ManpowerGroup Inc (MAN)

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
Days of sales outstanding (DSO) days 96.96 87.85 93.21 94.57 95.95
Number of days of payables days 66.39 64.58 63.89 63.58 64.06
Cash conversion cycle days 30.57 23.27 29.32 31.00 31.89

December 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 96.96 – 66.39
= 30.57


Peer comparison

Dec 31, 2025

Company name
Symbol
Cash conversion cycle
ManpowerGroup Inc
MAN
30.57
Robert Half International Inc
RHI
31.46