Aecom Technology Corporation (ACM)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 4.41 | 4.68 | 4.54 | 4.13 | 3.86 | |
| DSO | days | 82.70 | 78.07 | 80.43 | 88.32 | 94.44 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.41
= 82.70
Aecom Technology Corporation's Days of Sales Outstanding (DSO) measures the average number of days it takes for the company to collect revenue from its customers. Over the past five years, Aecom's DSO has shown a fluctuating trend.
In 2024, the DSO stood at 82.70 days, slightly higher compared to the previous year's 78.07 days. This indicates that on average, Aecom took 82.70 days to collect its accounts receivable, which may suggest a slight delay in receiving payments from customers.
While the DSO increased in 2024, it was lower compared to the figures in 2020 and 2021 when it ranged from 88.32 to 94.44 days. This improvement may point towards more efficient collections processes or a change in the company's customer base, resulting in quicker payments.
It is important for Aecom to effectively manage its DSO as a higher number of days can indicate liquidity challenges or potential issues with credit policies. By monitoring and potentially reducing the DSO, Aecom can enhance its cash flow and financial performance.
Peer comparison
Sep 30, 2024