Stryker Corporation (SYK)
Cash conversion cycle
| Dec 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 211.66 | 215.15 | 214.36 | 210.97 | 200.40 | 227.00 | 221.89 | 224.90 | 220.52 | 226.04 | 214.24 | 206.09 | 195.73 | 199.82 | 201.14 | 194.74 | 186.96 | 198.48 | 203.10 | 215.55 |
| Days of sales outstanding (DSO) | days | 58.70 | 54.54 | 60.04 | 62.27 | 64.41 | 62.06 | 61.81 | 60.47 | 67.04 | 60.13 | 61.18 | 61.92 | 70.53 | 63.10 | 65.12 | 62.63 | 64.47 | 61.68 | 60.98 | 64.88 |
| Number of days of payables | days | — | 60.02 | 58.44 | 60.50 | 70.48 | 57.35 | 57.37 | 55.75 | 69.07 | 59.99 | 61.85 | 64.97 | 69.23 | 62.42 | 62.24 | 59.88 | 63.69 | 53.98 | 51.14 | 47.60 |
| Cash conversion cycle | days | 270.35 | 209.67 | 215.95 | 212.74 | 194.33 | 231.71 | 226.34 | 229.61 | 218.49 | 226.18 | 213.57 | 203.04 | 197.03 | 200.50 | 204.02 | 197.49 | 187.74 | 206.18 | 212.93 | 232.83 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 211.66 + 58.70 – —
= 270.35
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash conversion cycle
Stryker Corporation
SYK
270.35
Abbott Laboratories
ABT
133.33
CONMED Corporation
CNMD
213.14