,16056000000.0,263000000.0,591000000.0,201000000.0,0.0

Indicator data:
year,Return on Invested Capital
2017,23.123501056680833
2018,24.51376985487373
2019,18.462034369522733
2020,18.042521871497634
2021,18.34950553368261

Answer: 2.0
Question: Calculate the Days Inventory Outstanding of Huntington Ingalls Industries from 2021 to 2023 and make a year-over-year comparison. How many times was there a YoY increase? (Use the average of beginning and ending inventory; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Inventory / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,Inventories
2020,7691000000.0,137000000.0
2021,8156000000.0,161000000.0
2022,9236000000.0,183000000.0
2023,9808000000.0,186000000.0

Indicator data:
year,Days Inventory Outstanding
2021,6.668097106424718
2022,6.797314854915548
2023,6.866078711256118

Answer: 2.0
Question: Within the 2018–2020 window, how many times did Amphenol's Days Inventory Outstanding decrease from one year to the next? (Use the average of beginning and ending inventory; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Inventory / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,Inventories
2017,4701400000.0,1106900000.0
2018,5547100000.0,1233800000.0
2019,5609400000.0,1310100000.0
2020,5934800000.0,1462200000.0

Indicator data:
year,Days Inventory Outstanding
2018,77.00920300697662
2019,82.76495703640317
2020,85.25051391790792

Answer: 0.0
Question: Comparing Hasbro's Days Inventory Outstanding year by year from 2018 to 2022, how many times did it decrease relative to the preceding year? (Use the average of beginning and ending inventory; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Inventory / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,Inventories
2017,2033693000.0,433293000.0
2018,1850678000.0,443383000.0
2019,1807849000.0,446105000.0
2020,1718888000.0,395633000.0
2021,1927500000.0,552100000.0
2022,1911800000.0,676800000.0

Indicator data:
year,Days Inventory Outstanding
2018,86.45121949901603
2019,89.7926541431281
2020,89.37009566650067
2021,89.7334747081712
2022,117.31051888272832

Answer: 1.0
Question: Taking 2022 as the starting reference, how many year-over-year decreases occurred in Lululemon Athletica's Days Inventory Outstanding up to 2024? (Use the average of beginning and ending inventory; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Inventory / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,Inventories
2021,2648052000.0,966481000.0
2022,3618178000.0,1447367000.0
2023,4009873000.0,1323602000.0
2024,4317315000.0,1442081000.0

Indicator data:
year,Days Inventory Outstanding
2022,121.7538938106417
2023,126.11417930193798
2024,116.90996545306515

Answer: 1.0
Question: For Genuine Parts Company's Days Inventory Outstanding from 2020 to 2024, count the number of YoY decreases between each consecutive pair of years. (Use the average of beginning and ending inventory; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Inventory / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,Inventories
2019,13076036000.0,3831183000.0
2020,10882592000.0,3506271000.0
2021,12236374000.0,3889919000.0
2022,14355869000.0,4441649000.0
2023,14799938000.0,4676686000.0
2024,14962954000.0,5514427000.0

Indicator data:
year,Days Inventory Outstanding
2020,123.04838360199481
2021,110.31083840686792
2022,105.9156474609792
2023,112.4393992393752
2024,124.2988598708517

Answer: 2.0
Question: Calculate the Days Sales Outstanding of Comcast from 2017 to 2021 and make a year-over-year comparison. How many times was there a YoY decrease? (Use the average of beginning and ending trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Receivables / Revenue * 365
Data:
year,Revenue,TradeReceivables
2016,80403000000.0,7955000000.0
2017,84526000000.0,8546000000.0
2018,94507000000.0,11104000000.0
2019,108942000000.0,11292000000.0
2020,103564000000.0,11466000000.0
2021,116385000000.0,12008000000.0

Indicator data:
year,Days Sales Outstanding
2017,35.627292194117786
2018,37.9456019130858
2019,37.51785353674432
2020,40.10404194507744
2021,36.808910082914466

