Starbucks Corporation (SBUX)
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 | 27.83 | 29.45 | 27.40 | 23.64 | 24.51 | 25.61 | 24.09 | 22.69 | 25.23 | 28.19 | 29.11 | 31.20 | 33.27 | 33.29 | 30.95 | 27.56 | 28.32 | 28.88 | 29.80 | 29.32 |
| Days of sales outstanding (DSO) | days | 12.54 | 12.36 | 11.60 | 12.54 | 12.25 | 11.47 | 11.09 | 11.59 | 12.01 | 11.89 | 12.73 | 13.32 | 13.30 | 14.84 | 14.94 | 13.84 | 14.23 | 15.36 | 18.67 | 21.58 |
| Number of days of payables | days | 23.59 | 24.61 | 25.61 | 24.27 | 22.00 | 21.91 | 20.55 | 20.13 | 21.57 | 21.33 | 20.87 | 20.14 | 22.03 | 23.25 | 21.43 | 21.71 | 21.40 | 21.03 | 20.49 | 20.93 |
| Cash conversion cycle | days | 16.78 | 17.20 | 13.38 | 11.91 | 14.75 | 15.17 | 14.64 | 14.15 | 15.67 | 18.74 | 20.97 | 24.38 | 24.54 | 24.88 | 24.46 | 19.70 | 21.16 | 23.21 | 27.98 | 29.97 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 27.83 + 12.54 – 23.59
= 16.78
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
Starbucks Corporation
SBUX
16.78
Cracker Barrel Old Country Store
CBRL
6.55
See also:
Starbucks Corporation Cash Conversion Cycle (Quarterly Data)