WD-40 Company (WDFC)
Cash conversion cycle
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 102.07 | 104.39 | 96.71 | 103.80 | 101.72 | 105.23 | 111.45 | 120.06 | 132.13 | 153.55 | 168.18 | 143.90 | 139.24 | 109.89 | 104.83 | 90.70 | 80.35 | 82.01 | 78.28 | 81.20 |
| Days of sales outstanding (DSO) | days | 66.99 | 66.22 | 67.38 | 72.62 | 73.91 | 68.10 | 62.81 | 66.61 | 69.62 | 71.99 | 62.60 | 63.27 | 67.12 | 73.22 | 69.98 | 66.97 | 79.03 | 76.52 | 76.50 | 72.08 |
| Number of days of payables | days | 36.73 | 44.04 | 41.60 | 47.20 | 43.01 | 43.70 | 38.83 | 42.78 | 37.12 | 40.36 | 44.95 | 45.41 | 59.01 | 57.69 | 54.52 | 54.50 | 52.66 | 51.06 | 46.38 | 42.66 |
| Cash conversion cycle | days | 132.32 | 126.57 | 122.49 | 129.22 | 132.62 | 129.63 | 135.42 | 143.89 | 164.62 | 185.19 | 185.82 | 161.75 | 147.35 | 125.42 | 120.29 | 103.17 | 106.72 | 107.47 | 108.39 | 110.63 |
May 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 102.07 + 66.99 – 36.73
= 132.32