Photronics Inc (PLAB)
Cash conversion cycle
| Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 41.03 | 42.17 | 40.92 | 37.00 | 36.25 | 34.57 | 34.50 | 33.74 | 33.46 | 32.31 | 31.31 | 31.64 | 35.54 | 34.66 | 35.95 | 34.85 | 45.87 | 46.33 | 45.93 | 51.56 |
| Days of sales outstanding (DSO) | days | 84.20 | 81.38 | 83.49 | 79.90 | 90.67 | 83.41 | 94.26 | 87.76 | 91.36 | 90.05 | 96.43 | 84.39 | 85.08 | 88.08 | 92.67 | 96.43 | 96.28 | 93.34 | 91.18 | — |
| Number of days of payables | days | 110.18 | 116.17 | 59.84 | 55.22 | 50.48 | 55.48 | 55.36 | 58.92 | 58.43 | 55.42 | 53.70 | 53.21 | 65.15 | 63.54 | 60.65 | 55.99 | 73.69 | 72.63 | 75.07 | 69.72 |
| Cash conversion cycle | days | 15.05 | 7.37 | 64.58 | 61.68 | 76.44 | 62.50 | 73.40 | 62.59 | 66.39 | 66.94 | 74.04 | 62.81 | 55.47 | 59.20 | 67.97 | 75.29 | 68.46 | 67.04 | 62.04 | -18.16 |
October 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 41.03 + 84.20 – 110.18
= 15.05
Peer comparison
Oct 31, 2025
Company name
Symbol
Cash conversion cycle
Photronics Inc
PLAB
15.05
Applied Materials Inc
AMAT
81.30
Kulicke and Soffa Industries Inc
KLIC
202.33