AutoZone Inc (AZO)
Cash conversion cycle
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 4, 2024 | Feb 29, 2024 | Feb 10, 2024 | Nov 30, 2023 | Nov 18, 2023 | Aug 31, 2023 | Aug 26, 2023 | May 31, 2023 | May 6, 2023 | Feb 28, 2023 | Feb 11, 2023 | Nov 30, 2022 | Nov 19, 2022 | Aug 31, 2022 | Aug 27, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 271.26 | 266.03 | 257.34 | 259.22 | 299.60 | 299.35 | 290.11 | 258.71 | 225.80 | 226.57 | 226.94 | 252.24 | 280.92 | — | 278.82 | — | 223.31 | — | 231.15 | 260.67 |
| Days of sales outstanding (DSO) | days | 11.06 | 11.37 | 10.27 | 10.74 | 13.23 | 13.27 | 11.36 | 10.20 | 9.45 | 9.50 | 9.71 | 10.82 | 11.05 | — | 11.53 | — | 9.81 | — | 10.00 | 11.20 |
| Number of days of payables | days | 313.58 | 314.32 | 307.56 | 309.78 | 358.71 | 358.41 | 347.43 | 309.83 | 280.87 | 281.83 | 283.52 | 315.13 | 355.38 | 353.19 | 356.18 | 320.64 | 292.53 | 296.79 | 299.35 | 337.57 |
| Cash conversion cycle | days | -31.26 | -36.93 | -39.96 | -39.81 | -45.88 | -45.79 | -45.96 | -40.92 | -45.62 | -45.76 | -46.87 | -52.08 | -63.42 | -353.19 | -65.84 | -320.64 | -59.41 | -296.79 | -58.20 | -65.70 |
May 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 271.26 + 11.06 – 313.58
= -31.26