NCFO Global Overview

As of 31 Dec 2025
Financial Review Required

NCFO Health Score

Net Operating Cash Flow YTD vs LY
$360M ▼ 2.5%
Conversion Ratio: 89%
⚠️
Moderate Risk
Expansion changes impacting APAC

Cash Conversion Cycle (DCC)

DSO 58↑ +2
DIO 60↑ +1
DPO 42↑ +3
Net DCC: 76 (+5 vs Target)

Cash Forecast Confidence

Forecast Accuracy
92%
+9.2%
Best
Base
Worst
Next 90-day cash path

Working Capital Quality

AR 14%
Overdue AR > 60 days
AP 8%
Early Payment Leakage
INV 21%
Excess Stock Ratio
Cash Trapped Quality
86%
Overdue AR < 60 days
44%
Slow-Moving % Inventory

D-Zero Execution Impact

$150M
Cash realized YTD
$25M at risk across near-term initiatives
Pipeline: $80M
Next Milestones
May 1: APAC Working Capital
May 5: LATAM Inventory Discounts

Top Cash Signals

Immediate Risks
! EMEA AR ageing >60 days exposing $35M cash risk
! North America DPO down 6 days, impacting short-term liquidity
Upside Opportunity
+ Q2 performance milestone could unlock $18M bonus cash