Fastenal Company (FAST)

Activity ratios

Short-term

Turnover ratios

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Inventory turnover 2.58 2.52 2.62 2.20 2.12
Receivables turnover 6.59 6.81 6.75 6.89 6.68
Payables turnover 14.23 14.40 15.12 14.76 13.87
Working capital turnover 2.97 2.99 3.11 2.99 2.76

Average number of days

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Days of inventory on hand (DOH) days 141.49 144.89 139.22 165.59 171.97
Days of sales outstanding (DSO) days 55.43 53.62 54.03 52.98 54.66
Number of days of payables days 25.64 25.34 24.15 24.72 26.31

Long-term

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Fixed asset turnover 6.91 4.76
Total asset turnover 1.62 1.61 1.65 1.53 1.40