Tractor Supply Company (TSCO)
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 | 108.62 | 109.28 | 103.54 | 107.12 | 96.90 |
| Days of sales outstanding (DSO) | days | 0.64 | 0.53 | 0.06 | — | 0.49 |
| Number of days of payables | days | 48.98 | 47.56 | 46.17 | 55.28 | 51.10 |
| Cash conversion cycle | days | 60.27 | 62.24 | 57.43 | 51.84 | 46.28 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 108.62 + 0.64 – 48.98
= 60.27
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash conversion cycle
Tractor Supply Company
TSCO
60.27
MarineMax Inc
HZO
206.97
Sally Beauty Holdings Inc
SBH
112.89