Atlas Energy Solutions Inc. (AESI)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Receivables turnover | 6.10 | 5.11 | 3.91 | |
| DSO | days | 59.84 | 71.50 | 93.39 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.10
= 59.84
To analyze Atlas Energy Solutions Inc.'s days of sales outstanding (DSO), we observe a trend of decreasing DSO over the three periods provided.
As of June 30, 2024, the DSO stood at 93.39 days, indicating that on average, it takes the company approximately 93.39 days to collect its accounts receivable.
By September 30, 2024, the DSO decreased to 71.50 days, suggesting an improvement in the company's collection period, as it now takes about 71.50 days on average to collect its receivables.
Further improvement is evident by December 31, 2024, as the DSO decreased again to 59.84 days. This indicates that the company's collection efficiency has improved significantly, with a faster turnaround in converting credit sales into cash.
The decreasing trend in DSO is a positive sign, reflecting an enhanced ability to collect outstanding receivables promptly. A declining DSO typically signifies better liquidity management, effective credit policies, and potential improvement in cash flows for Atlas Energy Solutions Inc.
Peer comparison
Dec 31, 2024