McCormick & Company Incorporated (MKC)

Cash conversion cycle

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
Cash conversion cycle days 34.64 32.05 32.82 48.12 43.02

November 30, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 109.29 + 33.56 – 108.21
= 34.64