The AES Corporation (AES)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 7.09 | 8.44 | 6.62 | 6.95 | 6.72 | |
| DSO | days | 51.46 | 43.25 | 55.14 | 52.48 | 54.33 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.09
= 51.46
The days of sales outstanding (DSO) for The AES Corporation have shown some fluctuations over the past five years. At the end of December 31, 2020, the DSO was 54.33 days, indicating that on average, it took the company about 54 days to collect its accounts receivable.
Subsequently, by December 31, 2021, the DSO decreased to 52.48 days, suggesting a slight improvement in the company's accounts receivable collection efficiency. However, by the end of 2022, the DSO increased to 55.14 days, indicating a slight slowdown in collections.
The trend reversed positively by December 31, 2023, as the DSO significantly dropped to 43.25 days, signifying a notable improvement in the company's ability to collect receivables more quickly.
Lastly, as of December 31, 2024, the DSO slightly increased to 51.46 days, which is still lower than the level seen in 2022. Overall, the trend in DSO shows fluctuations in the company's accounts receivable collection efficiency over the five-year period, with efforts to improve collection times evident in some years.