TE Connectivity Ltd (TEL)
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 | 88.09 | 95.96 | 91.15 | 92.35 | 88.41 | 93.33 | 94.89 | 93.90 | 84.70 | 90.88 | 90.58 | 95.95 | 88.45 | 104.00 | 104.74 | 100.54 | 90.49 | 88.74 | 85.82 | 86.78 |
| Days of sales outstanding (DSO) | days | 72.68 | 75.53 | 72.72 | 67.06 | 70.37 | 66.69 | 66.26 | 64.42 | 67.54 | 66.90 | 67.60 | 65.15 | 64.23 | 72.63 | 72.30 | 68.21 | 71.62 | 75.84 | 81.58 | 76.93 |
| Number of days of payables | days | 65.96 | 68.58 | 64.54 | 65.55 | 60.69 | 58.12 | 55.26 | 57.02 | 51.87 | 52.43 | 54.07 | 57.40 | 52.65 | 65.84 | 69.36 | 69.41 | 68.87 | 71.89 | 72.11 | 68.42 |
| Cash conversion cycle | days | 94.81 | 102.91 | 99.34 | 93.86 | 98.09 | 101.90 | 105.89 | 101.30 | 100.36 | 105.35 | 104.11 | 103.70 | 100.03 | 110.79 | 107.68 | 99.34 | 93.24 | 92.68 | 95.29 | 95.28 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 88.09 + 72.68 – 65.96
= 94.81
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
TE Connectivity Ltd
TEL
94.81
Jabil Circuit Inc
JBL
5.70
Plexus Corp
PLXS
123.71
Sanmina Corporation
SANM
102.85