Answer: 2.0
Question: Within the 2019–2023 window, how many times did IBM's Days Sales Outstanding decrease from one year to the next? (Use the average of beginning and ending trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Receivables / Revenue * 365
Data:
year,Revenue,TradeReceivables
2018,79591000000.0,22388000000.0
2019,77147000000.0,14192000000.0
2020,73620000000.0,10892000000.0
2021,57350000000.0,7221000000.0
2022,60530000000.0,6851000000.0
2023,61860000000.0,7214000000.0

Indicator data:
year,Days Sales Outstanding
2019,86.53414909199321
2020,62.181879923933714
2021,57.63945074106365
2022,42.427556583512306
2023,41.49470578726156

Answer: 4.0
Question: Comparing Xylem Inc.'s Days Sales Outstanding year by year from 2017 to 2021, how many times did it decrease relative to the preceding year? (Use the average of beginning and ending trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Receivables / Revenue * 365
Data:
year,Revenue,TradeReceivables
2016,3771000000.0,843000000.0
2017,4707000000.0,956000000.0
2018,5207000000.0,1031000000.0
2019,5249000000.0,1036000000.0
2020,4876000000.0,923000000.0
2021,5195000000.0,953000000.0

Indicator data:
year,Days Sales Outstanding
2017,69.75090291055875
2018,69.64230843095832
2019,71.86654600876358
2020,73.3218826907301
2021,65.90375360923966

Answer: 2.0
Question: Taking 2021 as the starting reference, how many year-over-year increases occurred in PepsiCo's Days Sales Outstanding up to 2023? (Use the average of beginning and ending trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Receivables / Revenue * 365
Data:
year,Revenue,TradeReceivables
2020,70372000000.0,8404000000.0
2021,79474000000.0,8680000000.0
2022,86392000000.0,10163000000.0
2023,91471000000.0,10815000000.0

Indicator data:
year,Days Sales Outstanding
2021,39.23081762589023
2022,39.80516135753311
2023,41.85463152255906

Answer: 2.0
Question: For Intuitive Surgical's Days Sales Outstanding from 2022 to 2024, count the number of YoY increases between each consecutive pair of years. (Use the average of beginning and ending trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Receivables / Revenue * 365
Data:
year,Revenue,TradeReceivables
2021,5710100000.0,782700000.0
2022,6222200000.0,942100000.0
2023,7124100000.0,1130200000.0
2024,8352100000.0,1225400000.0

Indicator data:
year,Days Sales Outstanding
2022,50.58918067564527
2023,53.086670596987695
2024,51.47172567378264

Answer: 1.0
Question: Calculate the Days Payable Outstanding of Netflix from 2019 to 2021 and make a year-over-year comparison. How many times was there a YoY increase? (Use the average of beginning and ending trade payables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Payables / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,TradePayables
2018,9967538000.0,562985000.0
2019,12440213000.0,674347000.0
2020,15276319000.0,656183000.0
2021,17332683000.0,837483000.0

Indicator data:
year,Days Payable Outstanding
2019,18.151866853083625
2020,15.895303377731247
2021,15.727169590535983

Answer: 0.0
Question: Within the 2019–2023 window, how many times did Steris's Days Payable Outstanding decrease from one year to the next? (Use the average of beginning and ending trade payables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Payables / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,TradePayables
2018,1606743000.0,152913000.0
2019,1710972000.0,149341000.0
2020,1764419000.0,156950000.0
2021,2568702000.0,225737000.0
2022,2798147000.0,279620000.0
2023,2920541000.0,251723000.0

Indicator data:
year,Days Payable Outstanding
2019,32.23977657144594
2020,31.680744483028125
2021,27.188976183301918
2022,32.960259950603024
2023,33.202785887957056

Answer: 2.0
Question: Comparing Gen Digital's Days Payable Outstanding year by year from 2017 to 2021, how many times did it increase relative to the preceding year? (Use the average of beginning and ending trade payables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Payables / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,TradePayables
2016,853000000.0,180000000.0
2016,615000000.0,175000000.0
2017,1032000000.0,168000000.0
2018,1050000000.0,165000000.0
2020,393000000.0,87000000.0
2021,362000000.0,52000000.0

