3M Company (MMM)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|---|---|
| Inventory turnover | 4.12 | 3.92 | 4.68 | 3.59 | 3.76 |
| Receivables turnover | 7.06 | 7.51 | 8.81 | 7.38 | 7.41 |
| Payables turnover | 5.58 | 5.45 | 6.66 | 6.05 | 6.26 |
| Working capital turnover | 3.67 | 5.31 | 30.20 | 6.63 | 5.55 |
Average number of days
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 88.61 | 93.12 | 77.91 | 101.79 | 97.08 |
| Days of sales outstanding (DSO) | days | 51.69 | 48.60 | 41.44 | 49.43 | 49.24 |
| Number of days of payables | days | 65.40 | 66.98 | 54.84 | 60.31 | 58.30 |
See also:
Long-term
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|---|---|
| Fixed asset turnover | 3.28 | 3.09 | 3.30 | 3.42 | 3.44 |
| Total asset turnover | 0.66 | 0.62 | 0.65 | 0.74 | 0.75 |