Acuity Brands Inc (AYI)

Cash conversion cycle

Aug 31, 2025 Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021
Days of inventory on hand (DOH) days 84.80 68.70 60.07 75.98 73.28
Days of sales outstanding (DSO) days 49.88 53.50 51.28 60.67 60.30
Number of days of payables days 73.17 62.44 46.57 62.23 71.95
Cash conversion cycle days 61.51 59.76 64.78 74.42 61.63

August 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 84.80 + 49.88 – 73.17
= 61.51