Steel Dynamics Inc (STLD)
Cash conversion cycle
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 86.30 | 77.12 | 71.63 | 70.77 | 98.79 |
| Days of sales outstanding (DSO) | days | 33.79 | 29.49 | 31.23 | 33.71 | 38.00 |
| Number of days of payables | days | 28.42 | 24.27 | 26.93 | 23.00 | 35.83 |
| Cash conversion cycle | days | 91.66 | 82.34 | 75.93 | 81.48 | 100.96 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 86.30 + 33.79 – 28.42
= 91.66
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash conversion cycle
Steel Dynamics Inc
STLD
91.66
Commercial Metals Company
CMC
88.20
Nucor Corp
NUE
80.44