Netflix Inc (NFLX)

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 7.57 7.48 6.82
Days of sales outstanding (DSO) days 18.61 19.94 18.32 9.89
Number of days of payables days 14.12 15.61 13.84 12.79 17.64
Cash conversion cycle days -14.12 3.00 13.67 13.01 -0.93

December 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – 14.12
= -14.12


Peer comparison

Dec 31, 2025

Company name
Symbol
Cash conversion cycle
Netflix Inc
NFLX
-14.12
Walt Disney Company
DIS
-67.35
Warner Music Group
WMG
53.33

See also:

Netflix Inc Cash Conversion Cycle