McCormick & Company Incorporated (MKC)

Activity ratios

Short-term

Turnover ratios

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Inventory turnover 3.34 3.33 3.69 3.04 3.23
Receivables turnover 10.88 11.45 11.34 11.07 11.50
Payables turnover 3.37 3.34 3.72 3.48 3.59
Working capital turnover

Average number of days

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Days of inventory on hand (DOH) days 109.29 109.51 98.85 120.00 112.87
Days of sales outstanding (DSO) days 33.56 31.89 32.19 32.97 31.75
Number of days of payables days 108.21 109.35 98.21 104.86 101.60

Long-term

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Fixed asset turnover 4.72 4.14 4.31 5.30 5.54
Total asset turnover 0.52 0.51 0.52 0.48 0.49