Eastman Chemical Company (EMN)

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 — 102.32 85.93 81.53 68.92
Days of sales outstanding (DSO) days — 45.60 45.73 44.24 55.01
Number of days of payables days — 67.37 59.74 56.78 56.27
Cash conversion cycle days 0.00 80.54 71.93 69.00 67.66

December 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00