Indicator data:
year,Days Payable Outstanding
2016,105.34552845528457
2017,60.65649224806201
2018,57.878571428571426
2020,117.02290076335878
2021,70.07596685082873

Answer: 1.0
Question: Taking 2018 as the starting reference, how many year-over-year increases occurred in Costco's Days Payable Outstanding up to 2020? (Use the average of beginning and ending trade payables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Payables / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,TradePayables
2017,111882000000.0,9608000000.0
2018,123152000000.0,11237000000.0
2019,132886000000.0,11679000000.0
2020,144939000000.0,14172000000.0

Indicator data:
year,Days Payable Outstanding
2018,30.890383428608548
2019,31.47186310070286
2020,32.5502970215056

Answer: 2.0
Question: For Southwest Airlines's Days Payable Outstanding from 2022 to 2024, count the number of YoY increases between each consecutive pair of years. (Use the average of beginning and ending trade payables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Average Trade Payables / COGS * 365
Data:
year,CostOfGoodsAndServicesSold,TradePayables
2021,7743000000.0,1282000000.0
2022,9376000000.0,2004000000.0
2023,11152000000.0,1862000000.0
2024,12240000000.0,1818000000.0

Indicator data:
year,Days Payable Outstanding
2022,63.96064419795221
2023,63.26623027259684
2024,54.869281045751634

Answer: 0.0
Question: Calculate the Operating Cycle of KLA Corporation from 2023 to 2025 and make a year-over-year comparison. How many times was there a YoY decrease? (Use the average of beginning and ending inventory and trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Days Inventory Outstanding + Days Sales Outstanding
Data:
year,CostOfGoodsAndServicesSold,Inventories,Revenue,TradeReceivables
2022,3592441000.0,2146889000.0,9211883000.0,1811877000.0
2023,4218307000.0,2876784000.0,10496056000.0,1753361000.0
2024,3928073000.0,3034781000.0,9812247000.0,1833041000.0
2025,4751867000.0,3212149000.0,12156162000.0,2263915000.0

Indicator data:
year,Operating Cycle
2023,279.3337121098209
2024,341.35813949022474
2025,301.426770753387

Answer: 1.0
Question: Within the 2019–2021 window, how many times did Electronic Arts's Operating Cycle increase from one year to the next? (Use the average of beginning and ending inventory and trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Days Inventory Outstanding + Days Sales Outstanding
Data:
year,CostOfGoodsAndServicesSold,Inventories,Revenue,TradeReceivables
2018,1322000000.0,0.0,4950000000.0,623000000.0
2019,1369000000.0,0.0,5537000000.0,461000000.0
2020,1494000000.0,0.0,5629000000.0,521000000.0
2021,1859000000.0,0.0,6991000000.0,650000000.0

Indicator data:
year,Operating Cycle
2019,35.72873397146469
2020,31.837804228104456
2021,30.568945787440995

Answer: 0.0
Question: Comparing Albemarle Corporation's Operating Cycle year by year from 2021 to 2023, how many times did it decrease relative to the preceding year? (Use the average of beginning and ending inventory and trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Days Inventory Outstanding + Days Sales Outstanding
Data:
year,CostOfGoodsAndServicesSold,Inventories,Revenue,TradeReceivables
2020,2134056000.0,750237000.0,3128909000.0,530838000.0
2021,2329986000.0,812920000.0,3327957000.0,556922000.0
2022,4245517000.0,2076031000.0,7320104000.0,1190970000.0
2023,8431294000.0,2161287000.0,9617203000.0,1213160000.0

Indicator data:
year,Operating Cycle
2021,182.0879238376246
2022,167.7632383059335
2023,137.340840502503

