International Paper (IP)
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 | 41.86 | 48.68 | 45.78 | 46.81 | 47.87 |
| Days of sales outstanding (DSO) | days | 64.89 | 65.91 | 67.38 | 64.94 | 68.05 |
| Number of days of payables | days | 133.25 | 63.20 | 59.18 | 65.27 | 68.77 |
| Cash conversion cycle | days | -26.50 | 51.39 | 53.98 | 46.48 | 47.15 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 41.86 + 64.89 – 133.25
= -26.50
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash conversion cycle
International Paper
IP
-26.50
Greif Bros Corporation
GEF
45.60
Packaging Corp of America
PKG
88.66
Reynolds Consumer Products Inc
REYN
67.89