Fastenal Company (FAST)
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 | 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 |
| Cash conversion cycle | days | 171.27 | 173.17 | 169.11 | 193.85 | 200.33 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 141.49 + 55.43 – 25.64
= 171.27
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash conversion cycle
Fastenal Company
FAST
171.27
MSC Industrial Direct Company Inc
MSM
109.46