AMC Networks Inc (AMCX)
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 | 3.88 | 4.32 | 4.38 | 4.22 | 4.10 | 4.04 | 3.96 | 3.85 | 3.61 | 3.83 | 3.46 | 3.43 | 3.32 | 3.52 | 3.48 | 3.51 | 3.46 | 3.65 | 3.53 | 3.55 | |
| DSO | days | 94.18 | 84.40 | 83.28 | 86.58 | 88.92 | 90.31 | 92.26 | 94.74 | 100.98 | 95.40 | 105.52 | 106.42 | 109.87 | 103.59 | 104.95 | 104.10 | 105.57 | 99.87 | 103.44 | 102.68 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.88
= 94.18
To analyze AMC Networks Inc's Days Sales Outstanding (DSO) trend, we can observe a fluctuating pattern over the past eight quarters. The DSO signifies the average number of days it takes for the company to collect revenue from its credit sales.
In Q4 2023, the DSO increased to 89.42 days from 80.08 days in Q3 2023, potentially indicating a slower collection of receivables or extended credit terms. Despite this increase, the DSO in Q4 2023 remained lower compared to the same period in the previous year, Q4 2022, which stood at 85.13 days.
Throughout the quarters within 2023, the DSO ranged between 79.24 to 89.42 days, demonstrating some variability in the company's collection efficiency. Comparing Q4 2023 to the beginning of 2022, there seems to be an improvement in DSO as it decreased from 91.10 days in Q1 2022.
Overall, AMC Networks Inc should closely monitor its DSO metric to ensure efficient management of accounts receivable and timely collection of sales revenue. A decreasing trend in DSO could indicate improved liquidity and better cash flow management within the business.
Peer comparison
Dec 31, 2023