Valvoline Inc (VVV)
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 | 14.94 | 14.48 | 14.66 | 13.56 | 14.49 | 15.02 | 14.43 | 12.45 | 13.52 | 14.41 | 9.27 | 8.83 | 8.58 | 68.36 | 67.80 | 55.03 | 47.06 | 49.92 | 49.67 | 51.18 |
| Days of sales outstanding (DSO) | days | 19.33 | 19.37 | 18.77 | 18.62 | 19.48 | 22.62 | 26.18 | 20.54 | 20.56 | 18.90 | 11.32 | 10.81 | 12.86 | 89.59 | 92.97 | 73.97 | 60.73 | 63.92 | 64.84 | 65.42 |
| Number of days of payables | days | 41.70 | 35.35 | 36.21 | 31.50 | 42.84 | 40.25 | 45.73 | 30.51 | 48.19 | 40.74 | 23.74 | 13.19 | 13.13 | 59.20 | 58.47 | 45.44 | 7.04 | 43.65 | 41.01 | 37.97 |
| Cash conversion cycle | days | -7.43 | -1.50 | -2.78 | 0.68 | -8.88 | -2.61 | -5.12 | 2.48 | -14.12 | -7.44 | -3.15 | 6.45 | 8.31 | 98.75 | 102.31 | 83.56 | 100.75 | 70.19 | 73.50 | 78.64 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 14.94 + 19.33 – 41.70
= -7.43