Griffon Corporation (GFF)
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 | 110.05 | 110.55 | 103.41 | 97.52 | 96.85 | 98.08 | 100.46 | 101.14 | 106.60 | 112.71 | 110.52 | 124.27 | 127.96 | 151.91 | 154.95 | 128.16 | 117.85 | 109.48 | 101.45 | 93.09 |
| Days of sales outstanding (DSO) | days | 42.12 | 39.38 | 43.13 | 37.57 | 43.51 | 44.89 | 48.35 | 40.82 | 42.47 | 47.65 | 49.67 | 44.04 | 46.34 | 62.25 | 80.09 | 57.23 | 51.73 | 56.12 | 60.49 | 48.43 |
| Number of days of payables | days | 34.33 | 32.42 | 33.70 | 33.28 | 27.17 | 35.65 | 32.39 | 32.55 | 24.52 | 30.91 | 30.65 | 30.85 | 37.25 | 45.48 | 51.22 | 58.78 | 64.82 | 55.55 | 53.84 | 49.76 |
| Cash conversion cycle | days | 117.84 | 117.52 | 112.83 | 101.81 | 113.19 | 107.31 | 116.42 | 109.41 | 124.55 | 129.45 | 129.54 | 137.46 | 137.05 | 168.68 | 183.83 | 126.61 | 104.76 | 110.06 | 108.09 | 91.76 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 110.05 + 42.12 – 34.33
= 117.84
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
Griffon Corporation
GFF
117.84
Johnson Controls International PLC
JCI
53.33