Dow Inc (DOW)

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 64.07 62.03 55.93 52.01 60.36
Days of sales outstanding (DSO) days 60.62 58.31 54.10 49.74 63.44
Number of days of payables days 53.87 45.94 41.69 36.76 45.66
Cash conversion cycle days 70.82 74.40 68.34 64.99 78.14

December 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 64.07 + 60.62 – 53.87
= 70.82


Peer comparison

Dec 31, 2025

Company name
Symbol
Cash conversion cycle
Dow Inc
DOW
70.82
Olin Corporation
OLN
91.06