Commercial Metals Company (CMC)
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 | 51.84 | 54.01 | 54.09 | 60.50 | 60.71 |
| Days of sales outstanding (DSO) | days | 56.24 | 53.37 | 51.44 | 55.65 | 59.96 |
| Number of days of payables | days | 19.88 | 19.48 | 19.03 | 22.14 | 29.25 |
| Cash conversion cycle | days | 88.20 | 87.90 | 86.50 | 94.00 | 91.42 |
August 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 51.84 + 56.24 – 19.88
= 88.20