Schlumberger NV (SLB)
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 | 68.12 | 60.97 | 59.19 | 55.45 | 58.22 | 58.66 | 60.83 | 60.26 | 61.17 | 63.31 | 64.64 | 63.65 | 69.50 | 70.38 | 68.63 | 61.98 | 63.44 | 63.69 | 63.85 | 58.29 |
| Days of sales outstanding (DSO) | days | 94.24 | 88.33 | 87.06 | 80.57 | 83.75 | 89.36 | 87.98 | 86.05 | 91.74 | 89.81 | 92.62 | 87.91 | 91.81 | 91.92 | 88.10 | 84.61 | 87.80 | 90.16 | 90.00 | 81.15 |
| Number of days of payables | days | 138.99 | 128.53 | 130.11 | 53.61 | 131.72 | 131.54 | 134.41 | 63.36 | 131.04 | 129.78 | 131.20 | 62.41 | 151.54 | 151.26 | 159.40 | 60.71 | 146.58 | 148.83 | 153.80 | 51.05 |
| Cash conversion cycle | days | 23.37 | 20.77 | 16.15 | 82.41 | 10.25 | 16.48 | 14.41 | 82.95 | 21.87 | 23.34 | 26.05 | 89.16 | 9.77 | 11.04 | -2.67 | 85.88 | 4.67 | 5.01 | 0.05 | 88.39 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 68.12 + 94.24 – 138.99
= 23.37
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
Schlumberger NV
SLB
23.37
Halliburton Company
HAL
78.25
TechnipFMC PLC
FTI
108.69