Nordson Corporation (NDSN)

Cash conversion cycle

Oct 31, 2025 Oct 31, 2024 Oct 31, 2023 Oct 31, 2022 Oct 31, 2021
Days of inventory on hand (DOH) days 129.69 144.61 137.96 120.25 115.04
Days of sales outstanding (DSO) days 76.86 80.69 82.05 75.71 75.62
Number of days of payables days 35.28 29.67 32.25 31.14 32.24
Cash conversion cycle days 171.27 195.64 187.75 164.83 158.42

October 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 129.69 + 76.86 – 35.28
= 171.27