Delta Air Lines Inc (DAL)
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 | 11.95 | 11.56 | 11.28 | 13.18 | 14.43 |
| Days of sales outstanding (DSO) | days | 16.42 | 19.09 | 19.68 | 22.92 | 29.35 |
| Number of days of payables | days | 39.02 | 37.64 | 38.16 | 47.28 | 55.74 |
| Cash conversion cycle | days | -10.65 | -6.99 | -7.20 | -11.17 | -11.96 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 11.95 + 16.42 – 39.02
= -10.65
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash conversion cycle
Delta Air Lines Inc
DAL
-10.65
Alaska Air Group Inc
ALK
0.00
United Airlines Holdings Inc
UAL
-37.09