Penguin Solutions, Inc. (PENG)

Cash conversion cycle

		Aug 31, 2025	May 31, 2025	Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020
Days of inventory on hand (DOH)	days	95.58	70.29	77.57	102.21	66.50	94.96	88.35	96.52	72.86	72.70	86.72	117.00	70.47	96.45	87.91	89.14	111.27	97.34	72.18	57.94
Days of sales outstanding (DSO)	days	82.11	79.55	91.47	81.29	78.48	75.59	58.07	53.20	62.14	56.91	49.84	64.21	71.22	70.55	77.20	74.79	76.20	79.18	66.16	70.29
Number of days of payables	days	119.40	103.74	92.53	101.10	80.05	102.73	75.69	84.18	56.21	54.96	49.42	91.51	78.33	101.47	100.00	104.74	131.48	119.32	99.68	92.72
Cash conversion cycle	days	58.29	46.10	76.51	82.40	64.93	67.82	70.73	65.54	78.79	74.65	87.14	89.70	63.37	65.53	65.12	59.19	55.99	57.20	38.67	35.51

August 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 95.58 + 82.11 – 119.40
= 58.29

Peer comparison

Aug 31, 2025

Company name

Symbol

Cash conversion cycle

Penguin Solutions, Inc.

PENG

58.29