3M Company (MMM)
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 | 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 |
| Cash conversion cycle | days | 74.90 | 74.74 | 64.51 | 90.90 | 88.02 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 88.61 + 51.69 – 65.40
= 74.90
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash conversion cycle
3M Company
MMM
74.90
Matthews International Corporation
MATW
107.17