Answer: 2.0
Question: Taking 2020 as the starting reference, how many year-over-year decreases occurred in Chevron Corporation's Operating Cycle up to 2022? (Use the average of beginning and ending inventory and trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Days Inventory Outstanding + Days Sales Outstanding
Data:
year,CostOfGoodsAndServicesSold,Inventories,Revenue,TradeReceivables
2019,80113000000.0,5848000000.0,139865000000.0,13325000000.0
2020,50488000000.0,5676000000.0,94471000000.0,11471000000.0
2021,89372000000.0,6305000000.0,155606000000.0,18419000000.0
2022,145416000000.0,8247000000.0,235717000000.0,20456000000.0

Indicator data:
year,Operating Cycle
2020,89.55719192987101
2021,59.52152735875114
2022,48.36137986445628

Answer: 2.0
Question: For Stryker Corporation's Operating Cycle from 2017 to 2019, count the number of YoY increases between each consecutive pair of years. (Use the average of beginning and ending inventory and trade receivables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Days Inventory Outstanding + Days Sales Outstanding
Data:
year,CostOfGoodsAndServicesSold,Inventories,Revenue,TradeReceivables
2016,3830000000.0,2030000000.0,11325000000.0,1967000000.0
2017,4271000000.0,2465000000.0,12444000000.0,2198000000.0
2018,4663000000.0,2955000000.0,13601000000.0,2332000000.0
2019,5188000000.0,3282000000.0,14884000000.0,2893000000.0

Indicator data:
year,Operating Cycle
2017,253.1541791891688
2018,272.9115193227252
2019,283.4673008142952

Answer: 2.0
Question: Calculate the Cash Conversion Cycle of Howmet Aerospace from 2021 to 2025 and make a year-over-year comparison. How many times was there a YoY decrease? (Use the average of beginning and ending inventory, trade receivables, and trade payables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Days Inventory Outstanding + Days Sales Outstanding - Days Payable Outstanding
Data:
year,CostOfGoodsAndServicesSold,Inventories,Revenue,TradeReceivables,TradePayables
2020,3878000000.0,1488000000.0,5259000000.0,328000000.0,599000000.0
2021,3596000000.0,1402000000.0,4972000000.0,367000000.0,732000000.0
2022,4103000000.0,1609000000.0,5663000000.0,506000000.0,962000000.0
2023,4773000000.0,1765000000.0,6640000000.0,675000000.0,982000000.0
2024,5119000000.0,1840000000.0,7430000000.0,689000000.0,948000000.0
2025,5432000000.0,1849000000.0,8252000000.0,779000000.0,845000000.0

Indicator data:
year,Cash Conversion Cycle
2021,104.6309086166179
2022,86.71363739009227
2023,87.13706562579672
2024,93.2196179119986
2025,96.16636338260838

Answer: 1.0
Question: Within the 2020–2024 window, how many times did Omnicom Group's Cash Conversion Cycle increase from one year to the next? (Use the average of beginning and ending inventory, trade receivables, and trade payables; one year is assumed to have 365 days) According to US GAAP, write down the indicator formula, collect the raw data, calculate the answer, and keep four decimal places. Please list the raw data and key calculation process.
Formula: Days Inventory Outstanding + Days Sales Outstanding - Days Payable Outstanding
Data:
year,CostOfGoodsAndServicesSold,Inventories,Revenue,TradeReceivables,TradePayables
2019,12194000000.0,0.0,14953700000.0,7829000000.0,11768400000.0
2020,10989200000.0,0.0,13171100000.0,7813400000.0,11513000000.0
2021,11499700000.0,0.0,14289400000.0,8472500000.0,11897200000.0
2022,11607900000.0,0.0,14289100000.0,8097100000.0,11000200000.0
2023,11982700000.0,0.0,14692200000.0,8659800000.0,11634000000.0
2024,12764700000.0,0.0,15689100000.0,9242000000.0,12484400000.0

Indicator data:
year,Cash Conversion Cycle
2020,-169.896635144151
2021,-163.52067862916053
2022,-148.36761432330727
2023,-136.5786487334637
2024,-136.5878467149971

Answer: 3.0