MarineMax Inc (HZO)
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 | 203.05 | 210.91 | 218.46 | 239.62 | 203.04 | 194.67 | 211.01 | 201.13 | 190.26 | 178.84 | 175.12 | 145.57 | 110.39 | 94.19 | 82.45 | 83.57 | 60.06 | 54.66 | 84.32 | 117.69 |
| Days of sales outstanding (DSO) | days | 17.12 | 17.74 | 18.86 | 12.81 | 15.98 | 16.74 | 19.44 | 14.30 | 13.07 | 14.84 | 18.52 | 10.67 | 7.95 | 10.11 | 10.28 | 6.78 | 8.43 | 10.99 | 10.86 | 9.93 |
| Number of days of payables | days | 13.20 | 10.36 | 10.00 | 8.22 | 12.20 | 10.08 | 13.88 | 10.09 | 16.78 | 11.42 | 10.98 | 10.43 | 8.34 | 14.23 | 9.47 | 7.00 | 6.69 | 7.50 | 6.48 | 6.95 |
| Cash conversion cycle | days | 206.97 | 218.29 | 227.32 | 244.21 | 206.82 | 201.33 | 216.57 | 205.34 | 186.55 | 182.26 | 182.67 | 145.81 | 110.00 | 90.07 | 83.26 | 83.35 | 61.79 | 58.15 | 88.70 | 120.67 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 203.05 + 17.12 – 13.20
= 206.97
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
MarineMax Inc
HZO
206.97
Sally Beauty Holdings Inc
SBH
167.03