Apple Inc (AAPL)
Cash conversion cycle
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 9.45 | 12.64 | 10.79 | 8.08 | 11.28 |
| Days of sales outstanding (DSO) | days | 63.99 | 61.83 | 28.10 | 26.09 | 26.22 |
| Number of days of payables | days | 115.40 | 119.66 | 106.72 | 104.69 | 93.85 |
| Cash conversion cycle | days | -41.97 | -45.18 | -67.83 | -70.52 | -56.36 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 9.45 + 63.99 – 115.40
= -41.97