Aecom Technology Corporation (ACM)
Days of sales outstanding (DSO)
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.41 | 4.71 | 4.68 | 4.79 | 4.68 | 4.54 | 4.58 | 4.41 | 4.54 | 4.38 | 4.39 | 4.21 | 4.13 | 4.17 | 3.96 | 3.82 | 3.86 | 3.82 | 4.53 | 4.67 | |
| DSO | days | 82.70 | 77.56 | 77.95 | 76.26 | 78.07 | 80.42 | 79.78 | 82.70 | 80.43 | 83.42 | 83.09 | 86.64 | 88.32 | 87.46 | 92.15 | 95.56 | 94.44 | 95.56 | 80.64 | 78.16 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.41
= 82.70
Over the past few quarters, Aecom Technology Corporation has shown a fluctuating trend in its Days of Sales Outstanding (DSO) ratio. DSO is a measure of how many days on average it takes for the company to collect its accounts receivable.
Looking at the data, we observe that the DSO has ranged from a low of 76.26 days in December 2023 to a high of 95.56 days in both March and December 2020. This indicates that Aecom has experienced variability in its collection period over time.
Moreover, the DSO has generally been above 80 days, suggesting that Aecom may have some challenges in efficiently collecting its accounts receivable. Investors and analysts typically prefer a lower DSO, as it indicates that the company is collecting payments from customers more quickly.
It's important for Aecom to closely monitor its DSO and take steps to improve its collections process to reduce the number of days it takes to receive payments from customers. This could include implementing stricter credit policies, improving invoicing processes, and actively following up with customers on outstanding payments.
Peer comparison
Sep 30, 2024