Lindsay Corporation (LNN)

Cash conversion cycle

Aug 31, 2025 Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021
Days of inventory on hand (DOH) days 107.29 135.51 123.44 123.74 127.00
Days of sales outstanding (DSO) days 60.99 70.11 78.39 65.45 60.19
Number of days of payables days 38.16 32.83 35.05 38.34 39.53
Cash conversion cycle days 130.13 172.79 166.78 150.85 147.66

August 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 107.29 + 60.99 – 38.16
= 130.13