Sanmina Corporation (SANM)
Cash conversion cycle
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 98.51 | 78.92 | 78.69 | 73.71 | 75.97 | 72.51 | 69.15 | 65.58 | 65.74 | 65.12 | 69.24 | 80.61 | 84.92 | 85.94 | 81.78 | 73.07 | 60.97 | 50.79 | 44.68 | 47.15 |
| Days of sales outstanding (DSO) | days | 82.56 | 81.21 | 82.20 | 82.45 | 82.96 | 75.29 | 72.67 | 66.77 | 68.44 | 69.82 | 69.46 | 77.73 | 75.92 | 83.94 | 88.34 | 89.81 | 83.26 | 78.30 | 76.19 | 77.43 |
| Number of days of payables | days | 78.22 | 71.11 | 68.68 | 71.94 | 75.88 | 75.10 | 72.11 | 67.02 | 71.77 | 75.38 | 81.55 | 99.80 | 101.91 | 106.75 | 103.36 | 99.67 | 86.16 | 73.74 | 63.08 | 65.79 |
| Cash conversion cycle | days | 102.85 | 89.02 | 92.22 | 84.22 | 83.04 | 72.70 | 69.71 | 65.33 | 62.41 | 59.56 | 57.15 | 58.53 | 58.92 | 63.12 | 66.76 | 63.21 | 58.07 | 55.34 | 57.78 | 58.79 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 98.51 + 82.56 – 78.22
= 102.85
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
Sanmina Corporation
SANM
102.85
Jabil Circuit Inc
JBL
5.70
Plexus Corp
PLXS
123.71
TE Connectivity Ltd
TEL
94.81