Toll Brothers Inc (TOL)

Cash conversion cycle

Oct 31, 2025 Oct 31, 2024 Oct 31, 2023 Oct 31, 2022 Oct 31, 2021
Days of inventory on hand (DOH) days 480.02 453.11 449.14 409.24 421.95
Days of sales outstanding (DSO) days 1.89 5.07 4.97 26.54 30.65
Number of days of payables days 27.68 22.96 29.63 29.03 29.98
Cash conversion cycle days 454.23 435.22 424.48 406.76 422.62

October 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 480.02 + 1.89 – 27.68
= 454.23