UGI Corporation (UGI)

Cash conversion cycle

		Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Days of inventory on hand (DOH)	days	33.32	37.62	27.74	31.64	36.73
Days of sales outstanding (DSO)	days	39.57	40.56	38.76	46.12	50.03
Number of days of payables	days	44.22	49.79	39.27	42.39	65.54
Cash conversion cycle	days	28.66	28.38	27.23	35.36	21.21

September 30, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 33.32 + 39.57 – 44.22
= 28.66

Sep 30, 2025

Company name

Symbol

Cash conversion cycle

UGI Corporation

UGI

28.66