Calix Inc (CALX)

Cash conversion cycle

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Days of inventory on hand (DOH) days — 99.21 93.12 125.91 100.50
Days of sales outstanding (DSO) days — 34.82 44.25 39.45 45.78
Number of days of payables days — 19.53 24.33 34.95 32.86
Cash conversion cycle days 0.00 114.50 113.04 130.41 113.42

December 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00