Adobe Systems Incorporated (ADBE)
Cash conversion cycle
| Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Nov 29, 2024 | Aug 31, 2024 | Aug 30, 2024 | May 31, 2024 | Mar 1, 2024 | Feb 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Sep 1, 2023 | Aug 31, 2023 | Jun 2, 2023 | May 31, 2023 | Mar 3, 2023 | Feb 28, 2023 | Dec 2, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | 35.99 | 32.96 | 27.78 | 32.24 | 34.33 | 34.80 | 30.87 | 31.20 | 28.40 | 36.70 | 37.23 | 40.84 | 41.32 | 34.79 | 35.23 | — | 32.98 | — | 36.24 | 42.17 |
| Number of days of payables | days | 58.81 | 48.85 | 52.73 | 49.41 | 56.31 | 56.75 | 50.55 | 49.77 | 54.02 | 44.73 | 44.91 | 47.20 | 48.44 | 49.74 | 50.00 | 55.39 | 55.49 | 49.48 | 49.96 | 62.09 |
| Cash conversion cycle | days | -22.82 | -15.89 | -24.95 | -17.17 | -21.98 | -21.94 | -19.68 | -18.57 | -25.63 | -8.03 | -7.69 | -6.36 | -7.12 | -14.96 | -14.77 | -55.39 | -22.51 | -49.48 | -13.72 | -19.92 |
November 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 35.99 – 58.81
= -22.82
Peer comparison
Nov 30, 2025
Company name
Symbol
Cash conversion cycle
Adobe Systems Incorporated
ADBE
-22.82
Bentley Systems Inc
BSY
42.39
Fair Isaac Corporation
FICO
-54.61
Guidewire Software Inc
GWRE
59.31
PTC Inc
PTC
133.39
Q2 Holdings
QTWO
27.22
See also:
Adobe Systems Incorporated Cash Conversion Cycle (Quarterly Data)