Waste Management Inc (WM)
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 | 4.62 | 4.81 | 4.88 | 4.80 | 4.44 | 4.49 | 4.68 | 4.30 | 4.36 | 4.25 | 4.27 | 4.18 | 4.10 | 4.17 | 4.03 | 3.76 | 3.83 | 3.86 | 4.02 | 4.11 |
| Days of sales outstanding (DSO) | days | 59.16 | 59.91 | 57.13 | 61.00 | 53.33 | 51.85 | 47.36 | 51.29 | 52.85 | 51.89 | 47.77 | 50.99 | 50.24 | 51.11 | 48.96 | 51.83 | 56.25 | 58.45 | 56.78 | 62.94 |
| Number of days of payables | days | 43.14 | 43.45 | 42.57 | 47.72 | 44.74 | 43.82 | 40.04 | 42.50 | 43.32 | 40.66 | 37.91 | 44.98 | 38.38 | 36.23 | 37.39 | 38.28 | 42.53 | 42.69 | 39.26 | 37.16 |
| Cash conversion cycle | days | 20.64 | 21.27 | 19.44 | 18.08 | 13.03 | 12.52 | 12.00 | 13.09 | 13.89 | 15.47 | 14.12 | 10.20 | 15.96 | 19.05 | 15.59 | 17.30 | 17.54 | 19.62 | 21.54 | 29.89 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 4.62 + 59.16 – 43.14
= 20.64