Danaher Corporation (DHR)
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 | 94.65 | 87.96 | 77.51 | 96.53 | 87.81 |
| Days of sales outstanding (DSO) | days | 58.13 | 67.11 | 70.85 | 69.38 | 67.45 |
| Number of days of payables | days | 70.13 | 66.17 | 52.77 | 64.80 | 81.53 |
| Cash conversion cycle | days | 82.66 | 88.90 | 95.59 | 101.11 | 73.74 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 94.65 + 58.13 – 70.13
= 82.66
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash conversion cycle
Danaher Corporation
DHR
82.66
Agilent Technologies Inc
A
128.37
Thermo Fisher Scientific Inc
TMO
144.19