Arrow's ESG and Financial Overview slide image

Arrow's ESG and Financial Overview

Working capital 12.3 Net Working Capital ($B) 12.2 10.7 7.2 7.4 7.4 5.3 5.8 5.2 10.5 Q4'22 120 60 9.1 10.1 Q3 '23 Q4'23 Cash Conversion (Days) 114 99 66 142 121 75 84 69 64 112 Q4'22 Q3 '23 Inventory Turns: 6.1 4.8 MGW 147 Q4'23 5.3 Accounts Receivable Inventory Accounts Payable Net Working Capital Days Sales Outstanding Days Inventory Outstanding Days Payable Outstanding Cash Conversion Cycle Non-GAAP Return on Working Capital (ROWC)1 was 19.8% in the fourth quarter, down 990 basis points year on year. The decrease in ROWC related primarily to lower operating income in global components, in addition to higher working capital levels. Non-GAAP Return on Invested Capital (ROIC)¹ was 12.0% in the fourth quarter, down 580 basis points year on year. The decrease in ROIC related primarily to lower operating income in global components. ¹See reconciliation to comparable GAAP figures in the tables at the end of this presentation 22 32
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