WD-40 Company (WDFC)

Cash conversion cycle

Aug 31, 2025 Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021
Days of inventory on hand (DOH) days 104.62 104.85 120.06 143.90 90.70
Days of sales outstanding (DSO) days 70.99 72.62 66.61 63.27 66.97
Number of days of payables days 49.72 47.67 42.78 45.41 54.50
Cash conversion cycle days 125.90 129.79 143.89 161.75 103.17

August 31, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 104.62 + 70.99 – 49.72
= 125.90


Peer comparison

Aug 31, 2025

Company name
Symbol
Cash conversion cycle
WD-40 Company
WDFC
125.90
Air Products and Chemicals Inc
APD
-51.16
Ashland Global Holdings Inc
ASH
0.00