Ameren Corp (AEE)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 8.16 | 7.23 | 7.80 | 7.74 | 8.05 | |
| DSO | days | 44.72 | 50.46 | 46.81 | 47.18 | 45.33 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.16
= 44.72
The days of sales outstanding (DSO) for Ameren Corp. have shown fluctuations over the past five years. In 2023, the DSO decreased to 44.72 days from 50.46 days in 2022. This suggests that Ameren Corp. collected its accounts receivable more efficiently in 2023 compared to the previous year.
In 2021, the DSO was 46.81 days, which was slightly lower than the DSO of 47.18 days in 2020. This indicates a relatively stable collection period for accounts receivable during those years.
The lowest DSO was recorded in 2019 at 45.33 days. Overall, Ameren Corp. has maintained a reasonable level of efficiency in collecting its sales revenue over the past five years, with fluctuations occurring but generally within a manageable range.
Peer comparison
Dec 31, 2023