Alpha Metallurgical Resources Inc (AMR)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 6.81 | 10.07 | 4.58 | 6.34 | 6.96 | |
| DSO | days | 53.59 | 36.24 | 79.73 | 57.60 | 52.44 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.81
= 53.59
Based on the data provided, Alpha Metallurgical Resources Inc's Days of Sales Outstanding (DSO) has shown significant fluctuations over the past four years.
In 2020, the DSO was 37.54 days, indicating that on average, it took the company around 37.54 days to collect its accounts receivable. This decreased to 36.24 days in 2021, showing an improvement in the company's ability to collect outstanding payments efficiently.
However, in 2022, the DSO increased to 79.06 days, which suggests a deterioration in the company's accounts receivable collection process. This significant increase may raise concerns about the company's credit policies and collection practices during that period.
In 2023, the DSO decreased to 53.59 days, indicating some improvement compared to the previous year but still higher than the levels seen in 2021 and 2020. It is crucial for Alpha Metallurgical Resources Inc to closely monitor its DSO trend to ensure efficient cash flow management and timely collection of outstanding receivables to support its financial health and operations.
Peer comparison
Dec 31, 2023