Energizer Holdings Inc (ENR)
Cash conversion cycle
| 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 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 165.78 | 187.87 | 152.72 | 135.55 | 134.58 | 140.21 | 134.66 | 127.40 | 126.88 | 148.51 | 142.99 | 142.68 | 141.56 | 167.33 | 160.36 | 145.82 | 143.35 | 136.94 | 122.13 | 110.12 |
| Days of sales outstanding (DSO) | days | 49.97 | 55.84 | 45.04 | 51.65 | 62.53 | 52.64 | 50.11 | 54.93 | 63.09 | 54.71 | 50.19 | 53.01 | 57.36 | 49.13 | 47.84 | 54.11 | 43.36 | 48.04 | 46.56 | 51.79 |
| Number of days of payables | days | 85.35 | 91.81 | 84.91 | 88.65 | 88.68 | 77.81 | 73.18 | 74.50 | 72.41 | 73.95 | 63.08 | 66.68 | 60.43 | 69.17 | 71.94 | 81.02 | 89.52 | 80.82 | 74.95 | 82.24 |
| Cash conversion cycle | days | 130.39 | 151.90 | 112.86 | 98.56 | 108.44 | 115.03 | 111.58 | 107.83 | 117.56 | 129.27 | 130.11 | 129.01 | 138.48 | 147.29 | 136.27 | 118.91 | 97.19 | 104.16 | 93.74 | 79.67 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 165.78 + 49.97 – 85.35
= 130.39
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
Energizer Holdings Inc
ENR
130.39
Acuity Brands Inc
AYI
61.51
Powell Industries Inc
POWL
80.00