Atlas Energy Solutions Inc. (AESI)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.11 | 3.91 | ||||
| DSO | days | 71.50 | 93.39 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.11
= 71.50
The days of sales outstanding (DSO) metric measures the average number of days it takes for a company to collect revenue after making a sale. A lower DSO indicates a more efficient accounts receivable management process, as the company is collecting revenue more quickly.
Based on the provided data, Atlas Energy Solutions Inc.'s DSO has decreased from 93.39 days as of June 30, 2024, to 71.50 days as of September 30, 2024. This reduction in DSO is generally a positive indication, suggesting that the company is collecting revenue more efficiently and potentially improving its cash flow position.
It is important to note that a decreasing DSO could be due to various factors, including more proactive collection efforts, improved credit policies, or changes in customer payment behavior. Further analysis of trends over longer periods and comparison to industry benchmarks would provide more insights into Atlas Energy Solutions Inc.'s accounts receivable management effectiveness.
Peer comparison
Sep 30, 2024