Adient PLC (ADNT)
Days of sales outstanding (DSO)
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
September 30, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for Adient plc have fluctuated over the past five years. In 2023, the DSO decreased to 44.43 days from 47.87 days in 2022, indicating that the company was able to collect its accounts receivable more efficiently. This improvement suggests effective credit and collection management or a more favorable customer payment behavior. In 2021, the DSO increased to 38.05 days from 47.27 days in 2020, possibly indicating a slower collection of receivables or changes in sales terms. The DSO in 2019 was 42.07 days, showing a relatively stable collection period compared to the subsequent years. Overall, the trend in DSO suggests variability in the company's ability to collect receivables, which may be influenced by changes in customer payment behavior, credit policies, or economic conditions.
Peer comparison
Sep 30, 2023