Alamo Group Inc (ALG)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.67 | 4.36 | 4.22 | 4.29 | 4.75 | 4.78 | 4.63 | 4.65 | 5.55 | 5.25 | 4.72 | 4.71 | 5.40 | 5.23 | 4.92 | 4.57 | 4.46 | 4.30 | 3.85 | 3.76 | |
| DSO | days | 78.24 | 83.79 | 86.46 | 85.04 | 76.81 | 76.36 | 78.76 | 78.52 | 65.73 | 69.48 | 77.30 | 77.55 | 67.61 | 69.74 | 74.26 | 79.92 | 81.82 | 84.94 | 94.80 | 97.12 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.67
= 78.24
To analyze Alamo Group Inc.'s Days Sales Outstanding (DSO) over the past eight quarters, we observe a fluctuating trend in the collection period for accounts receivable.
In Q4 2023, the DSO was 78.21 days, showing a slight improvement from the previous quarter's 83.37 days. This indicates that the company took fewer days to collect its outstanding sales revenue in the most recent quarter.
Comparing the DSO in Q4 2023 to the same period a year ago (Q4 2022), we note a marginal increase from 76.80 days to 78.21 days, reflecting a slightly longer collection period.
Overall, Alamo Group Inc. has experienced some variability in its DSO over the past eight quarters, with fluctuations between 76 to 86 days. Keeping a close watch on collections efficiency and implementing strategies to shorten the DSO further may help enhance cash flow and overall financial performance.
Peer comparison
Dec 31, 2023