H B Fuller Company (FUL)

Cash conversion cycle

Nov 30, 2025 Nov 30, 2024 Dec 2, 2023 Nov 30, 2023 Dec 3, 2022
Days of inventory on hand (DOH) days 72.60 68.40 64.49 64.49 64.44
Days of sales outstanding (DSO) days 59.30 61.11 60.08 64.32 59.13
Number of days of payables days — 71.90 64.14 64.14 60.36
Cash conversion cycle days 131.90 57.61 60.42 64.66 63.21

November 30, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 72.60 + 59.30 – —
= 131.90