Dow Inc (DOW)
Cash conversion cycle
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 64.22 | 63.95 | 63.17 | 63.59 | 62.01 | 63.68 | 61.48 | 60.28 | 55.76 | 55.34 | 53.93 | 52.90 | 52.13 | 55.28 | 61.09 | 60.43 | 60.36 | 61.92 | 65.64 | 63.24 |
| Days of sales outstanding (DSO) | days | 60.62 | 63.89 | 66.80 | 61.51 | 58.31 | 61.84 | 60.05 | 59.27 | 54.10 | 58.75 | 56.76 | 53.31 | 49.74 | 52.41 | 58.98 | 62.30 | 63.44 | 66.93 | 71.96 | 74.20 |
| Number of days of payables | days | 54.00 | 43.45 | 46.61 | 46.29 | 45.93 | 48.11 | 47.39 | 46.72 | 41.56 | 38.25 | 35.63 | 35.46 | 36.85 | 36.57 | 42.28 | 44.92 | 45.66 | 40.06 | 44.04 | 43.14 |
| Cash conversion cycle | days | 70.84 | 84.39 | 83.37 | 78.80 | 74.39 | 77.41 | 74.13 | 72.82 | 68.30 | 75.84 | 75.06 | 70.75 | 65.02 | 71.12 | 77.79 | 77.80 | 78.14 | 88.79 | 93.57 | 94.31 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 64.22 + 60.62 – 54.00
= 70.84
Peer comparison
Dec 31, 2025